Genius Group Restructures Board with Four New Appointees
Genius Group (NYSE American: GNS) has announced significant changes to its Board and Management team. The company has appointed four new Board members: Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power, and Gary Pattison. These appointees bring extensive experience in education, fintech, technology, and business transformation.
The new Board members are based in Peru, Dubai, England, and Mauritius, aligning with Genius Group's international growth plans. They will join Roger James Hamilton and Suraj Naik on the Board. Four previous directors have resigned following a request due to conflicts of interest and breaches of fiduciary duties.
Additionally, Adrian Reese has resigned as CFO, with Gaurav Dama appointed as Interim CFO. CEO Roger Hamilton stated that this restructure aligns with the company's growth in Asia, Europe, and South America, supporting their mission to build an AI-powered education platform and Genius Cities model.
Genius Group (NYSE American: GNS) ha annunciato cambiamenti significativi nel suo Consiglio e nel team di gestione. L'azienda ha nominato quattro nuovi membri del Consiglio: Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power e Gary Pattison. Questi nuovi membri portano con sé un'esperienza vasta nei settori dell'istruzione, fintech, tecnologia e trasformazione aziendale.
I nuovi membri del Consiglio provengono da Perù, Dubai, Inghilterra e Mauritius, in linea con i piani di crescita internazionale di Genius Group. Si uniranno a Roger James Hamilton e Suraj Naik nel Consiglio. Quattro precedenti direttori si sono dimessi a seguito di una richiesta per conflitti d'interesse e violazioni dei doveri fiduciari.
Inoltre, Adrian Reese si è dimesso da CFO, e Gaurav Dama è stato nominato CFO ad interim. Il CEO Roger Hamilton ha dichiarato che questa ristrutturazione è in linea con la crescita dell'azienda in Asia, Europa e Sud America, supportando la loro missione di costruire una piattaforma educativa alimentata dall'IA e il modello delle Genius Cities.
Genius Group (NYSE American: GNS) ha anunciado cambios significativos en su Junta y equipo directivo. La compañía ha nombrado cuatro nuevos miembros de la Junta: Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power y Gary Pattison. Estos nombramientos aportan una amplia experiencia en educación, fintech, tecnología y transformación empresarial.
Los nuevos miembros de la Junta tienen sede en Perú, Dubái, Inglaterra y Mauricio, alineándose con los planes de crecimiento internacional de Genius Group. Se unirán a Roger James Hamilton y Suraj Naik en la Junta. Cuatro directores anteriores han renunciado tras una solicitud debido a conflictos de interés y violaciones de deberes fiduciarios.
Además, Adrian Reese ha renunciado como CFO, y Gaurav Dama ha sido nombrado CFO interino. El CEO Roger Hamilton declaró que esta reestructuración está en línea con el crecimiento de la empresa en Asia, Europa y América del Sur, apoyando su misión de construir una plataforma educativa impulsada por IA y el modelo de Ciudades Genius.
Genius Group (NYSE American: GNS)는 이사회와 경영팀에 대한 중요한 변화를 발표했습니다. 회사는 네 명의 새로운 이사를 임명했습니다: 에두아르도 우에르타-메르카도 에레라, 이안 퍼터, 토마스 파워, 게리 패티슨. 이 임원들은 교육, 핀테크, 기술 및 비즈니스 전환 분야에서 광범위한 경험을 가지고 있습니다.
새로운 이사들은 페루, 두바이, 영국, 모리셔스에 본사를 두고 있으며, 이는 Genius Group의 국제 성장 계획과 일치합니다. 그들은 로저 제임스 해밀턴 및 수라지 나이크와 함께 이사회에 합류합니다. 사전 이사 네 명이 이해 상충 및 수탁 의무 위반 요청으로 사임했습니다.
또한, 에드리안 리스가 CFO로서 사임했으며, 가우라브 다마가 임시 CFO로 임명되었습니다. CEO 로저 해밀턴은 이번 구조 조정이 아시아, 유럽, 남미에서 회사의 성장에 부합하며 AI 기반 교육 플랫폼과 Genius Cities 모델 구축을 지원한다고 밝혔습니다.
Genius Group (NYSE American: GNS) a annoncé des changements significatifs au sein de son Conseil et de son équipe de direction. L'entreprise a nommé quatre nouveaux membres du Conseil: Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power et Gary Pattison. Ces nouveaux membres apportent une expérience étendue dans les domaines de l'éducation, de la fintech, de la technologie et de la transformation des entreprises.
Les nouveaux membres du Conseil sont basés au Pérou, à Dubaï, en Angleterre et à l'île Maurice, ce qui s'aligne avec les plans de croissance internationale de Genius Group. Ils rejoindront Roger James Hamilton et Suraj Naik au Conseil. Quatre anciens directeurs ont démissionné à la suite d'une demande en raison de conflits d'intérêts et de violations des devoirs fiduciaires.
De plus, Adrian Reese a démissionné en tant que CFO, tandis que Gaurav Dama a été nommé CFO par intérim. Le PDG Roger Hamilton a déclaré que cette restructuration est en ligne avec la croissance de l'entreprise en Asie, en Europe et en Amérique du Sud, soutenant leur mission de construire une plateforme éducative alimentée par l'IA et le modèle Genius Cities.
