Carbeeza Announces Change of Officers and Directors

Rhea-AI Summary

Carbeeza Inc. (TSXV:AUTO)(OTCQB:CRBAF) has announced significant leadership changes. Mark Tommasi has been appointed as Interim Chief Executive Officer and Director, replacing Sandro Torrieri who has resigned from both positions. Tommasi brings over 25 years of experience in corporate development, equity financing, and investor relations.

The company has also appointed Michael Plotnikoff to its board of directors, following Ibrahim Gedeon's resignation. Plotnikoff contributes over 30 years of technology and telecom industry experience, including positions at Northern Telecom, BCTel/TELUS, and Sprint Canada.

Carbeeza operates as a Canadian-based software company developing an AI-powered automotive marketplace platform. Their technology aims to predict optimal financing scenarios for consumers while maintaining anonymity, bringing the car-buying process to mobile devices and benefiting both consumers and auto dealers.

Positive

• New CEO brings extensive experience in corporate development and financing
• New board member adds valuable technology and telecom industry expertise
• Company expanding software rollout to both Canadian and US markets

Negative

• Sudden departure of previous CEO and board member indicates potential strategic shift
• Interim nature of CEO appointment suggests temporary leadership situation

CALGARY, AB / ACCESS Newswire / March 18, 2025 / Carbeeza Inc. ("Carbeeza" or the "Company") (TSXV:AUTO)(OTCQB:CRBAF) is pleased to announce the appointment of Mark Tommasi as Interim Chief Executive Officer and Director of Carbeeza. Mr. Tommasi is a former investment advisor and has served as a senior officer, director and financier of numerous public and private companies in both the United States and Canada. Mr. Tommasi has over 25 years of experience in corporate development, equity, private equity and venture capital financing, IPO's and private placements, marketing, investor relations as well as board and committee activities in junior agriculture, technology, exploration, and oil and gas companies.

Mr. Tommasi's appointment signifies the Company's move into its next phase of rolling out its software to automotive dealers and retail buyers in Canada and the United States. Mr. Tommasi's appointment follows the resignation of Sandro Torrieri as Chief Executive Officer and director of the Company, with effect as of today's date. Mr. Torrieri has been instrumental in shaping the Company's vision and growth, and the Company thanks him for his dedication and wish him the best in his future endeavours.

Additionally, the Company is pleased to announce the appointment of Mr. Michael Plotnikoff to the board of directors of the Company, to take effect immediately. Mr. Plotnikoff's appointment follows the resignation of Ibrahim Gedeon director of the Company.

Mr. Plotnikoff has 30 plus years' experience in the technology and telecom Industries. He has held many key industry positions, from Systems Engineer with Northern Telecom to Director of Technical Sales at both BCTel/TELUS & Sprint Canada. His accomplishments range from engineering & design responsibilities, technical sales and teaching to leading and coaching project managers, technical sales engineers and front line sales personnel. Mr. Plotnikoff is a graduate of the University of Alberta, the Southern Alberta Institute of Technology and has earned numerous management certifications from Queens' School of Business and MIT in Boston.

Carbeeza Inc.

Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer. Carbeeza is highly beneficial to both consumers and auto dealers.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.

Mark Tommasi, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Mark Tommasi, Interim Chief Executive Officer
Email: Investorrelations@carbeeza.com
Telephone: 604 318 1448
Website: www.carbeeza.com

SOURCE: Carbeeza Inc.

View the original press release on ACCESS Newswire

FAQ

What strategic changes has Carbeeza (CRBAF) announced in its leadership team?

Carbeeza has appointed Mark Tommasi as Interim CEO and Director, replacing Sandro Torrieri, and added Michael Plotnikoff to its board of directors, replacing Ibrahim Gedeon.

What experience does Mark Tommasi bring to Carbeeza (CRBAF) as the new Interim CEO?

Mark Tommasi brings 25+ years of experience in corporate development, equity financing, IPOs, private placements, and investor relations across agriculture, technology, and oil & gas sectors.

How does Carbeeza's (CRBAF) AI-powered automotive platform work?

The platform uses artificial intelligence to predict the best financing scenarios for consumers while keeping them anonymous, bringing the car-buying process to mobile devices.

What markets does Carbeeza (CRBAF) target with its automotive software platform?

Carbeeza's platform targets the automotive marketplace in both Canada and the United States, serving both consumers and auto dealers.