Holtz previously held finance leadership roles with Technology and SaaS companies, most recently as Interim CFO of KORE
KORE Group Holdings, Inc. , a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (“CaaS”), announced that Paul Holtz, who had been serving as the Company’s interim Chief Financial Officer, has been named KORE’s Executive Vice President, Chief Financial Officer and Treasurer.
“After a comprehensive search, we are pleased to name Paul as our CFO going forward,” commented Romil Bahl, President and CEO of KORE. “Since joining KORE five years ago, Paul has continually proven his ability to deliver results and create value across the finance and accounting functions. As we deliver on our promise to be the pure-play IoT company helping enable the ‘Decade of IoT’, I couldn’t be more confident in Paul’s ability and his knowledge of our growth dynamics – and more importantly, in Paul’s ability to partner with me and collaborate with our Executive Leadership Team and Board of Directors in a constructive and positive way to drive our growth story.”
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Mr. Holtz has been serving as interim CFO since November 2021. He joined KORE in March 2017 and holds extensive public company experience in the technology and SaaS space. Mr. Holtz’s role at KORE has been integral to the Company’s focus on service delivery and the optimization of financial performance. Prior to joining KORE, Mr. Holtz served in various roles at Blackberry, most recently as Head of Finance for the office of the Chief Operating Officer. Mr. Holtz received his bachelor’s degree in Business Administration and Accounting from Wilfrid Laurier University. He is also a member of the Chartered Professional Accountants of Canada.
“The Board of Directors is delighted with the appointment of Paul Holtz as CFO,” said Tim Donahue, Chairman of the Board. Dr. Cheemin Bo-Linn, KORE Independent Director and Audit Committee Chair said “having worked directly with Paul, we continue to be impressed with the performance and expertise that he has demonstrated in his previous roles.” Added Bo-Linn, “being able to leverage such world-class talent from within KORE speaks volumes to the depth of talent being developed across the KORE organization. I look forward to continuing to work together to deliver shareholder value.”
“I am very pleased to accept this role at such an exciting time for the company,” commented Mr. Holtz. “KORE is extremely well-positioned for growth in the coming decade, and I intend to do everything in my control to continue to execute on our strategic growth plans and deliver meaningful results.”
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