Multapplied Networks Announces New Chief Financial Officer

Seasoned Financial Executive ​Sam Cobden​ Joins Multapplied Networks

North Vancouver, BC, October 19, 2018 — Multapplied Networks Inc., (Multapplied) today announced the appointment of Sam Cobden as Chief Financial Officer (CFO) and the transition of Johan Arnet, company founder, to the role of Chief Executive Officer (CEO).

Sam brings to Multapplied more than 15 years of finance and management experience. He most recently served as Director, Road Assist at British Columbia Automobile Association (BCAA), where he was responsible for the organization’s $35M roadside assistance division. Prior to BCAA, Sam held roles as Senior Manager, Planning & Analysis at HSBC Bank Canada. He has also filled Finance and Accounting roles at KPMG U.K., Royal Bank of Scotland and ADT Fire and Security.

“Sam’s finance, accounting and operational background are an ideal fit to help Multapplied scale and execute on our financial growth plans,” said Johan Arnet, CEO. “His experience in international markets and his disciplined, strategic approach to the CFO role combined with his experience managing teams is very valuable.”

As CFO, Sam will report directly to Johan Arnet and will be responsible for Multapplied’s finance, accounting, financial planning and analysis, audit and operational R&D and Customer Service teams.

These appointments finalize the corporate structure needed to execute on Multapplied’s multi-year growth plan. “Since incorporating the company in 2013, we’ve been building a solid, global foundation of channel partners,” says Johan Arnet, CEO. “Product, people, process and vision are all critical to our growth. With these changes in place, we can focus on executing our plan and providing our partners with the SD-WAN capabilities and white-label business model that drives their business growth and profitability. Having our partners succeed makes Multapplied successful.”