In a decisive move to realign its business focus, Digerati Technologies, Inc. (OTC: DTGI) has announced the appointment of Robert DelVecchio as its new Chairman and Chief Executive Officer. The announcement, made on October 22, 2025, marks a significant leadership transition aimed at accelerating the company’s shift from traditional IT infrastructure toward a recurring revenue-driven business model. DelVecchio’s appointment is viewed as a critical step in Digerati’s broader effort to modernize operations, improve profitability, and pursue strategic acquisitions within the technology services sector.
With more than three decades of experience in capital markets and operational leadership, DelVecchio brings a robust background to the helm of Digerati. His leadership portfolio spans various industries, but his track record in scaling companies and executing acquisition strategies makes him particularly suited for Digerati’s evolving vision. His experience includes roles as a public company executive, strategic advisor, and capital markets consultant, giving him deep insight into the complex interplay between business operations and investor expectations.
In his first public statement as CEO, DelVecchio outlined a clear strategy focused on expanding Digerati’s recurring revenue streams. He emphasized leveraging WaivCloud, the company’s co-location data center business, which operates across both the east and west coasts of the United States. According to DelVecchio, WaivCloud’s geographical footprint and existing client base provide a strong foundation for developing stable, long-term revenue sources. He also signaled an aggressive pursuit of complementary acquisitions that would align with Digerati’s core competencies and enhance its service offerings.
DelVecchio’s arrival comes at a transformative moment for Digerati. Earlier in 2025, the company executed a strategic divestiture of most of its interest in Verve Cloud, Inc., which it previously operated as a managed services provider. That transaction, structured as a debt-for-equity exchange, was designed to streamline Digerati’s business model and eliminate legacy liabilities. With the sale complete, the company turned its attention squarely toward WaivCloud, positioning it as the cornerstone of its future operations.
The company’s pivot is part of a broader trend in the tech industry, where many firms are moving away from hardware sales and one-off projects in favor of subscription-based models that offer greater financial predictability. Investors increasingly reward companies with recurring revenue because it tends to provide more consistent cash flow and supports higher valuations. Digerati appears to be embracing this model in full, hoping to not only stabilize its earnings but also create shareholder value through disciplined growth.
Robert DelVecchio is no stranger to complex business transformations. Notably, he previously served as the CEO of Assured Pharmacy, Inc., where he guided the company through a growth phase that saw annual revenues reach approximately $20 million. He later managed its sale to a private equity firm, further solidifying his reputation as a leader capable of delivering value through both operational efficiency and M&A execution. DelVecchio’s career also includes extensive work in business development and investor relations, skills that will be essential as Digerati seeks to attract capital and execute its new strategy.
Industry analysts have generally reacted positively to the appointment, noting that the decision to bring in a leader with both strategic and financial acumen demonstrates Digerati’s seriousness about its future direction. However, the company still faces challenges. Transitioning from a traditional infrastructure model to a recurring-revenue-based platform requires not only operational restructuring but also cultural and technological shifts. There is also the inherent risk involved in acquiring new businesses, which must be carefully selected and successfully integrated to avoid eroding shareholder value.
Another potential hurdle lies in the competitive landscape. The colocation and cloud services markets are saturated with both legacy players and new entrants offering innovative solutions. For Digerati to thrive, it must differentiate its offerings, maintain high service reliability, and continue to innovate. Furthermore, as an over-the-counter (OTC) listed company, Digerati must maintain strong transparency and governance practices to reassure investors and regulatory bodies as it embarks on this new phase.
Still, the tone from within the company is one of confidence and forward momentum. With DelVecchio now leading both the board and the executive team, Digerati has signaled its intent to drive substantial transformation rather than incremental change. The focus on building a high-margin, service-oriented business is expected to not only stabilize financial performance but also open new market opportunities.
Over the next 12 to 24 months, stakeholders will be closely watching how Digerati executes its strategy under DelVecchio’s leadership. The success of its efforts to expand WaivCloud, grow recurring revenue, and integrate new acquisitions will ultimately determine whether this leadership change becomes a pivotal moment in the company’s history or a missed opportunity. For now, the appointment has brought renewed energy to Digerati’s vision and a clear signal that the company is positioning itself for long-term growth and sustainability.
