Metaguest.AI Announces Leadership Transition

Rhea-AI Summary

Metaguest.AI (OTCQB: MGSTF) announced a leadership transition on March 9, 2026. Founder Antonio Comparelli stepped down as CEO but will remain an active board member and continue contributing to strategy and technology development.

The company has engaged William Sutherland to support a three-month transition in an advisory capacity to assist operations, capital markets activities, commercialization, and completion of necessary financing.

Positive

• Founder Antonio Comparelli remains on the board preserving technology continuity
• Engaged William Sutherland for a defined three-month strategic advisory transition
• Board and senior management to maintain day-to-day operations during transition

Negative

• CEO departure may create near-term leadership uncertainty for investors
• Company explicitly needs to complete necessary financing to move forward
• Advisor role is temporary (three months), leaving medium-term leadership questions

Toronto, Ontario--(Newsfile Corp. - March 9, 2026) - Metaguest.AI Incorporated (CSE: METG) (OTCQB: MGSTF) ("Metaguest" or the "Company), an AI technology company transforming the hospitality sector through intelligent guest engagement, today announced a leadership update as the Company continues to advance the growth and commercialization of its artificial intelligence platform for the hospitality industry.

Antonio Comparelli, Founder of Metaguest and the technology visionary behind the Company's platform and long-term strategy, has stepped down from his role as Chief Executive Officer. Mr. Comparelli will remain an active member of the Company's Board of Directors and will continue to contribute to the Company's strategic direction and technology development initiatives.

Mr. Comparelli has played the central role in conceiving, architecting, and developing the Company's artificial intelligence platform and its vision of transforming how hotels engage with guests through advanced automation and intelligent guest services. The Company looks forward to continuing to benefit from his innovation, leadership, and deep understanding of the platform as Metaguest advances its next phase of growth.

The Company has engaged William Sutherland to work with the Board of Directors and management during a three (3) month leadership transition period. Mr. Sutherland will commence work immediately and will initially support the Company in a strategic and advisory capacity, assisting with operations, capital markets activities, and the continued commercialization of the Company's technology platform.

Mr. Sutherland brings more than 25 years of experience in corporate development, capital markets, and strategic growth initiatives across multiple industries. He has held senior roles within private investment firms and family offices, including Kilmer Group and Kensington Capital Partners, where he focused on sourcing, structuring, and executing strategic investments. Most recently, he has served as a senior advisor to multiple private businesses in the areas of technology and diversified industries.

During this transition period, the Company's Board of Directors and senior management will oversee the Company's day-to-day operations while working with Mr. Sutherland to advance Metaguest's strategic initiatives and focus on completing the necessary financing required to move the Company forward.

About Metaguest.AI Incorporated

Metaguest.AI is a next-generation technology company focused on enhancing the guest experience through advanced AI solutions. Its flagship platform provides an end-to-end guest engagement ecosystem, covering everything from pre-arrival to post-departure. Features include on-property e-commerce with digital payments, real-time service requests, mobile check-out, personalized in-room controls, local experience and event bookings, and a multilingual virtual concierge-all accessible without downloading an app or visiting a website. Hotels, resorts, and short-term rental operators use Metaguest to boost efficiency, drive incremental revenue, and elevate customer satisfaction.

For more information about Metaguest and its innovative digital concierge services, please visit http://www.metaguest.ai or please contact:

Colin Keddy, Director
Email: colin@metaguest.ai
Tel: 613-907-9159

Robert Lelovic, Chief Financial Officer
Email: robert@metaguest.ai
Tel: 416-302-0779

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287789

FAQ

What happened to Metaguest CEO Antonio Comparelli (MGSTF) on March 9, 2026?

Antonio Comparelli stepped down as CEO but remains an active board member contributing to strategy and technology. According to the company, he conceived and developed the AI platform and will continue supporting product and strategic initiatives during the transition.

Who is William Sutherland and what is his role at Metaguest (MGSTF)?

William Sutherland joined to advise Metaguest during a three-month leadership transition focused on operations and capital markets. According to the company, he brings more than 25 years of corporate development experience and will assist commercialization and financing efforts immediately.

How will Metaguest (MGSTF) manage daily operations during the CEO transition?

The Board of Directors and senior management will oversee day-to-day operations while working with the new advisor. According to the company, this arrangement is intended to maintain continuity as strategic initiatives and financing are advanced.

What does the leadership transition mean for Metaguest (MGSTF) shareholders?

The transition aims to support commercialization and financing but may create near-term uncertainty for shareholders. According to the company, founder continuity on the board and an experienced advisor are intended to stabilize strategy during financing activities.