Veea Inc. announces executive appointments to enhance leadership and drive growth in AI-native edge infrastructure and cybersecurity.
Quiver AI Summary
Veea Inc., a leader in edge-native hyperconverged networking and AI-powered cybersecurity, announced new executive leadership changes aimed at enhancing revenue growth and operational efficiency. Greg Deisher has been promoted to Executive Vice President and Chief Operating Officer; Mark Tubinis has been elevated to Executive Vice President from his role as Chief Commercial Officer; and Thomas Latiolais is appointed Chief Marketing Officer. These appointments are expected to strengthen Veea's capabilities in operations, commercial execution, and marketing as the company expands its AI-native infrastructure platform into new markets. Veea's CEO, Allen Salmasi, emphasized the importance of these leaders' diverse experience and their potential to drive growth and strategic partnerships as Veea aims to capitalize on global demand for secure AI-driven edge solutions.
Potential Positives
- Veea has appointed experienced leaders to key executive positions, enhancing its operational capabilities and strategic direction, which may accelerate revenue growth.
- The leadership appointments signify Veea's commitment to scaling its AI-native infrastructure platform and expanding into new enterprise and industrial markets.
- Each newly appointed executive brings extensive industry experience, which could enhance Veea's competitive positioning and market development efforts in edge infrastructure.
- These strategic changes reflect Veea's investment in its commercialization strategy and aim to meet the increasing global demand for AI-powered cybersecure solutions.
Potential Negatives
- The press release emphasizes the need for changes in executive leadership, which can signal potential instability or previous performance issues within the company's management.
- The mention of "forward-looking statements" includes numerous risks and uncertainties, indicating that the company's future performance is not guaranteed and may be affected by market volatility and competitive pressures.
- The extensive list of potential risks and uncertainties may raise concerns among investors regarding the company's ability to execute its business plans successfully.
FAQ
What recent executive changes occurred at Veea Inc.?
Veea announced the promotions of Greg Deisher to COO, Mark Tubinis to Executive VP, and the appointment of Thomas Latiolais as CMO.
How do these appointments impact Veea's growth strategy?
The new leadership aims to accelerate revenue growth and strengthen operations as Veea expands its AI-native infrastructure platform in various markets.
What experience does Greg Deisher bring to his new role?
Greg Deisher has over 20 years of leadership experience in finance and operations, including roles at Wallarm and Vapor IO.
Who is responsible for Veea's global marketing strategy?
Thomas Latiolais, Veea's new Chief Marketing Officer, will lead the global marketing strategy and product marketing initiatives.
What is Veea’s primary focus moving forward?
Veea aims to enhance its AI-native edge infrastructure and expand into new enterprise and industrial markets to meet growing demand.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VEEA Revenue
$VEEA had revenues of $-10.1K in Q4 2025. This is a decrease of -130.08% from the same period in the prior year.
You can track VEEA financials on Quiver Quantitative's VEEA stock page.
You can access data on VEEA stock through the Quiver Quantitative API.
$VEEA Hedge Fund Activity
We have seen 6 institutional investors add shares of $VEEA stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP added 160,081 shares (+inf%) to their portfolio in Q1 2026, for an estimated $85,195
- GEODE CAPITAL MANAGEMENT, LLC added 118,154 shares (+57.0%) to their portfolio in Q1 2026, for an estimated $62,881
- JANE STREET GROUP, LLC removed 51,186 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $27,241
- CITADEL ADVISORS LLC added 49,566 shares (+inf%) to their portfolio in Q1 2026, for an estimated $26,379
- XTX TOPCO LTD removed 35,181 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $18,723
- VIRTU FINANCIAL LLC removed 33,719 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $17,945
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 27,610 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,694
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- Veea Inc. (“Veea”) (NASDAQ: VEEA), a first-to-market leader in edge-native hyperconverged networking and AI-powered cybersecurity, enabling distributed “micro AI factories,” today announced a series of executive leadership appointments designed to accelerate revenue growth opportunities and strengthen operational execution as the company scales its AI-native infrastructure platform and expands into new enterprise and industrial markets.
Greg Deisher has been promoted to Executive Vice President and Chief Operating Officer. Mark Tubinis, Veea’s Chief Commercial Officer, has been promoted to Executive Vice President and Thomas Latiolais has been appointed Chief Marketing Officer.
Together, these appointments expand Veea’s leadership across operations, commercial execution, market developments, and go-to-market execution as the company scales its secure, intelligent edge infrastructure platform for enterprise, operator, industrial, and AI-enabled use cases across new customers, new markets and new countries.
Deisher brings more than 20 years of senior financial and operational leadership experience to the COO role, including international postings across Russia, China, and Southeast Asia. Prior to joining Veea, he served as CFO of Wallarm Inc., a cybersecurity company specializing in API security, as CFO of Vapor IO, an ultra-low-latency edge datacenter company, and held a senior finance leadership position at Rackspace. He began his career at PwC, serving international clients across telecom, oil and gas, and consumer goods. Mr. Deisher is a Certified Public Accountant.
Tubinis, who has served as Veea's Chief Commercial Officer since 2020, is a seasoned technology executive with extensive experience building and managing global product and services organizations. His background spans virtualized and cloud-based fixed and mobile service delivery — including voice, video, data, and IoT — as well as engineering management, product management, business development, and strategic planning. Before joining Veea, he held senior leadership roles at SeaChange International, served as SVP of Engineering at SAVANT, and was VP of packet core and IMS at Alcatel-Lucent. He holds an MSEE in Computer Engineering and Communications from MIT and a BSEE from Boston University.
Latiolais brings more than two decades of experience spanning software development, product strategy, user experience, technical marketing, edge computing, and AI. Prior to joining Veea, he held engineering, product, and strategy roles at Vapor IO, an early leader in edge infrastructure. Over the past 18 months at Veea, he has helped shape the company's product planning, market positioning, edge AI strategy, solution architecture, and market engagements, while accelerating the integration of AI-enabled capabilities across Veea's product and solution portfolio. As CMO, he will lead Veea's global marketing strategy, product marketing, corporate positioning, and market development initiatives to drive adoption of Veea's AI-native infrastructure platform.
“As Veea’s commercial deployments increase, driving our revenue growth, we are strengthening the executive leadership needed to scale our platform, deepen strategic partnerships, and accelerate adoption of our AI-powered cybersecure hyperconverged platform solutions globally. Greg, Mark, and Thomas each bring complementary strengths across operations, commercial execution, product strategy, and market development,” stated Allen Salmasi, CEO of Veea Inc. “Greg Deisher’s broad industry background will be a major asset as we scale and monetize our groundbreaking solutions across the many industry sectors and sales channels in which he has previously served. Mark Tubinis, who has competently served as our Chief Commercial Officer over the past six years, will be assuming responsibilities for a broader portfolio of products. Thomas Latiolais’ rare combination of technical fluency and deep market insight has already helped shape how we position and market Veea’s AI-native edge platform.”
These appointments reflect Veea’s continued investment in leadership, execution, and market development as the company advances its commercialization strategy, deepens strategic partnerships, and pursues the growing global demand for secure, intelligent, AI-native edge infrastructure.
About Veea Inc.
Veea Inc. (NASDAQ: VEEA) is a global leader in AI-driven edge infrastructure. Founded in 2014 and headquartered in New York City, Veea enables enterprises, service providers, and public sector organizations to deploy AI-powered applications and services at the edge. Built on Veea-developed and third-party devices, the VeeaONE platform integrates connectivity, computing, cybersecurity, and storage into a unified, hyperconverged network solution, delivered through a full software stack spanning edge to cloud — bringing AI to deployments that range from SMBs to enterprise campuses, smart industries, and remote communities. With more than 123 patents across related technology domains, Veea has been recognized by Gartner for its innovations in edge computing.
Media Contacts:
Veea Inc. Media Relations
Email:
[email protected]
Forward-Looking Statements
Certain statements in this press release constitute “forward-looking statements.” Such forward-looking statements are often identified by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “forecasted,” “projected,” “potential,” “seem,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, among other things, statements relating to the intended use of proceeds from our future offerings. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Veea to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Veea; risks related to the price of Veea’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Veea plans to operate, variations in performance across competitors, changes in laws and regulations affecting Veea’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.
All statements other than statements of historical facts included in this press release regarding the Company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company's business strategies, and the risk and uncertainties described in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Veea’s annual report on Form 10-K for the year ended December 31, 2024, quarterly reports on Form 10-Q, registration statements on Form S-1, and any other filings which Veea makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.
Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Veea. Veea expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Veea with respect thereto or any change in events, conditions or circumstances on which any statement is based.