financetom
Business
financetom
/
Business
/
WELL Health Rebrands Cybersecurity Division as 'CYBERWELL', Appoints Jeffrey Engle as Unit's CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
WELL Health Rebrands Cybersecurity Division as 'CYBERWELL', Appoints Jeffrey Engle as Unit's CEO
May 26, 2025 1:56 AM

08:26 AM EDT, 05/06/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Tuesday said it rebranded its cybersecurity division as CYBERWELL and has appointed Jeffrey Engle as the division's chief executive officer.

The rebranding included the consolidation of several WELL cybersecurity firms, Source44, SeekIntoo, Cycura, and Proack Security, into a single, unified platform.

A statement noted that Jeffrey Engle has built and led multiple "successful" ventures in the cybersecurity space, and most recently lead a company through a nine-figure exit.

"Jeff is a veteran of the United States Army Special Operations Command, a former senior vice commander and Military Order of the Purple Heart," said WELL Health's ( WHTCF ) Chief Executive and Founder Hamed Shahbazi. "He has also recently operated, scaled and successfully exited a very valuable cybersecurity business. He is a rare breed of leader and inspires tremendous teamwork and confidence."

"WELL intends for CYBERWELL to serve as a growth engine within its portfolio, with an active pipeline of merger and acquisition opportunities both in Canada and internationally," added the CEO. "As with other successful WELL subsidiaries, CYBERWELL may be considered for a future spinout, providing an additional potential avenue for shareholder value creation."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
France's Tikehau considers moving listing to the US
France's Tikehau considers moving listing to the US
Nov 21, 2024
Nov 21 (Reuters) - French asset manager Tikehau Capital is considering moving its listing to New York from Paris as it seeks to attract more capital in the United States, a spokesperson said on Thursday, confirming a Financial Times report. Management is spending time weighing up whether to go for a primary listing in the U.S. or to add a...
US watchdog issues final rule to supervise Big Tech payments, digital wallets
US watchdog issues final rule to supervise Big Tech payments, digital wallets
Nov 21, 2024
(Reuters) - Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said. The new rule finalized on Thursday will bring a burgeoning consumer service under the same scrutiny faced by banks while helping protect the...
Nissan says about 1,000 US staff accept early retirement
Nissan says about 1,000 US staff accept early retirement
Nov 21, 2024
TOKYO, Nov 21 (Reuters) - About 6% of Nissan Motor ( NSANF ) staff in the United States have accepted early retirement packages, a company spokesperson said on Thursday, as part of the struggling Japanese carmaker's plan to cut 9,000 jobs worldwide. Nissan ( NSANF ) had about 17,000 employees in the U.S. as of March, according to a security...
Alibaba to integrate e-commerce platforms into one business group
Alibaba to integrate e-commerce platforms into one business group
Nov 21, 2024
SHANGHAI, Nov 21 (Reuters) - Alibaba Group ( BABA ) will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday. This marks the first time the group's domestic Chinese e-commerce group and its international e-commerce platforms will be integrated. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved