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Castellum, Inc. Promotes Drew Merriman to Chief Operating Officer

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Castellum, Inc. (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company, has promoted Andrew ("Drew") Merriman to Chief Operating Officer (COO), effective September 1, 2024. This move fills the vacancy created by Glen Ives' promotion to CEO on July 1, 2024. Merriman, who co-founded Merrison Technologies, (MTech) in 2013, brings extensive experience in technical leadership and customer relationship management. Under his leadership, MTech achieved 176% revenue growth over three years, joining the Inc. 5000 fastest-growing companies list in 2018. Castellum acquired MTech in August 2021. Merriman's appointment aligns with Castellum's focus on operational excellence and organic growth in serving federal government clients.

Castellum, Inc. (NYSE-American: CTM), un'azienda di cybersecurity, guerra elettronica e servizi software, ha nominato Andrew ("Drew") Merriman come Chief Operating Officer (COO), con effetto dal 1 settembre 2024. Questa mossa riempie la posizione vacante lasciata dalla promozione di Glen Ives a CEO il 1 luglio 2024. Merriman, che ha co-fondato Merrison Technologies (MTech) nel 2013, porta con s茅 una vasta esperienza nella leadership tecnica e nella gestione delle relazioni con i clienti. Sotto la sua guida, MTech ha registrato una crescita del fatturato del 176% nel corso di tre anni, entrando nella lista delle 5000 aziende a pi霉 rapida crescita di Inc. nel 2018. Castellum ha acquisito MTech nell'agosto 2021. La nomina di Merriman 猫 in linea con l'obiettivo di Castellum di eccellenza operativa e crescita organica nel servizio ai clienti del governo federale.

Castellum, Inc. (NYSE-American: CTM), una empresa de ciberseguridad, guerra electr贸nica y servicios de software, ha promovido a Andrew ("Drew") Merriman como Director de Operaciones (COO), efectivo a partir del 1 de septiembre de 2024. Este movimiento ocupa la vacante creada por la promoci贸n de Glen Ives a CEO el 1 de julio de 2024. Merriman, quien cofund贸 Merrison Technologies (MTech) en 2013, aporta una amplia experiencia en liderazgo t茅cnico y gesti贸n de relaciones con clientes. Bajo su liderazgo, MTech logr贸 un crecimiento del 176% en ingresos durante tres a帽os, uni茅ndose a la lista de las empresas de m谩s r谩pido crecimiento de Inc. 5000 en 2018. Castellum adquiri贸 MTech en agosto de 2021. La designaci贸n de Merriman se alinea con el enfoque de Castellum en la excelencia operativa y el crecimiento org谩nico en el servicio a los clientes del gobierno federal.

Castellum, Inc. (NYSE-American: CTM)鞚 靷澊氩 氤挫晥, 鞝勳瀽鞝 氚 靻岉攧韸胳洦鞏 靹滊箘鞀 須岇偓搿, 鞎る摐毳("霌滊") 氅旊Μ毹检潉 斓滉碃 鞖挫榿 毂呾瀯鞛 (COO)搿 鞛勲獏頄堨姷雼堧嫟, 2024雲 9鞗 1鞚茧秬韯 須牓鞚 氚滌儩頃╇媹雼. 鞚 瓴办爼鞚 2024雲 7鞗 1鞚 旮霠 鞎勳澊敫岇姢鞚 CEO 鞀轨鞙茧 鞚疙暣 氚滌儩頃 瓿奠劃鞚 毂勳毎電 瓴冹瀰雼堧嫟. 氅旊Μ毹检潃 2013雲 Merrison Technologies (MTech)毳 瓿惦彊 靹る頃橃榾鞙茧┌, 旮办垹 毽崝鞁臣 瓿犼皾 甏瓿 甏毽 攵勳暭鞐愳劀 甏戨矓鞙勴暅 瓴巾棙鞚 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 攴胳潣 毽崝鞁 鞎勲灅 MTech電 3雲 霃欖晥 176%鞚 毵れ稖 靹膘灔鞚 鞚措(鞐堦碃, 2018雲勳棎 Inc. 5000鞚 臧鞛 牍犽ゴ瓴 靹膘灔頃橂姅 旮办梾 氇╇鞐 鞓瀽鞀惦媹雼. Castellum鞚 2021雲 8鞗旍棎 MTech毳 鞚胳垬頄堨姷雼堧嫟. 氅旊Μ毹检潣 鞛勲獏鞚 鞐半癌 鞝曤秬 瓿犼皾鞚 雽靸侅溂搿 頃橂姅 Castellum鞚 鞖挫榿 鞖办垬靹标臣 鞙犼赴鞝 靹膘灔鞐 雽頃 歆戩瓿 鞚检箻頃╇媹雼.

Castellum, Inc. (NYSE-American: CTM), une entreprise de cybers茅curit茅, de guerre 茅lectronique et de services logiciels, a promu Andrew ("Drew") Merriman au poste de Directeur des op茅rations (COO), 脿 compter du 1er septembre 2024. Cette d茅cision comble le poste vacant laiss茅 par la promotion de Glen Ives au poste de PDG le 1er juillet 2024. Merriman, qui a cofond茅 Merrison Technologies (MTech) en 2013, apporte une vaste exp茅rience en leadership technique et en gestion des relations avec les clients. Sous sa direction, MTech a connu une croissance de 176 % de son chiffre d'affaires en trois ans, rejoignant en 2018 la liste des 5000 entreprises 脿 la plus forte croissance selon Inc. Castellum a acquis MTech en ao没t 2021. La nomination de Merriman s'inscrit dans l'objectif de Castellum d'excellence op茅rationnelle et de croissance organique au service des clients gouvernementaux f茅d茅raux.

