WidePoint Hires Jason Holloway As Its Chief Sales And Marketing Officer

WidePoint Corporation WYY revealed that it hired Jason Holloway as its Chief Sales and Market Officer. He is coming with more than two and half decades of experience in the IT industry. The company's CEO, Steve Komar, commented, "We are very excited to have Jason join the WidePoint senior executive team. We view him as a strategic hire for the company. Jason has a long record of delivering results in growth, revenue, operational performance, and profitability in each of his prior ventures." He continued to say that "Also, with his strong background in operations and finance, he has led numerous corporate initiatives involving process reengineering, turnaround, and reorganization, which align perfectively with our current efforts rationalize our sales and marketing and G&A. We expect Jason will deliver high-level revenue-building strategies and team leadership to close new business and expand our current work with clients in our targeted industry verticals." WidePoint said that Holloway has industry vertical experience in Government, Technology, Finance, Transportation, Health Care, Entertainment, and Manufacturing. He was a co-founder of Nexcentri, an IT provider for the Credit Union industry, in 2001 and served as president and CEO until 2013. Before that, he was president and CEO of Networked Knowledge Systems (NKS), a global Linux security managed service company where he increased annual revenue more than 800% in five years, servicing clients like IBM and PwC, making NKS an Open Source Managed Security industry leader. For his part, Holloway said, "I look forward to joining the WidePoint executive team and leveraging my experience and relationships to help the company accelerate growth and optimize its operating structure. I am excited about the products and solutions that WidePoint has built—particularly Certificate-on-Device™ and other advanced identity management solutions—and I believe that the target markets and end customers for them remain largely undeveloped and untapped." On Tuesday, the stock traded 1.27 percent down.