Experienced Public Company CFO with Large Scale Operations and Deployment Background
Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a leading provider of adaptive, modular, and scalable Edge Data Center (“EDC”) solutions, announced the appointment of Christopher “Chris” DeAlmeida as Chief Financial Officer (“CFO”), effective Monday, August 24, 2026. Mr. DeAlmeida succeeds retiring CFO Adrian Goldfarb. His appointment follows the Company’s previously disclosed executive transition plan and marks the conclusion of a comprehensive search and evaluation process.
As CFO, Mr. DeAlmeida will oversee capital allocation, financial planning, and investment strategy as Duos continues the rapid rollout of its Edge AI platform to meet strong customer demand. He brings more than 20 years of public company financial leadership to Duos, including prior CFO experience as well as additional expertise in financial planning and analysis, SEC compliance, capital markets, M&A, accounting, and investor relations.
Mr. DeAlmeida most recently served as fractional financial CFO for founder-led and private equity-backed companies, including a multi-brand consumer portfolio and private technology company where he served as CFO. Additionally, Mr. DeAlmeida previously served as CFO of Wrap Technologies, Inc. (Nasdaq: WRAP) from 2022 to 2024. Before that, he served as CFO of Encore where he successfully completed two acquisitions and developed advanced reporting and forecasting tools to grow the company from a start up to a scaled enterprise. He also spent 11 years with Orion Group Holdings, Inc., a leading specialty infrastructure construction company, where he served as CFO, Treasurer, and Executive Vice President. He is also a co-founder and former CFO of a private equity-backed infrastructure platform and has completed more than 15 buy-side acquisitions in his career.
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“Chris is an experienced public company operator with a direct background in building and deploying capital for construction and infrastructure projects, making him a great fit for our business today and where we’re headed in the future,” said Duos CEO Doug Recker. “As we continue to transform the Company into a scaled operator within the broader AI ecosystem, we believe a proven financial executive like Chris presents an ideal combination of industry experience and financial acumen to lead this next stage in our evolution. On behalf of the board of directors and the rest of our management team, I’d like to formally welcome Chris to Duos.”
Recker added, “I’d also like to thank Adrian for his many years of service to our Company. Over the past decade-plus timeframe, Adrian has overseen nearly every aspect of the business at various points in time, and he deserves a tremendous amount of appreciation from our leadership for shepherding Duos into this new era as well as ensuring a smooth transition as Chris takes the reins.”
“The Duos team has made tremendous progress in building an AI infrastructure business in an incredibly short amount of time. They have demonstrated a clear ability to identify attractive market opportunities and successfully compete in high-demand environments. I look forward to joining the team at such an exciting time,” said Chris DeAlmeida. “Looking ahead, I plan to leverage my public company finance experience and extensive background in infrastructure development to strengthen our financial strategy and position Duos to capitalize on the significant opportunities ahead. I am confident in the team, our strategy, and our ability to create long-term value for our shareholders as we continue building the foundation for Duos’ next phase of growth.”
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