Fobi AI Inc., a leader in real-time AI-powered data analytics for customer engagement and activation, announced a key leadership transition as part of its broader financial restructuring efforts. well established board member Jeffrey Hyman has been appointed as Chief Financial Officer (CFO), effective immediately.
This move comes as the company undergoes a strategic overhaul of its finance department, aimed at strengthening operational transparency and preparing for long-term growth. Hyman brings decades of experience in financial transformation, operational restructuring, and scalable financial leadership to his new role expertise seen as critical to guiding Fobi through its next phase.
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“During this year’s audit, we uncovered the need for significant upgrades within our accounting function,” said Rob Anson, CEO of Fobi AI. “With the recent sale of our German subsidiary now complete, our top priority is to finalize our audit and resume trading as soon as possible. Jeff’s background in financial leadership and his familiarity with Fobi made him the ideal candidate to lead this transition.”
To support the financial transformation, Fobi has also engaged an external third-party accounting firm to oversee the ongoing audit and manage day-to-day accounting operations. This strategic move is expected to streamline internal processes through automation and reduce full-time headcount, while ensuring continued access to high-level financial expertise on a scalable basis.
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“Fobi’s vision and technology capabilities have continued to align with market demands since I first became involved,” said Jeffrey Hyman, newly appointed CFO. “I am grateful for the opportunity to lead the finance team during such a pivotal stage and look forward to contributing to the company’s sustainable growth strategy.”
Hyman’s appointment reflects the company’s renewed focus on governance, accountability, and operational efficiency as it gears up for its next stage of commercial and financial progress.
Fobi AI remains committed to driving innovation in real-time data intelligence while laying a stronger foundation for fiscal discipline and shareholder value. The company plans to share further updates on its audit progress and trading status in the coming weeks.
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