Affluence Corporation Announces New Board Members
Affluence (OTC PINK:AFFU), a leader in Smart City Software and IoT, announced changes to its Board of Directors on October 14, 2024. James E. Honan, Jr. and Dale Haase resigned from the board, with Honan remaining as CEO. The company appointed Michael Balkin and William Gonyer as new independent board members. Gonyer brings over 30 years of accounting experience, while Balkin has 35+ years in capital markets. The current board consists of Rohan Chanmugam, Michael Balkin, and William Gonyer. No equity or ownership changes resulted from these appointments.
Affluence (OTC PINK:AFFU), leader nel software per Smart City e IoT, ha annunciato delle modifiche al suo Consiglio di Amministrazione il 14 ottobre 2024. James E. Honan, Jr. e Dale Haase si sono dimessi dal consiglio, mentre Honan rimane come CEO. L'azienda ha nominato Michael Balkin e William Gonyer come nuovi membri indipendenti del consiglio. Gonyer porta con sé oltre 30 anni di esperienza contabile, mentre Balkin ha oltre 35 anni nei mercati dei capitali. L'attuale consiglio è composto da Rohan Chanmugam, Michael Balkin e William Gonyer. Nessun cambiamento di equity o di proprietà è derivato da queste nomine.
Affluence (OTC PINK:AFFU), un líder en software de ciudades inteligentes e IoT, anunció cambios en su Consejo de Administración el 14 de octubre de 2024. James E. Honan, Jr. y Dale Haase renunciaron al consejo, con Honan permaneciendo como CEO. La compañía nombró a Michael Balkin y William Gonyer como nuevos miembros independientes del consejo. Gonyer aporta más de 30 años de experiencia en contabilidad, mientras que Balkin tiene más de 35 años en los mercados de capitales. El actual consejo está compuesto por Rohan Chanmugam, Michael Balkin y William Gonyer. No hubo cambios en la propiedad o en el capital como resultado de estos nombramientos.
Affluence (OTC PINK:AFFU)는 스마트 시티 소프트웨어 및 IoT 분야의 선두주자로서 2024년 10월 14일 이사회에 대한 변경 사항을 발표했습니다. James E. Honan, Jr.와 Dale Haase가 이사회에서 사임했으며, Honan은 CEO로 남아 있습니다. 회사는 Michael Balkin과 William Gonyer를 새로운 독립 이사회 멤버로 임명했습니다. Gonyer는 30년 이상의 회계 경험을 보유하고 있으며, Balkin은 35년 이상의 자본시장 경험을 가지고 있습니다. 현재 이사회는 Rohan Chanmugam, Michael Balkin, William Gonyer로 구성되어 있습니다. 이들 임명으로 인해 주식 또는 소유권의 변화는 없었습니다.
Affluence (OTC PINK:AFFU), un leader dans le logiciel de ville intelligente et l'IoT, a annoncé des changements dans son Conseil d'Administration le 14 octobre 2024. James E. Honan, Jr. et Dale Haase ont démissionné du conseil, Honan restant en tant que CEO. L'entreprise a nommé Michael Balkin et William Gonyer comme nouveaux membres indépendants du conseil. Gonyer apporte plus de 30 ans d'expérience en comptabilité, tandis que Balkin possède plus de 35 ans d'expérience sur les marchés des capitaux. Le conseil actuel est composé de Rohan Chanmugam, Michael Balkin et William Gonyer. Aucune modification de l'équité ou de la propriété n'a résulté de ces nominations.
Affluence (OTC PINK:AFFU), ein führendes Unternehmen im Bereich Smart City Software und IoT, gab am 14. Oktober 2024 Änderungen im Vorstand bekannt. James E. Honan, Jr. und Dale Haase traten aus dem Vorstand zurück, während Honan weiterhin CEO bleibt. Das Unternehmen ernannte Michael Balkin und William Gonyer zu neuen unabhängigen Vorstandsmitgliedern. Gonyer bringt über 30 Jahre Erfahrung in der Buchhaltung mit, während Balkin mehr als 35 Jahre im Kapitalmarkt tätig ist. Der aktuelle Vorstand besteht aus Rohan Chanmugam, Michael Balkin und William Gonyer. Durch diese Ernennungen gab es keine Änderungen im Eigenkapital oder im Eigentum.
- Addition of two experienced board members with extensive industry expertise
- CEO remains in position despite board resignation
- No dilution or ownership changes from board appointments
- None.
OAK BROOK, IL / ACCESSWIRE / November 19, 2024 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) is providing an update on Affluence Corporation and the composition of its Board of Directors.
On October 14, 2024, James E. Honan, Jr., Chief Executive Officer and member of the board of directors of the Company, and Dale Haase, a member of the board of directors of the Company, resigned as members of the board of directors of the Company. Neither Mr. Honan nor Mr. Haase noted any disagreements with the Company or its Board. Mr. Honan will remain as Chief Executive Officer of the Company.
In addition, on October 14, 2024, Michael Balkin and William Gonyer were appointed as members of the Board of Directors of the Company. "We are delighted and very fortunate to have Mr. Balkin and Mr. Gonyers as independent Board members. Their knowledge and experience are tremendous assets in growing the company. " said James E. Honan, Jr., Chief Executive Officer.
William Gonyer is an independent contractor performing accounting, investment evaluation, and due diligence services. He was certified as a public accountant (CPA). He has worked in the field of accounting for over thirty (30) years. He has held positions at Will Stephenson Advisory (seven years, 2017 to present), Gold Coast Associates (six years, 2010 to 2016), Broad Street Banking Associates (two years, 2008 to 2010), Natixis Capital Markets (ten years, 1998 to 2008), Swiss Bank Corporation (six years, 1991 to 1997), and Price Waterhouse Coopers (five years, 1986 to 1991).
Mr. Balkin has over 35 years of capital market experience working with both public and private companies and is currently CEO of MPB Enterprises. MPB Enterprises is a senior strategic advisor to multiple public and private companies as well as the Wasson Enterprise family office. He is currently the Chairman of the Board of Performance Health Systems, LLC and was a member of the board of managers of Innventure, "INV", an Intellectual Property-based development company co-founded by Greg Wasson. He is also on the Board of Directors of Horizon Technology Finance Corporation "HRZN" and recently served as the Chief Executive Officer and a Director of a public company called Foresight Acquisition Corporation, where he led the merger with a
Prior to Foresight, Mr. Balkin was a partner and formerly the co-Manager of the William Blair Small Institutional portfolio and the William Blair Small Cap Growth Fund, which he and his partners started in 1999.
The current composition of the board of directors of the Company is Rohan Chanmugam, Michael Balkin and William Gonyer. No equity or ownership of the company was sold, issued or assigned as a result of the Board appointments.
About Affluence Corporation
Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city software and innovative solutions that capitalize on IoT, AI and 5G technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com
About OneMind Technologies SL
OneMind Technologies SL is a wholly owned subsidiary of Affluence Corporation. The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations. Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world. For more information go to https://www.onemindtechnologies.com
For further information contact Affluence Corporation Investor Relations at 720-295-6409.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.
SOURCE: Affluence Corp
View the original press release on accesswire.com
FAQ
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