Corinex Appoints George Reznik as COO to Drive Global Expansion

Corinex's Strategic Move to Accelerate Global Growth

Corinex Communications, recognized as a global leader in Broadband-over-Power-Line (BPL) technology, is poised for significant growth with the appointment of George Reznik as its new Chief Operating Officer (COO). This strategic decision comes at a crucial time when demand for modern energy networks is rapidly increasing, and Corinex aims to enhance its market strategy under Reznik’s leadership.

George Reznik brings over 30 years of extensive experience in operations, technology, finance, and corporate strategy to Corinex. His background includes notable leadership roles at various public and high-growth technology firms, such as Light AI, Tantalus Systems, Intrinsyc Technologies, and Infowave Software. Reznik's capabilities in these areas have been proven through his track record of driving revenue growth, improving market share, and successfully managing multi-billion dollar projects.

In his previous positions, Reznik not only contributed to corporate expansions but also played integral roles in pivotal transformations within organizations. For instance, he was instrumental as Vice President of Finance at Pivotal, where he helped grow the company’s revenue from $10 million to $140 million within three years. He has also held advisory roles with Deloitte, guiding organizations through critical changes, enhancing their operational frameworks, and optimizing their financial portfolios.

“I am excited to join Corinex at such a transformative time for the energy sector,” said Reznik. “Our mission is to accelerate decarbonization through smart and connected energy infrastructure, which I believe will create significant sustainability impacts globally. Managing the optimization of network capacity will be crucial as we transition towards comprehensive electrification.”

In the wake of this appointment, Corinex is enhancing its efforts to modernize power grids by utilizing existing electrical infrastructures to create high-capacity, secure communication networks. This approach not only facilitates a faster, cost-efficient modernization of energy services but also supports the integration of clean technologies on a larger scale without the need for extensive new construction.

Peter Sobotka, CEO of Corinex, stated, “We are proud to welcome George at this decisive moment for the energy industry. His vision, expertise, and passion for innovation are exactly what we need as we embark on the next chapter of growth.” Sobotka emphasizes that Reznik’s addition to the executive team will be instrumental in advancing Corinex’s strategic objectives and accelerating their global expansion.

As the global demand for low-carbon technologies expands with advancements such as electric vehicles and renewable energy sources, Corinex aims to position itself at the forefront of this industry shift. The BPL solutions provided by Corinex are set to transform existing power grids into smart communication networks, offering utilities an innovative alternative to upgrade their systems more efficiently and sustainably.

With Reznik’s appointment, Corinex not only enhances its operational robustness but also fortifies its commitment to leading the way in energy transition, promising a future where energy management is smarter, more resilient, and environmentally friendly.

In summary, the appointment of George Reznik as COO signifies a strategic enhancement as Corinex navigates the complexities of global energy demands, leveraging Reznik’s rich experience to spearhead initiatives that promise to shape the future of the energy sector.