July 2, 2018

Intellectsoft Board Names Michael Minkevich The New CEO

Michael Minkevich New CEO Intellectsoft

PALO ALTO, CA, JUN 18, 2018 — Intellectsoft announces the appointment of Michael Minkevich as its new CEO to lead the company through the next phase of its transformation and growth.

Earlier this year, Michael joined Intellectsoft’s Board of Directors to take ownership of the client-facing corporate functions and to help the Board shape the new company strategy. His new appointment is a step towards accomplishing the company’s vision to become the next-generation technology solution provider of choice. Intellectsoft’s outgoing CEO and co-founder Alexander Skalabanov will continue serving as the company’s board member and will focus entirely on the company’s fast growing business related to distributed ledger technologies (DLT) as part of the recently launched Intellectsoft Blockchain Lab.

“I am honored that the Board has entrusted me with such a role and look forward to leading Intellectsoft towards achieving its ambitious goals,” said the newly appointed Intellectsoft’s CEO Michael Minkevich. “I really enjoyed the last several months I spent with the company — Intellectsoft has a great team, a clear vision, and our new message resonates very well with both our clients and our employees. There is a growing demand for high-end Digital Transformation technology consultancies like Intellectsoft at the enterprise market and I am confident of our mission’s success.”  

Michael Minkevich spent more than 15 years in the IT services industry in various technical and executive roles, including his most recent position as VP of Technology Services at Luxoft (NYSE:LXFT), a global software house that has more than 13,000 employees in 21 countries, in which he was responsible for the company’s product engineering portfolio and was instrumental in making Luxoft a recognized leader in the product development space. In addition to his duties at Intellectsoft, he serves as a board advisor to several technology startups related to digital health, IoT, machine learning, cloud IT infrastructure and AI. He holds a M.S. degree in Computer Engineering from Novosibirsk State Technical University and has also completed business studies in Stanford GSB and MIT Sloan School of Management.

About Intellectsoft

Intellectsoft, Inc. is a boutique IT solution provider with headquarters in Palo Alto, CA. The company’s mission is to help global organizations overcome technology challenges of Digital Transformation with the focus on new and emerging technologies, such as Cognitive Computing, Decentralized Applications, Internet of Things, and Augmented Reality. The company’s service portfolio includes strategic IT consulting, CX design, development and full lifecycle management of custom products and applications, as well as system integration. Established in 2007, Intellectsoft operates in multiple offices and engineering centers in the US, the UK, the Nordic region, and Eastern Europe.