SurgePays Announces Changes To Its Board Of Directors
24 December 2022 - 9:23AM
SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a
technology and telecommunications company focused on the
underbanked and underserved, announced the election of Laurie
Weisberg and Richard Schurfeld to the company's Board of Directors.
Along with the above election, the company announces the
resignation of Jay Jones from the Company's Board of Directors.
Both changes are effective immediately.
"We are pleased to welcome Laurie and Rich to the SurgePays
Board of Directors at a critical time in the maturation of our
company," stated Brian Cox, SurgePays, Inc's Chief Executive
Officer. "In addition to their operational leadership experience in
their respective industries, Laurie and Rich are well-versed in key
legal and growth-related governance and policy issues expected to
influence important business dynamics in companies such as ours. We
are looking forward to their insightful and wise contributions to
our Board."
Ms. Laurie Weisberg joins SurgePays' Board with over 30 years of
experience in digital technology, data, and marketing services
senior management. Previously, she had been involved in several
companies across the technology industry, holding positions
including Chief Executive Officer, Chief Sales Officer, Chief
Revenue Officer, and board member. From July 2020 through September
2022, Ms. Weisberg was the Chief Executive Officer for Creatd,
Inc., a technology and creator services company. From February 2019
to Jul 2020, she was Chief Sales Officer for Intent, Inc., a
company involved in data and digital media advertising. From
January 2018 to February 2019, she was Chief Revenue Officer of
Thrive Inc., a technology company founded by Arianna Huffington
that focused on a new technology platform for health and wellness
in the workplace. Before that role, Ms. Weisberg spent six years at
Oracle from October 2010 to October 2017, leading commercial for
their new data business unit that acquired her previous company for
a 31X ROI for private investors. Ms. Weisberg is also the Chief
Commercial Officer of Whalar inc, a creator commerce company
helping creators, social platforms, and brands drive growth. As
part of Creatd, Ms. Weisberg served on the Board as director.
Rich Schurfeld joins SurgePays' Board, having founded Redsson
over 20 years ago and where he currently serves as CEO. Redsson has
been a sector leader in software-based telecom billing and
management while evolving into a Software as a Service (SaaS)
product, mainly providing solutions involving the intricacies of
public records information. Mr. Schurfeld is a creative-thinking
entrepreneur who successfully procures market solutions through the
take-charge initiative. Prior to founding Redsson, Mr. Schurfeld
worked at Dean Witter enabling him to earn securities licenses 7,
6, 65, 3 and gain valuable experience in the US securities
markets. Early in his career, Mr. Schurfeld spent time in the
USAF, first as a cadet at the US Air Force Academy and later active
duty. Post-military he was first a player, and then later served on
the coaching staff of the USA Rugby Men’s National Team including
two Rugby World Cups.
"On behalf of my fellow Board members and SurgePays' management
team, I would like to thank Jay for his dedicated service as a
board member. We look forward to engaging more closely as we scale
the company," continued Mr. Cox. "Jay will transition from an
independent director to an advisory role where he will be more
hands-on with senior management of the Company and better able to
utilize his telecom and carrier expertise in matters such as margin
architecture."
About SurgePays, Inc.
SurgePays, Inc. is a technology and telecommunications company
focused on the underbanked and underserved communities. SurgePhone
Wireless provides mobile broadband to low-income consumers
nationwide. SurgePays blockchain fintech platform utilizes a suite
of financial and prepaid products to convert corner stores and
bodegas into tech hubs for underbanked neighborhoods. Please visit
SurgePays.com for more information.
Cautionary Note Regarding Forward-Looking
Statements
This press release includes express or implied
statements that are not historical facts and are considered
forward-looking within the meaning of Section 27A of the Securities
Act and Section 21E of the Securities Exchange Act. Forward-looking
statements involve substantial risks and uncertainties.
Forward-looking statements generally relate to future events or our
future financial or operating performance and may contain
projections of our future results of operations or of our financial
information or state other forward-looking information. In some
cases, you can identify forward-looking statements by the following
words: “may,” “will,” “could,” “would,” “should,” “expect,”
“intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,”
“project,” “potential,” “continue,” “ongoing,” or the negative of
these terms or other comparable terminology, although not all
forward-looking statements contain these words.
Although we believe that the expectations reflected in these
forward-looking statements are reasonable, these statements relate
to future events or our future operational or financial performance
and involve known and unknown risks, uncertainties and other
factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by these
forward-looking statements. Furthermore, actual results may differ
materially from those described in the forward-looking statements
and will be affected by a variety of risks and factors that are
beyond our control, including, without limitation, statements about
our future financial performance, including our revenue, cash
flows, costs of revenue and operating expenses; our anticipated
growth; our predictions about our industry; the impact of the
COVID-19 pandemic on our business and our ability to attract,
retain and cross-sell to clients. The forward-looking statements
contained in this release are also subject to other risks and
uncertainties, including those more fully described in our filings
with the Securities and Exchange Commission (“SEC”), including in
our Annual Report on Form 10-K for the fiscal year ended December
31, 2021. The forward-looking statements in this press release
speak only as of the date on which the statements are made. We
undertake no obligation to update, and expressly disclaim the
obligation to update, any forward-looking statements made in this
press release to reflect events or circumstances after the date of
this press release or to reflect new information or the occurrence
of unanticipated events, except as required by law.
Investor RelationsBrian M.
Prenoveau, CFAMZ Group – MZ North AmericaSURG@mzgroup.us 561
489 5315
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