Verecloud, Inc. (OTCBB: VCLD) Shares Climbs 40% On Appointment of Jeff Hutcheon


Verecloud, Inc. (OTCBB: VCLD) today announced that the Company has appointed marketing veteran Jeff Hutcheon as Executive Vice President of Sales and Marketing to lead Verecloud to a new level of success.

After building the podium for the telecommunications industry, Verecloud is focused in providing an online cloud marketplace targeted directly to small and medium businesses. Jeff brings with him more than 22 years of experience in sales and marketing leadership focusing on small and medium businesses (SMBs) to the Company.

Beginning his career in professional sports industry with renowned company names like Learfield Communications, Home Sports Entertainment, Fox Sports Southwest and the Houston Rockets, Jeff managed and build sales teams that were responsible for $30+ million in annual sales. His business profile extended to to overseeing the research, product development and web strategy for Administaff (now Insperity), a Fortune 500 company.

According to John McCawley, chief executive officer for Verecloud, “Jeff brings a long track record of success in creating and managing seamless logistics for long-term and short-term sales and marketing efforts for many leading companies. We are already seeing the value in his contributions, both internally and externally.”

Shares of VCLD surged 39.53% to $0.0600 with over 19.20K shares traded.

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