Senior Financial Executive Joins Intellicheck
Intellicheck (Nasdaq: IDN), a leading identity validation company, has announced the appointment of Adam Sragovicz as a senior financial executive. Sragovicz will transition to the role of CFO on September 1, 2024, following the departure of Jeff Ishmael. He brings extensive experience in financial leadership, having served in senior-level positions at companies like Presidio Property Trust and Encore Capital Group.
Intellicheck's CEO, Bryan Lewis, and Board Chairman, Guy L. Smith, expressed confidence in Sragovicz's ability to support the company's strategic initiatives and drive growth. Sragovicz's responsibilities will include managing all aspects of finance and accounting, with a focus on advancing Intellicheck's market expansion and long-term growth strategies.
Intellicheck (Nasdaq: IDN), un'azienda leader nella convalida dell'identità, ha annunciato la nomina di Adam Sragovicz come dirigente finanziario senior. Sragovicz assumerà il ruolo di CFO il 1° settembre 2024, a seguito della partenza di Jeff Ishmael. Porta con sé una vasta esperienza in leadership finanziaria, avendo ricoperto ruoli di alto livello in aziende come Presidio Property Trust e Encore Capital Group.
Il CEO di Intellicheck, Bryan Lewis, e il presidente del Consiglio, Guy L. Smith, hanno espresso fiducia nella capacità di Sragovicz di supportare le iniziative strategiche dell'azienda e promuovere la crescita. Le responsabilità di Sragovicz includeranno la gestione di tutti gli aspetti della finanza e della contabilità, con un focus sull'avanzamento dell'espansione di mercato di Intellicheck e delle strategie di crescita a lungo termine.
Intellicheck (Nasdaq: IDN), una empresa líder en validación de identidades, ha anunciado el nombramiento de Adam Sragovicz como ejecutivo financiero senior. Sragovicz asumirá el rol de CFO el 1 de septiembre de 2024, tras la salida de Jeff Ishmael. Aporta una amplia experiencia en liderazgo financiero, habiendo ocupado cargos de alto nivel en empresas como Presidio Property Trust y Encore Capital Group.
El CEO de Intellicheck, Bryan Lewis, y el presidente de la Junta, Guy L. Smith, expresaron su confianza en la capacidad de Sragovicz para apoyar las iniciativas estratégicas de la compañía y fomentar el crecimiento. Las responsabilidades de Sragovicz incluirán la gestión de todos los aspectos de finanzas y contabilidad, con un enfoque en avanzar en la expansión de mercado de Intellicheck y en las estrategias de crecimiento a largo plazo.
인텔리체크 (Nasdaq: IDN)는 신원 확인을 선도하는 회사로서 아담 스라고비츠를 고위 금융 임원으로 임명했다고 발표했습니다. 스라고비츠는 제프 이시메일의 퇴사에 따라 2024년 9월 1일에 CFO 역할로 전환할 것입니다. 그는 프레시디오 재산신탁 및 엔코어 캐피탈 그룹과 같은 회사에서 고위직으로 근무한 방대한 금융 리더십 경험을 갖고 있습니다.
인텔리체크의 CEO인 브라이언 루이스와 이사회 의장인 가이 L. 스미스는 스라고비츠가 회사의 전략적 이니셔티브를 지원하고 성장을 이끌 능력에 대한 신뢰를 표명했습니다. 스라고비츠는 모든 금융 및 회계 관련 업무를 관리하며 인텔리체크의 시장 확장 및 장기 성장 전략을 발전시키는 데 중점을 둘 것입니다.
Intellicheck (Nasdaq: IDN), une entreprise leader dans la validation d'identité, a annoncé la nomination de Adam Sragovicz en tant que cadre financier senior. Sragovicz assumera le rôle de CFO le 1er septembre 2024, suite au départ de Jeff Ishmael. Il apporte une vaste expérience en leadership financier, ayant occupé des postes de haut niveau dans des entreprises telles que Presidio Property Trust et Encore Capital Group.
