Skkynet adds M&A executive Shaunna Balady to advisory board

Skkynet Cloud Systems Inc. (OTCQB: SKKY) announced the appointment of Shaunna Balady to its advisory board. Balady serves as managing partner at Paragon Software Advisors and brings more than 20 years of executive leadership experience in mergers and acquisitions and strategic planning within software and industrial automation sectors.

The company said Balady joins at a time when Skkynet is expanding into Industry 4.0 and Industrial AI markets. Her background includes senior leadership roles at GE, Rockwell Automation, and AVEVA, where she focused on global business development and strategic transactions.

"Shaunna's track record of generating value through strategic M&A and her deep understanding of the SaaS and industrial software landscape will be invaluable as we scale our operations," said Gary Tillery, CEO of Skkynet.

According to the announcement, Balady has completed more than 100 transactions totaling over $20 billion in enterprise value across five continents. She previously served as chief operating officer of an industrial application software company, leading it to what the company described as a profitable exit.

"Skkynet is uniquely positioned to solve one of the most critical challenges in the industrial sector: securely connecting real-time data to the cloud and AI systems," Balady said.

The appointment follows recent leadership changes at Skkynet, including the appointment of Gary Tillery as CEO and Lee Tedstone to the board of directors. Skkynet provides industrial software for secure, real-time data connectivity and edge processing for industrial systems.

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