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Gorilla Technology Group Appoints Bruce Bower as Chief Financial Officer

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Gorilla Technology Group (NASDAQ: GRRR) has appointed Bruce Bower as permanent Chief Financial Officer, effective June 1, 2025. Bower, who has been serving as Interim CFO since September 2024, has demonstrated significant achievements during his tenure, including:

Under his leadership, the company has:

  • Restructured the finance department
  • Streamlined operations
  • Enhanced financial oversight and internal controls
  • Achieved full SOX compliance
  • Resolved previously disclosed material weaknesses
  • Secured significant partnerships

The appointment reinforces Gorilla's commitment to strengthening its financial management and corporate governance as it continues to expand its AI solutions in smart infrastructure, energy, and security sectors.

Gorilla Technology Group (NASDAQ: GRRR) ha nominato Bruce Bower come Chief Financial Officer permanente, a partire dal 1° giugno 2025. Bower, che ricopriva il ruolo di CFO ad interim da settembre 2024, ha ottenuto risultati significativi durante il suo mandato, tra cui:

Sotto la sua guida, l'azienda ha:

  • Ristrutturato il dipartimento finanziario
  • Snellito le operazioni
  • Migliorato la supervisione finanziaria e i controlli interni
  • Raggiunto la piena conformità SOX
  • Risolvendo le debolezze materiali precedentemente segnalate
  • Stipulato partnership importanti

La nomina rafforza l'impegno di Gorilla nel consolidare la gestione finanziaria e la governance aziendale mentre continua ad espandere le sue soluzioni AI nei settori delle infrastrutture intelligenti, energia e sicurezza.

Gorilla Technology Group (NASDAQ: GRRR) ha designado a Bruce Bower como Director Financiero permanente, con efecto a partir del 1 de junio de 2025. Bower, quien ha estado desempeñándose como CFO interino desde septiembre de 2024, ha demostrado logros significativos durante su gestión, incluyendo:

Bajo su liderazgo, la compañía ha:

  • Reestructurado el departamento financiero
  • Optimizado las operaciones
  • Mejorado la supervisión financiera y los controles internos
  • Alcanzado el cumplimiento total de SOX
  • Resuelto debilidades materiales previamente divulgadas
  • Conseguido asociaciones importantes

Este nombramiento refuerza el compromiso de Gorilla para fortalecer su gestión financiera y gobierno corporativo mientras continúa expandiendo sus soluciones de IA en infraestructura inteligente, energía y sectores de seguridad.

고릴라 테크놀로지 그룹 (NASDAQ: GRRR)은 2025년 6월 1일부로 브루스 바워를 정식 최고재무책임자(CFO)로 임명했습니다. 2024년 9월부터 임시 CFO로 재직해온 바워는 재임 기간 동안 다음과 같은 주요 성과를 보여주었습니다:

그의 리더십 아래 회사는:

  • 재무 부서를 재구성하고
  • 운영을 간소화하며
  • 재무 감독과 내부 통제를 강화하고
  • SOX 규정 완전 준수를 달성했으며
  • 이전에 공개된 주요 약점을 해결하고
  • 중요한 파트너십을 확보했습니다

이번 임명은 고릴라가 스마트 인프라, 에너지 및 보안 분야에서 AI 솔루션을 확장하는 가운데 재무 관리와 기업 거버넌스를 강화하려는 의지를 더욱 확고히 하는 것입니다.

Gorilla Technology Group (NASDAQ : GRRR) a nommé Bruce Bower Directeur Financier permanent, à compter du 1er juin 2025. Bower, qui occupait le poste de CFO par intérim depuis septembre 2024, a réalisé d'importantes avancées durant son mandat, notamment :

Sous sa direction, l'entreprise a :

  • Réorganisé le département financier
  • Optimisé les opérations
  • Renforcé la supervision financière et les contrôles internes
  • Atteint une conformité totale à la loi SOX
  • Résolu des faiblesses matérielles précédemment signalées
  • Conclu des partenariats majeurs

Cette nomination renforce l'engagement de Gorilla à renforcer sa gestion financière et sa gouvernance d'entreprise alors qu'elle poursuit l'expansion de ses solutions d'IA dans les secteurs des infrastructures intelligentes, de l'énergie et de la sécurité.

