Nixxy (NIXX) announced the appointment of Mike Schmidt as its CEO, effective immediately. Schmidt began his career as a founder of one of the first SaaS-based software companies serving the cable telecommunications industry. He went on to lead Uniserve Communications as CEO, where he successfully restructured the business and returned it to profitability, positioning it as a national network and data center company. At Teliphone Navigata Westel, he directed M&A strategy, completing seven acquisitions in just 18 months and significantly expanding the company’s national and international service offerings. In conjunction with this leadership transition, the Company also wishes to recognize the contributions of Miles Jennings, who has served as interim CEO. Mr. Jennings will transition to lead a division focused on AI-enabled career businesses as its dedicated President to help accelerate its growth and innovation roadmap as the Company prepares for its planned spin-off.
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