ACRE's New CEO Expansion Plan

Published Nov 08, 2022 14:29 PM

With ACRE's founder retired and an outsider CEO, Don Joos, brought in, what is ACRE's plan now and what will the new CEO do?

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IPVM spoke with the new CEO Don Joos and new CMO Mark Roberts to better understand their plan, especially in light of various executives leaving in the past 6 months.

*** **** ** ************* ******* ** the********* ********* **** *** ***** ********* * **** *** *** *** aim ******** "*** ****"*** ** *** ******* ************.

Why *** ***? **** **********?

***** *** *** *** (*** ***) clearly ** *** **** ********** ** physical ********, **** ********** ***** ******* in *********************, * ****************** ******* **** ********* an **-**** ******** ** * ***** provider, ****************** ** ****** * ********* ** $*** *******. ACRE's *** *** *** *** **** the *** *** *** ** ********.

**** **** ********* ***** **** ****** 2 ***** ****** ** ************* * years ****, *********** **** **** *** part ** *********** *** * ******* equity ******* *** *** ********** ** their ****** ** ********* ** **** stay * ***** **** ** ****.

***** ****, **** ***, ** ** deliver ******* ******* ** ******** ** ACRE **** *** ***** ** ****.

5 ******** ** ****

****'* *** ********* * *********** ******** in ***** ****:

  1. *****: ******** ** *********** ********** ****** control ******** ***** ********* **** **** growth *********** ****** *** ********
  2. ******: ******* ******* ****** ** ****** innovative **********
  3. **********: ***** *** ******* ******, **** and *********** **** ***** *** *** users *** ******* ********.
  4. *****: ***** ** ******** ****** ****** cloud
  5. ********* *****: ****** * ******, ******** operating ***** **** ***** ** ****** for ********* *** ******** ** ****** with **** ** ****** * ****** business ************** (*.*. ***, ***, *******, Tools/Systems, ***.)

** **********, ** *** ******** ****, ACRE ********* *** ********* ** ****** Feenics ** ****'* ******* ***** ********, which ** ******** ** ** *** it **** ** *********** ** *** how **** ******* **** **** ***** the ********.

2022 **** **** ***********

****'* *** **** ********* **** *** been * **** **** *********** *** ACRE, ******* ******* ** ****** ****** though, *****, *** ******* ***** ** how ********* ******** ******* *********** * year **** *** ** ** ** this ******* *** ** ****-**** *********.

Still *********

******* *** ******* ** ******* ****** markets **** ****, **** **** ** remains ******* *** **** ** ** more ************. ******, *** **** ****** was **** * *** ****** *** -**** ******** ***** ******* ********** ************ ******** ******** *********** **** ****.

Exit *** ****

****'* *** **** **** *** *** focused ** * ******** **** *** ACRE (***, ***********, ***.). ****** **** they ****** ** ***** * ******, more **********, *********** ********, *** ********** at **** ***** ********* ******* ********* opportunities *** ** **** ** *** future.

*******

*** **** ****** ********** ** ** but *** **** ******* ** **** plan? *** **** ******** ********** ********* ************* *** ********** ** ********* ** many ********* ********* **** ***?

** *** **** ****, **** **** a ***** ****** ** ***** **** and **** **** ********* ** *** challenges **** **** (*** *****, ******** executives **** ** ********** *** ********). This ***** **** * **** **********.

*******, ** **** *** ** **** to ***** *** ** ***** ******* acquired ********* ********. ** **** ******** to ******* *** ******* ****'* ************.

Comments (2)
SD
Shannon Davis
Nov 11, 2022
IPVMU Certified

* **** * *** **** **** or **** ****** *** **** *** I **** ******* **** ** * big **** ***** ***. *** **** hand *** ******* **** *** ***** hand ** *****. ** ** ******* they **** *** **** ******* ***** and *** **** **** *** ******* to ******* **** ****** *******. **** are ***** ** **** **** ****** good ****** ** **** ***'* ****** this *** ****.

(1)
JH
John Honovich
Jan 21, 2023
IPVM

****'* *** *** ** ********* **** SSN. **** ********, * *** *** see *** ***** *** ****** ********* but ****** ** **** *** ****** interested.