Fobi AI Names Jeffrey Hyman CFO in Finance Team Restructuring
Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), a leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement, today announces it is restructuring its finance team and longtime board Member Jeffrey Hyman will step in as the Company’s Chief Financial Officer (CFO), effective immediately.
The decision to bring in new financial leadership reflects the company’s commitment to transparency, accountability, and long-term sustainable growth. Hyman, a veteran finance executive with decades of experience in financial transformation, restructuring, and strategic scaling, joins Fobi at a pivotal moment as it positions itself for the next chapter of expansion.
Fobi CEO Rob Ansonstated: “During this year’s audit, we identified significant needs for change and upgrades within our accounting function. Now that the sale of our German subsidiary is complete, our priority is finalizing the audit and resuming trading as quickly as possible. Given this focus, I felt it was the right time to bring Jeff on as CFO. His background makes him ideal to lead the audit process and restructure our ongoing Finance functions. We have engaged a third-party accounting firm to assist with the audit and handle all daily accounting tasks. This partnership allows us to implement new automated systems and processes, significantly improving efficiency. Utilizing this full-scope third-party firm also enables us to reduce full-time headcount while gaining access to scalable expertise as needed.”
CFO, Jeffrey Hyman stated: “FOBI’s vision and capabilities have been evolving in alignment with the marketplace since my initial involvement with the Company. We are well positioned to leverage those assets in due course. I am thankful for the appointment to lead our finance team as an integral function in our growth.”
This Press Release Is Available On the Fobi Website, For Shareholder Discussion and Management Engagement
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