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Loop Insights taps advisor Jeffrey Hyman to its board

Hyman has more than two decades of experience in investment banking and financial advisory

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At Guggenheim Partners, Hyman worked as the global co-head of municipal, project and infrastructure finance

Loop Insights Inc (CVE:MTRX) has added capital markets expert Jeffrey Hyman to its board of directors, the company announced Wednesday. 

Hyman, who previously served on the company’s board of advisors, has more than two decades of experience in investment banking and financial advisory. He worked as managing director at bulge bracket firms and served on the technology committee at JP Morgan Chase.

"I have always been drawn to the next big thing, whether it is through investment or project development,” Hyman said in a statement. “Since my appointment to the board of advisors in April, Loop has not only stayed relevant, it has caught fire — as demonstrated by recent high-profile announcements. It's clear that there is a place for Loop's solution in many lucrative industries; I plan on lending my expertise and leveraging my connections to accelerate the company's expansion into the global market."

READ: Loop Insights ropes in Maple Leaf Strategies to get Canadian governments on board with its contact tracing solution

At Guggenheim Partners, Hyman worked as the global co-head of municipal, project and infrastructure finance. He has experience leading large-scale development and redevelopment projects in the US and has run projects in the hospitality and entertainment, casino and gaming, destination and resort, and public infrastructure industries.

"Jeffrey's capital markets knowledge comes at a pivotal time, as we begin to gain significant attention from investors on both sides of the border, as well as, national and international organizations that are rapidly interested in deploying our technology,” Loop CEO Rob Anson said in a statement.

“We're lucky to have Jeffrey on our board of directors to support our growth in capital markets, as well as, expand our business into the industries of hospitality and resort, sports and entertainment, and casino gaming," he added.

Loop Insights, based in Vancouver, provides transformative artificial intelligence solutions to level the playing field between brick-and-mortar retailers and their online competition. Loop's technology aggregates online and on-premise data to enable real-time, data-driven marketing decisions.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

Quick facts: Loop Insights Inc.

Price: 0.77 CAD

TSX-V:MTRX
Market: TSX-V
Market Cap: $74.74 m
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