MicroStrategy Incorporated Appoints Phong Le as Chief Operating Officer
June 28, 2018 at 04:09 pm EDT
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On June 22, 2018, the Board of Directors of MicroStrategy Incorporated appointed Phong Le to serve as the Company's Chief Operating Officer. In this new role, Mr. Le will be responsible for coordinating cross-department operations and overseeing critical business activities, including sales and services proposals, with an emphasis on the execution of the Company's strategic corporate programs. In addition to his new responsibilities as the Company's Chief Operating Officer, Mr. Le will continue to serve as the Company's Senior Executive Vice President & Chief Financial Officer. Mr. Le will continue to report to Michael Saylor, the Company's Chairman, President & Chief Executive Officer. Mr. Le has served as the Company's Senior Executive Vice President & Chief Financial Officer since August 2015. Prior to joining the Company, Mr. Le served as the chief financial officer of XO Communications.
MicroStrategy Incorporated is a bitcoin development company. It is engaged in the development of the bitcoin network through its activities in the financial markets, advocacy and technology. It designs, develops, markets and sales its software platform through licensing arrangements and cloud subscriptions and related services. It provides artificial intelligence-powered business intelligence, and enterprise analytics solutions. It offers software and services designed to turn complex, chaotic data environments into rich, reliable, and convenient information feeds for its customers. Its cloud-native flagship, MicroStrategy ONE, powers some of the analytics deployments in the world for customers spanning a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy ONE provides non-technical users with the ability to directly access novel and actionable insights for decision-making.