Gorilla Technology Group (NASDAQ: GRRR) hat Bruce Bower zum dauerhaften Chief Financial Officer ernannt, wirksam ab dem 1. Juni 2025. Bower, der seit September 2024 als Interim CFO tätig war, hat während seiner Amtszeit bedeutende Erfolge erzielt, darunter:

Unter seiner Führung hat das Unternehmen:

  • Die Finanzabteilung umstrukturiert
  • Die Abläufe gestrafft
  • Die finanzielle Überwachung und interne Kontrollen verbessert
  • Die vollständige SOX-Konformität erreicht
  • Frühere wesentliche Schwachstellen behoben
  • Bedeutende Partnerschaften gesichert

Die Ernennung unterstreicht das Engagement von Gorilla, das Finanzmanagement und die Unternehmensführung zu stärken, während das Unternehmen seine KI-Lösungen in den Bereichen intelligente Infrastruktur, Energie und Sicherheit weiter ausbaut.

Positive
  • Resolution of previously disclosed material weaknesses in financial controls
  • Achievement of full Sarbanes-Oxley Act compliance
  • Successful restructuring of finance department and streamlined operations
  • Secured significant partnerships under Bower's leadership
Negative
  • None.

London, United Kingdom--(Newsfile Corp. - May 14, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, is pleased to announce the appointment of Bruce Bower as Chief Financial Officer (CFO), effective 1 June 2025.

Mr. Bower brings a wealth of experience in strategic financial management, capital raising and corporate governance. Since joining Gorilla as Interim CFO in September 2024, he has played a pivotal role in restructuring the Company's finance department, streamlining operations, and enhancing Gorilla's financial oversight and internal controls. Under Bruce's leadership, the Company has achieved full compliance with the Sarbanes-Oxley Act (SOX) and resolved any previously disclosed material weaknesses, while continuing to secure significant partnerships.

"Bruce has been instrumental in driving Gorilla's financial strategy during a transformative period. We successfully navigated a complex landscape, optimised capital structures that drove profitability in key growth areas and accelerated our position in the market as a global innovator of AI solutions in smart infrastructure, energy and security," said Jay Chandan, Chairman & CEO of Gorilla Technology Group. "Under Bruce's leadership, we have successfully enhanced our financial reporting and governance frameworks, reinforcing our commitment to the highest standards of corporate integrity."

"I am proud to continue the important mission that Gorilla has set forth," said Mr. Bower. "While we have made great progress as a team, I have more conviction than ever that our greatest opportunity lies ahead. I look forward to continuing to deliver on our growth plans as we collectively work to achieve Gorilla's innovative vision of the future."

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

Investor Relations Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252032

FAQ

Who is the new CFO of Gorilla Technology Group (GRRR)?

Bruce Bower has been appointed as the permanent Chief Financial Officer of Gorilla Technology Group, effective June 1, 2025. He previously served as Interim CFO since September 2024.

What are Bruce Bower's main achievements as Interim CFO at Gorilla Technology (GRRR)?

As Interim CFO, Bower restructured the finance department, achieved SOX compliance, resolved material weaknesses, enhanced financial oversight, streamlined operations, and secured significant partnerships.

When will Bruce Bower start as permanent CFO of GRRR?

Bruce Bower will start as permanent CFO of Gorilla Technology Group on June 1, 2025.

What improvements has Gorilla Technology (GRRR) made in its financial governance?

Under Bower's leadership, Gorilla Technology has achieved full Sarbanes-Oxley Act compliance, resolved material weaknesses, enhanced financial reporting, and strengthened internal controls and governance frameworks.
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