Crown Equity Holdings, Inc. Announces the Resignation of One Board Member and Officer

Rhea-AI Summary

Crown Equity Holdings (OTC PINK:CRWE) has accepted the immediate resignation of board member Shawn Jones, who held the position of Business Developer and Merger and Acquisition Manager. Mr. Jones is leaving to explore new interests, prompting the board to reduce its members from seven to six. President Mike Zaman expressed gratitude for Jones' service. The company remains focused on developing CRWE WORLD and enhancing global visibility for its clients through various digital properties.

Positive

• Potential for fresh perspectives with new board composition.

Negative

• Loss of a key member may create gaps in business development leadership.

LAS VEGAS, NV / ACCESSWIRE / December 2, 2022 / Crown Equity Holdings, Inc. (OTC PINK:CRWE) announced today that it has accepted the resignation of its board member, Shawn Jones, a Board member, and Business Developer/Merger and Acquisition Manager, effective immediately.

Mr. Jones is leaving the Company to pursue new interests.

Crown Equity Holdings, Inc. President, Mike Zaman stated, "I would like to thank Shawn for his services and wish him success in his future endeavors."

The Board will decrease its members from seven to six.

About Crown Equity Holdings, Inc.

Crown Equity Holdings, Inc. (OTC PINK:CRWE) is a vertically 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 (www.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 http://www.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 that 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.

Contact:

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

SOURCE: Crown Equity Holdings Inc.

View source version on accesswire.com:
https://www.accesswire.com/729975/Crown-Equity-Holdings-Inc-Announces-the-Resignation-of-One-Board-Member-and-Officer

FAQ

What prompted Shawn Jones' resignation from Crown Equity Holdings?

Shawn Jones resigned to pursue new interests.

How will the resignation of Shawn Jones affect Crown Equity Holdings?

The board will reduce its members from seven to six, which may impact business development strategies.

Who is the current president of Crown Equity Holdings?

Mike Zaman is the current president of Crown Equity Holdings.

What is Crown Equity Holdings focusing on after the board change?

The company is focused on developing CRWE WORLD and enhancing visibility for its clients.

When did Shawn Jones resign from Crown Equity Holdings?

Shawn Jones' resignation was effective immediately as of December 2, 2022.