Yesterday after the closing bell, Consorteum Holdings, Inc. announced multiple organizational changes as the company continues to follow its restructuring strategy.

Mr. Craig Fielding, CEO of Consorteum Holdings Inc., will expand his responsibilities with operations and sales now reporting directly to him. According to the company, this change will ensure better internal communications, increasing accuracy and productivity on all levels of business.

As previously announced, Mr. Bill Smethurst C.A. has been appointed CFO of the company and will immediately assume those responsibilities. Mr. Peter Simpson has resigned as CFO of the company, however, he will continue to assist the company as a consultant with respect to its financial affairs.

Ms. Caitlin Snyder has been appointed to the role of Director of Operations, with responsibility for day-to-day operational reporting, filing and liaison with the CFO and CEO.

Mr. Reiner Vanooteghem has moved into the position of V.P. Sales and will now focus on both new revenue driving initiatives and delivery and management of current project deployments.

“This is the first of several changes over the coming months as we align and strengthen our team to support the strategic changes being made to the structure of the Company,” Mr. Fielding commented. “Consorteum is focused on delivery of all current initiatives and growing revenue through creation of credit/debit solutions and additional transaction-based initiatives in the areas of welfare deposit, payroll and loyalty programs.”

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