News Summary

Sheldon McCormick, a seasoned leader in the Canadian tech ecosystem, has been appointed as the new CEO of Communitech, effective April 14. McCormick, who previously co-founded the proptech startup Properly and played a pivotal role in scaling Uber across Canada, is set to lead Communitech’s next chapter. Based in Waterloo, McCormick is committed to fostering a founder-led movement and supporting the local tech community. His approach emphasizes the importance of connection, collaboration, and innovation, particularly in adapting to industry shifts like those driven by AI. McCormick aims to leverage his extensive experience to support startup founders and facilitate the growth of Waterloo’s tech ecosystem.