Le PDG d'Intellicheck, Bryan Lewis, et le président du conseil, Guy L. Smith, ont exprimé leur confiance dans la capacité de Sragovicz à soutenir les initiatives stratégiques de l'entreprise et à stimuler la croissance. Les responsabilités de Sragovicz comprendront la gestion de tous les aspects des finances et de la comptabilité, avec un accent sur l'avancement de l'expansion des marchés d'Intellicheck et des stratégies de croissance à long terme.
Intellicheck (Nasdaq: IDN), ein führendes Unternehmen für Identitätsvalidierung, hat die Ernennung von Adam Sragovicz zum leitenden Finanzmanager bekannt gegeben. Sragovicz wird am 1. September 2024 die Rolle des CFO übernehmen, nachdem Jeff Ishmael das Unternehmen verlassen hat. Er bringt umfangreiche Erfahrung in der Finanzführung mit und hat in leitenden Positionen bei Unternehmen wie Presidio Property Trust und Encore Capital Group gedient.
Der CEO von Intellicheck, Bryan Lewis, und der Vorsitzende des Vorstands, Guy L. Smith, äußerten ihr Vertrauen in die Fähigkeit von Sragovicz, die strategischen Initiativen des Unternehmens zu unterstützen und das Wachstum voranzutreiben. Sragovicz' Aufgaben umfassen die Verwaltung aller Aspekte von Finanzen und Buchhaltung, mit einem Fokus auf die Förderung der Marktexpansion und der langfristigen Wachstumsstrategien von Intellicheck.
- Appointment of experienced financial executive Adam Sragovicz as new CFO
- Smooth transition plan with Sragovicz joining on August 1 before assuming CFO role on September 1
- Sragovicz brings extensive expertise in financial planning, analysis, and leadership from previous roles
- None.
Insights
The appointment of Adam Sragovicz as Intellicheck's new CFO is a neutral development for the company. While leadership changes can bring fresh perspectives, they also carry inherent risks. Sragovicz's extensive experience in financial planning and analysis, particularly in fintech and banking sectors, aligns well with Intellicheck's identity validation focus. However, the impact on the company's financial performance remains to be seen.
Investors should note that Sragovicz's track record includes managing relationships with major financial institutions, which could potentially open doors for new partnerships or financing opportunities. His experience with investor relations might also improve transparency and communication with shareholders. Yet, it's important to monitor how smoothly the transition occurs and whether any significant strategy shifts emerge under his leadership.
From a technology perspective, Sragovicz's appointment doesn't directly impact Intellicheck's product offerings or market position. However, his background in mobile banking and software development requirements could potentially influence the company's product roadmap. The identity validation market is rapidly evolving and Intellicheck needs to stay ahead of technological trends.
Investors should watch for any shifts in R&D spending or new tech initiatives under Sragovicz's financial leadership. His experience with transaction processing and online lending companies might bring valuable insights into expanding Intellicheck's services. The key will be balancing financial prudence with necessary investments in innovation to maintain Intellicheck's competitive edge in the identity validation space.
WHAT THEY’RE SAYING:
Intellicheck Board of Directors Chairman Guy L. Smith: "We are very excited to welcome Adam to the Intellicheck team. He brings a demonstrated track record of achieving strong financial results that we believe will support our ongoing strategic initiatives as we continue to deliver industry-leading identity validation technology solutions. We look forward to working with Adam to advance our roadmap for market expansion and long-term growth.”
Intellicheck CEO Bryan Lewis: “Adam is an experienced executive leader with extensive expertise in operational and financial performance. He has built a solid reputation through his experience in financial planning and analysis including numerous financial leadership positions. We believe his proven track record will be beneficial to Intellicheck, our partners, and our investors.”
Adam Sragovicz: “I am honored and excited to join the Intellicheck team. I look forward to leveraging my financial experience to advance the Company’s strategic goals and build on its successes to continue growth and increase value for our shareholders.”
