#United States #Cloud Computing #Beaverton #CTL Corporation #Nick Cannon

CTL Corporation Expands Leadership Team

CTL Corporation, a renowned global leader in cloud computing solutions for both educational and business sectors, has announced a significant addition to its leadership team. Effective immediately, Nick Cannon has been appointed as the Director of Corporate Development. This pivotal role is expected to streamline CTL's efforts in mergers, acquisitions, partnerships, and other critical business development activities.

Welcoming Nick Cannon

Jason Mendenhall, the CEO of CTL, expressed enthusiasm regarding Cannon's appointment, emphasizing the value his extensive expertise in mergers and financial management will bring during this time of growth and transformation. "We are pleased to welcome Nick Cannon to our leadership team," said Mendenhall. "His background uniquely positions him to navigate the evolving landscape of our industry and drive our strategic initiatives forward."

Cannon shared his optimism about joining CTL, highlighting the company’s impressive growth trajectory over the past year. "CTL has demonstrated impressive growth this past year, built on a strong foundation," he stated. "I'm excited to contribute my expertise and work alongside Jason and the exceptional CTL leadership team to accelerate our trajectory."

Cannon's Background

Before this new role at CTL, Cannon served as a Senior Associate at Columbia River Partners (CRP), a private equity firm that has invested in CTL. His time at CRP proved noteworthy; he was instrumental in executing six successful buy-side investments within just two years, focusing primarily on complex carve-outs of Fortune 500 companies. Prior to his tenure at CRP, Cannon was involved in Corporate Development at Convoy, Inc., where he was responsible for shaping the corporate development strategy, securing funding, and managing investor relations. During his time there, he significantly contributed to a period of substantial growth that saw revenue surge to nearly $1 billion.

Starting his professional journey as an analyst at Bank of America, Cannon has since showcased a relentless commitment to fostering growth and development in various sectors. His academic background includes a degree from the University of South Carolina, where he honed his skills in business and finance.

About CTL Corporation

Founded over 35 years ago, CTL Corporation has established itself as a leading manufacturer of computing solutions. The company empowers educational institutions and enterprises with innovative technology products and top-tier services. CTL is renowned for its offerings, which encompass Chromebooks, Chromeboxes, laptop and desktop PCs, monitors, high-end servers, and video collaboration tools. With a presence in more than 55 countries, CTL continues to earn accolades for its contributions, reflecting its commitment to delivering bespoke solutions with exceptional agility.

Recognized as a Google Education Premier Partner and a Google Cloud Partner, CTL has also achieved the status of Intel Technology Platinum Partner. In 2024, the company was awarded B Corp™ certification, in recognition of its unwavering commitment to sustainability and social responsibility. For more information about CTL, please visit ctl.net.