Spok Announces Executive Promotions, Further Strengthening Management Team

Michael Wallace promoted to President of Spok, Inc., and Calvin Rice promoted to Chief Financial Officer.

Spok Holdings, Inc. a leader in critical communications,announced the promotions of Michael W. Wallace to president of Spok, Inc., Spok’s wholly owned operating subsidiary, and Calvin C. Rice to chief financial officer (CFO) of Spok, effective immediately.

Michael W. Wallace, president and chief operating officer

Wallace will retain his role as chief operating officer (COO) of Spok, which he has held since January 2020. He will continue to be responsible for operations, professional services, marketing, and maintenance/customer support. Wallace will continue to report directly to Vincent Kelly, chief executive officer of Spok. Wallace is a seasoned executive with over 25 years of financial and operational experience in the healthcare IT/services and contact center software businesses. Wallace has served as chief financial officer of Spok since March 2017 and was responsible for Spok’s financial operations. Wallace is a graduate of the University of Notre Dame and is a certified public accountant.

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“Mike has been an instrumental part of our organization since joining in 2017, and it has become clear, given his extensive knowledge of the entirety of our operations, that he is the right person for the role of president of Spok, Inc.,” said Kelly. “Given Mike’s understanding of our business as both our CFO and COO, he is uniquely positioned to be a major contributor in shaping and directing our business strategy as we look to maximize revenue and cash generation from our established lines of business.”

Calvin C. Rice, chief financial officer

In his new role, Rice will report directly to Vincent Kelly and will take over the financial operations responsibilities previously held by Wallace. During his eight-year career at Spok, Rice has had the responsibility for technical accounting policy, SEC reporting, revenue accounting, and most recently as chief accounting officer and controller. Prior to Spok, Rice worked at the accounting firm of SC&H Group. Rice is a graduate of Towson University and is a certified public accountant.

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“Calvin is an extremely talented financial executive with deep knowledge of our operations and has made numerous contributions since joining Spok,” said Kelly. “Calvin will play an integral role in the coming years as we continue to execute on our recently announced business strategy and aim to improve the Company’s profitability.”

Mr. Kelly will continue in his role as president and CEO of Spok as well as CEO of Spok, Inc.

Spok, Inc., a wholly owned subsidiary of Spok Holdings, Inc.  headquartered in Alexandria, Virginia, is proud to be a global leader in healthcare communications. We deliver clinical information to care teams when and where it matters most to improve patient outcomes. Top hospitals rely on the Spok Care Connect platform to enhance workflows for clinicians and support administrative compliance. Our customers send over 100 million messages each month through their Spok solutions. When seconds count and patients’ lives are at stake, Spok enables smarter, faster clinical communication.

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