Benzinga | Nov 15, 2021 06:33PM EST

Alfi Names Louis Almerini As Interim CFO

ALFI (NASDAQ:ALF) (the "Company"), an AI enterprise SaaS advertising platform, announced today that Louis A. Almerini, CPA, has been appointed by the Company's Board of Directors to serve as interim chief financial officer, effective November 8, 2021.

With over 30 years of experience as a financial executive, Almerini has a proven track record leading corporate finance and accounting control functions for multiple public companies and financial institutions. Almerini brings a wealth of finance and accounting experience having served in a number of key roles running integrated business, budgeting, forecasting, financial analysis, accounting, regulatory reporting and operations.

Peter Bordes, Interim CEO and Board Member welcomed Mr. Almerini's appointment, saying, "We are fortunate to have Lou join our team, and to be able to draw on his prior experience in numerous senior finance roles with public companies to assist the management team during this time of transition. With the addition of Lou, and the recent appointments of two highly experienced board members, we have taken the important steps to ensure continuity and demonstrate our commitment to operational excellence."

Bordes added, "Alfi has a strong management team in place, as well as a deep bench. I am confident that we will continue to successfully execute the Company's strategy of combining artificial intelligence and edge computing together to create the best digital-out-of-home advertising platform."