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Crown Equity Holdings, Inc. Announces New Chairman of Board

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Crown Equity Holdings announced the appointment of Ahmad Moradi as the new Chairman of the Board and Chief Strategic & Science Officer, replacing Mike Zaman, who remains as President and CEO.

Moradi, an experienced IT entrepreneur credited with the concept of 'Symbolic AI,' is expected to lead the company's transition to sales and operations. The company plans to focus on platform technologies providing intelligent solutions and online real-time presence with Streaming and AI video solutions, anticipating rapid growth.

The Board will expand its members to seven.

Positive
  • Appointment of Ahmad Moradi, a veteran in IT and AI, as the new Chairman of the Board could bring innovative leadership.
  • Transition to sales and operations with a focus on Streaming and AI video solutions may drive rapid growth.
  • Board expansion to seven members could provide broader strategic oversight.
Negative
  • The transition phase carries the risk of potential operational disruptions.
  • Despite leadership changes, no immediate financial gains or metrics were reported.

LAS VEGAS, NV / ACCESSWIRE / June 14, 2024 / Crown Equity Holdings, Inc. (OTC PINK:CRWE) today announced the appointment of Ahmad Moradi as the new Chairman of the Board and Chief Strategic & Science Officer, replacing Mike Zaman as chairman who will remain as the corporation's board member, President and CEO.

Ahmad Moradi is a Serial Entrepreneur in Information Technology (IT). He is an industry veteran with years of experience and credited with introducing the concept of "Symbolic AI,".

"The next step in our evolution is the transition to sales and operations," said Mike Zaman, CEO of Crown Equity Holdings, Inc. "Ahmad Moradi with his vast experience in IT is the key to our plans to transition operating companies under the Crown Equity umbrella. We are pleased that he has joined the Crown Team and is up to the challenge of leading us through our next phase of expansion and growth. While our core values and mission will remain the same, we anticipate our focus will be geared toward platform technologies that provide intelligent solutions and services that target online real-time presence with Streaming and AI video solutions. When we empower our clients with these solutions, we expect rapid and dynamic growth will ensue."

The Board will increase its members to Seven (7).

ABOUT CROWN EQUITY HOLDINGS INC. (CRWE)

Crown Equity Holdings, Inc. (OTC PINK:CRWE) is an integrated global media company that provides powerful solutions to enhance worldwide visibility and universal relevance, enabling companies to achieve accelerated growth and rapid results that spans all the stages of a company's life cycles. Additionally, Crown Equity Holdings, Inc. is developing its CRWE WORLD (crweworld.com) and related digital properties into a global online community that will launch, manage, and own select businesses and projects. For more information regarding Crown Equity Holdings, Inc., please visit crownequityholdings.com.

FORWARD-LOOKING STATEMENT

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q, and other periodic reports filed from time-to-time with the Securities and Exchange Commission. These factors include but are not limited to those described under "Risk Factors" in Crown Equity Holdings' registration statement referred to above. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. Crown Equity Holdings undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Contact:

Mike Zaman, President/CEO
702-683-8946
info@crownequityholdings.com

SOURCE: Crown Equity Holdings Inc.



View the original press release on accesswire.com

FAQ

Who is the new Chairman of the Board for Crown Equity Holdings?

Ahmad Moradi has been appointed as the new Chairman of the Board for Crown Equity Holdings.

What is the significance of Ahmad Moradi's appointment for CRWE?

Ahmad Moradi's appointment is significant as he is expected to lead Crown Equity Holdings' transition to sales and operations, focusing on Streaming and AI video solutions.

What changes in the board structure were announced for Crown Equity Holdings?

The board will expand its members to seven.

What is the future focus of Crown Equity Holdings under Ahmad Moradi's leadership?

The company will focus on platform technologies that offer intelligent solutions and services for online real-time presence with Streaming and AI video solutions.

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