Castellum, Inc. (NYSE-American: CTM), ein Unternehmen f眉r Cybersicherheit, elektronische Kriegsf眉hrung und Software-Dienstleistungen, hat Andrew ("Drew") Merriman zum Chief Operating Officer (COO) bef枚rdert, wirksam ab dem 1. September 2024. Dieser Schritt f眉llt die Vakanz, die durch die Bef枚rderung von Glen Ives zum CEO am 1. Juli 2024 entstanden ist. Merriman, der 2013 Merrison Technologies (MTech) mitbegr眉ndete, bringt umfangreiche Erfahrungen in technischer F眉hrung und Kundenbeziehungsmanagement mit. Unter seiner F眉hrung erzielte MTech in drei Jahren ein Umsatzwachstum von 176% und schloss sich 2018 der Liste der am schnellsten wachsenden Unternehmen von Inc. 5000 an. Castellum erwarb MTech im August 2021. Merrimans Ernennung entspricht Castellums Fokus auf operationale Exzellenz und organisches Wachstum in der Betreuung staatlicher Kunden.

Positive
  • Promotion of experienced executive Drew Merriman to COO
  • Merriman's track record of 176% revenue growth over three years at his previous company
  • Strategic focus on operational excellence and organic growth
Negative
  • None.

VIENNA, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Company") (鈥淐astellum鈥), a cybersecurity, electronic warfare, and software services company focused on the federal government, announces Andrew (鈥淒rew鈥) Merriman鈥檚 promotion to Chief Operating Officer (鈥淐OO鈥), effective September 1, 2024. Mr. Merriman fills Castellum鈥檚 vacancy created by Glen Ives鈥 promotion to Chief Executive Officer (鈥淐EO鈥) on July 1, 2024.

鈥淒rew is an exceptionally talented executive with deep technical knowledge, strong customer relationship management skills, and proven effectiveness at executing Castellum鈥檚 operational strategy,鈥 said CEO of Castellum. 鈥淒rew鈥檚 promotion is another step forward for our focused approach on .鈥

鈥淚 am honored and excited by this opportunity to continue serving Castellum鈥檚 mission customers across the federal government,鈥 said Drew Merriman. 鈥淚 have had the privilege of working with Castellum鈥檚 talented professionals for the last three years. I see a substantial upside opportunity for growth and to expand our capacity to support our Department of Defense and Federal Civilian customers. I look forward to helping make that growth happen over the next several years.鈥

Mr. Merriman co-founded Merrison Technologies, LLC (鈥淢Tech鈥) in 2013, where he served as CEO. Under Mr. Merriman鈥檚 leadership, MTech experienced explosive growth, joining the with 176% revenue growth over three years. Before founding MTech, Mr. Merriman worked for ten years at , advancing from Software Development Manager to Technical Director. Mr. Merriman has a bachelor鈥檚 degree in information technology management and is a . Castellum acquired .

About Castellum, Inc.聽聽

is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government -聽.

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company's expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as 鈥渆stimate,鈥 鈥漰roject,鈥 鈥渂elieve,鈥 鈥渁nticipate,鈥 鈥渟hooting to,鈥 鈥渋ntend,鈥 鈥渋n a position,鈥 鈥榣ooking to,鈥 鈥減ursue,鈥 鈥減ositioned,鈥 鈥渨ill,鈥 鈥渓ikely,鈥 鈥渨ould,鈥 or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations for revenue growth, building value, serving our shareholders and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company's control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company's ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company's revenue due to a delay in the U.S. Congress approving a federal budget; and the Company's ability to maintain the listing of its common stock on the NYSE American LLC. For a more detailed description of these and other risk factors, please refer to the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission ("SEC") which can be viewed at . All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or the future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.

Contact:

Glen Ives, President & CEO
聽- (703) 752-6157

A photo accompanying this announcement is available at


FAQ

Who is the new COO of Castellum (CTM) as of September 1, 2024?

Andrew ("Drew") Merriman has been promoted to Chief Operating Officer (COO) of Castellum (CTM) effective September 1, 2024.

What is Drew Merriman's background before joining Castellum (CTM)?

Drew Merriman co-founded Merrison Technologies, (MTech) in 2013, where he served as CEO. Under his leadership, MTech experienced 176% revenue growth over three years and joined the Inc. 5000 fastest-growing companies list in 2018. Prior to that, he worked at Northrup Grumman for ten years.

When did Castellum (CTM) acquire Merrison Technologies, (MTech)?

Castellum (CTM) acquired Merrison Technologies, (MTech) in August 2021.

What is Castellum's (CTM) business focus?

Castellum (CTM) is a cybersecurity, electronic warfare, and software services company focused on serving the federal government.

Castellum, Inc.

NYSE:CTM

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Information Technology Services
Services-management Consulting Services
United States of America
VIENNA