Mr. Sragovicz has served in senior-level finance, management, and operating positions within multiple companies. As CFO at Presidio Property Trust, he managed external auditor, lender, investor relationships, accounting and financial planning and analysis.
As Vice President, Treasury at Encore Capital Group (NASDAQ:ECPG), a specialty finance company that provides debt recovery solutions and other related services for consumers across financial assets worldwide. Mr. Sragovicz’s extensive responsibilities included investor relations, managing relationships with syndicate banks and other financing sources including JP Morgan, ING, Union Bank (Mitsubishi UFJ), Citibank, Manufacturers Bank (Sumitomo Mitsui), and BBVA Compass.
His multifaceted role as of Vice President of Treasury and Banking Relations at AccountPros included strategic planning for affiliated companies including transaction processing, technology services, online lending, and call centers.
Mr. Sragovicz’s position as Senior Vice President, Bank Relations at UniCache International included responsibility for vendor partnerships and software development business requirements. His banking expertise in mobile banking and sales force management was key to his success.
Additional banking experience includes his positions as Vice President Finance and Treasury at Imperial Capital Bank and Vice President Strategic and Financial Planning at Union Bank of
Intellicheck (Nasdaq: IDN) is an identity company that delivers on-demand identity validation solutions for KYC, fraud, and age verification needs. Intellicheck validates both digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce, and retail commerce businesses, law enforcement and government agencies across
About Intellicheck
Intellicheck (Nasdaq: IDN) is an identity company that delivers on-demand digital and physical identity validation solutions for KYC, AML, fraud, and age verification needs. Intellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, and retail commerce businesses, law enforcement and government agencies across
Safe Harbor Statement
Statements in this news release about Intellicheck’s future expectations, including: the advantages of our products, future demand for Intellicheck’s existing and future products, whether revenue and other financial metrics will improve in future periods, CFO transition and performance, whether Intellicheck will be able to execute its turn-around plan or whether successful execution of the plan will result in increased revenues, whether sales of our products will continue at historic levels or increase, whether brand value and market awareness will grow, whether the Company can leverage existing partnerships or enter into new ones, whether there will be any impact on sales and revenues due to an epidemic, pandemic or other public health issue and all other statements in this release, other than historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). These statements, which express management’s current views concerning future events, trends, contingencies or results, appear at various places in this release and use words like “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “sense”, “strategy,” “target” and similar terms, and future or conditional tense verbs like “could,” “may,” “might,” “should,” “will” and “would” are forward-looking statements within the meaning of the PSLRA. This statement is included for the express purpose of availing Intellicheck, Inc. of the protections of the safe harbor provisions of the PSLRA. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as: market acceptance of our products and the presently anticipated growth in the commercial adoption of our products and services; our ability to successfully transition pilot programs into formal commercial scale programs; continued adoption of our SaaS product offerings; changing levels of demand for our current and future products; our ability to reduce or maintain expenses while increasing sales; our ability to successfully expand the sales of our products and services into new areas including health care and auto dealerships; customer results achieved using our products in both the short and long term; success of future research and development activities; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity with our customer’s businesses; our ability to successfully market and sell our products, any delays or difficulties in our supply chain coupled with the typically long sales and implementation cycle for our products; our ability to enforce our intellectual property rights; changes in laws and regulations applicable to the our products; our continued ability to access government-provided data; the risks inherent in doing business with the government including audits and contract cancellations; liability resulting from any security breaches or product failure, together with other risks detailed from time to time in our reports filed with the SEC. We do not assume any obligation to update the forward-looking information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240806163643/en/
Media and Public Relations: Sharon Schultz (302) 539-3747 / sschultz@intellicheck.com
Investor Relations: Gar Jackson (949) 873-2789 / gjackson@intellicheck.com
Source: IIntellicheck, Inc.
FAQ
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