micromobility.com Inc. Announces Leadership Transition to Drive Profitable Growth

 A leader in the thriving micro mobility sector, today announces a strategic leadership transition aimed at propelling the Company into a new era of profitable growth.

After five years at the helm as Chief Financial Officer (CFO), Giulio Profumo has decided to transition out of his role at micromobility.com Inc. Effective immediately, Gian Luca Spriano will step into the role of interim Chief Financial Officer. Simultaneously, the Company has initiated a comprehensive search for a new CFO to play a pivotal role in driving MCOM’s continued expansion and profitability.

Giulio Profumo’s tenure with the Company, which began in October 2018, witnessed significant milestones, including the successful NASDAQ listing in August 2021. As the finance leader, he played a crucial role in establishing the finance team and overseeing all financial planning and reporting.

The decision for this transition stems from the mutual recognition that the Company’s evolving needs, demand a fresh perspective and a keen focus on profitability. micromobility.com Inc.’s CEO, Salvatore Palella, emphasizes the Company’s unwavering commitment to delivering profitability and sustainable growth.

Salvatore Palella states, “Our primary goal is to drive sustainable profitability while expanding our footprint in the micromobility sector. We are entering a new phase where financial stewardship and profitability take center stage. We are confident that this transition will position us for continued success as we navigate the ever-evolving landscape of urban mobility.”

The leadership transition underscores micromobility.com Inc.’s dedication to optimizing its financial strategies and operations for a more profitable future. The Company remains committed to its mission of providing sustainable and efficient micromobility solutions to urban communities.

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