TSS Inc (OTCMKTS:TSSI) Stock Gains 10% In a Week: Here is Why

Date center facilities and technology services providing company TSS Inc (OTCMKTS:TSSI) was one of the companies to have come into focus yesterday following a key announcement. The company announced that it had appointed a new Senior Vice President of Sales in the form of Jim Olivier, who is going to be in charge of the Modular and Edge Solutions business unit.

Trading Data

On Monday, TSSI stock ended flat at $0.2999 with more than 6.50K shares, compared to its average volume of 14.42K shares. The stock moved within a range of $0.2999 – 0.2999 after opening trade at $0.2804.

TSS Inc Announces Appointment Of Jim Olivier As Senior VICE President Sales, Modular and Edge Solutions

Additionally, it was also announced that Olivier would be responsible for all the revenue targets of the above mentioned business unit. The President and Chief Executive Officer of the company DarryllDewan spoke about the latest development as well. He noted that Olivier brought many years of delivering profitable business and revenue growth to the table in the role.

Throughout the course of his career Olivier had managed to display success and leadership abilities in the software and managed services space. Dewan went on to add that Olivier was also the perfect leader and team member to have. It should be noted that Olivier is a veteran of his own industry and holds experience spanning more than three decades. He has considerable sales experience in the information technology industry and could prove to be an inspired appointment.