PARSIPPANY, New Jersey, May 24, 2023 (GLOBE NEWSWIRE) — Global Technologies, Ltd. (OTC Pink: GTLL), a holding corporation, which, through its subsidiaries, has operations engaged in e-commerce and as a portal for entrepreneurs to provide access to live shopping, announces the appointment of Fredrick Cutcher as Chief Executive Officer and Chairman of the Board of Directors, effective as of May 17, 2023.
As a seasoned executive, Mr. Cutcher has consistently demonstrated exceptional leadership skills and a keen strategic mindset throughout his career. He possesses a deep understanding of the intricate dynamics of the financial industry, coupled with a remarkable ability to identify emerging opportunities and drive change.
With his appointment as CEO of Global Technologies, Mr. Cutcher will spearhead the Company’s strategic initiatives, focusing on expanding its footprint including exploring opportunities in the real estate and insurance sectors.
“I am honored to join Global Technologies as its CEO and excited to embark on this journey,” said Mr. Cutcher. “Our aim is to redefine the boundaries of innovation by leveraging our strengths and capitalizing on opportunities. I look forward to keeping the market updated as we identify and communicate our long-term vision.”
Effective upon the appointment of Mr. Cutcher as an officer and director of the Company, Jimmy Wayne Anderson resigned in his role as an officer and director.
About Global Technologies, Ltd.:
Global Technologies, Ltd, based in Parsippany, NJ, is a holding corporation, which, through its subsidiaries, has operations engaged in e-commerce and as a portal for entrepreneurs to provide access to live shopping. For further information, please visit the Company’s website at www.globaltechnologiesltd.info.