Genius Group (NYSE American: GNS) hat bedeutende Veränderungen im Vorstand und im Management-Team angekündigt. Das Unternehmen hat vier neue Vorstandsmitglieder ernannt: Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power und Gary Pattison. Diese Ernennungen bringen umfangreiche Erfahrungen in den Bereichen Bildung, Fintech, Technologie und Unternehmenswandel mit sich.
Die neuen Vorstandsmitglieder sind in Peru, Dubai, England und Mauritius ansässig und stimmen mit den internationalen Wachstumsplänen der Genius Group überein. Sie werden sich Roger James Hamilton und Suraj Naik im Vorstand anschließen. Vier frühere Direktoren haben auf Anfrage, aufgrund von Interessenkonflikten und Verletzungen von Treuepflichten, zurückgetreten.
Darüber hinaus hat Adrian Reese als CFO zurückgetreten, während Gaurav Dama als Interim-CFO ernannt wurde. CEO Roger Hamilton erklärte, dass diese Umstrukturierung mit dem Wachstum des Unternehmens in Asien, Europa und Südamerika übereinstimmt und ihre Mission unterstützt, eine KI-gesteuerte Bildungsplattform und das Genius Cities-Modell aufzubauen.
- Appointment of four new Board members with extensive international experience
- New Board members align with company's global expansion plans
- Restructuring addresses conflicts of interest and breaches of fiduciary duties
- Resignation of four directors due to conflicts of interest and breaches of fiduciary duties
- CFO resignation and appointment of an Interim CFO
SINGAPORE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education and acceleration group, today announced changes to its Board and Management team commensurate with its international growth plans.
The Company’s Board of Directors has appointed Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power and Gary Pattison to the Board, bringing with them extensive experience at Board and Senior Management levels in high-growth, international public companies and higher education institutions.
Eduardo Huerta-Mercado Herrera is a seasoned education professional and currently the Director of the Innovation and Technology Center and Global MBA program at GERENS Escuela de Postgrado in Peru. He is also a Senior Advisor and Research Scholar to Purdue University Daniels School of Business, Director at United Technologies for Kids, Director at Invent College and Director at Girls Who Venture. In addition to his entrepreneurial education experience, he consults on public investment and governance to The World Bank and The Inter-American Development Bank in Latin America, Europe and Asia.
Ian Putter has over 20 years of experience within international banking and fintech, as CFO, board member and other technical finance re-engineering and integration roles. He was the Head of Blockchain Domain at Standard Bank and established the Blockchain Research Institute Africa, a think tank that collaborated with research institutes across the globe to identify blockchain use cases relevant to Africa. He is currently the Chief Compliance Officer and Chief Financial Officer of Tokinvest in Dubai and a board member of Hedera LLC.
Thomas Power has over thirty years of leadership experience in fast-growth technology companies. He co-founded the UK-based Ecademy, which grew into one of the first social networks for entrepreneurs with 650,000 members. He has been Board Director at Digital Youth Academy, LeadORS, Electric Dog, 9 Spokes, Digital Entrepreneur, The Business Café, Savortex, Team Blockchain and the Blockchain Industry Compliance and Regulation Association (BICRA).
Gary Pattison is an education entrepreneur with over 25 years of experience as a turnaround specialist, CEO wingman, and behavioural adaptation strategist. He has successfully led numerous projects over the decades, including notable turnarounds of a SABMiller operation in South Africa and a foundry for Finnish company Metso, as well as many rapid transformation initiatives, including his work with the London-listed Grit Real Estate Income Group.
The four new appointees to the Board are based in Peru, Dubai, England and Mauritius, respectively, aligning with the Company’s international growth plans in South America, Europe and Asia. They will join Roger James Hamilton and Suraj Naik on the Board, and the Company will be presenting the new appointees at the Company’s next Annual General Meeting for confirmation by shareholder approval.
The new appointments replace four directors who are exiting the Board. Following a written request from the Company’s Senior Management and certain shareholders for their resignations, on October 10, 2024, Michael Moe, Richard Berman, Salim Ismail and Riaz Shah submitted their resignations to the Company, which were accepted by the Board of Directors. The resignation of the four directors was requested due to conflicts of interest and breaches of fiduciary and statutory duties to the Company as set forth in the Form 6-K filed with the Securities and Exchange Commission on October 15, 2024.
As part of the Board and management restructuring, Adrian Reese has resigned as CFO and Gaurav Dama has been appointed as Interim CFO. Gaurav Dama has been Senior Finance Manager for the Company for seven years, managing the Company’s global finance team.
On the current restructuring, the CEO of Genius Group, Roger Hamilton, said, “Genius Group is building an increasingly international footprint with the growth of our AI-powered education platform and Genius Cities model. This restructure aligns with our growth in Asia, Europe and South America, and I look forward to working with our new Board and management to achieve our mission.”
Please see the Company’s Report on Form 6-K filed with the SEC on October 15, 2024 for additional information regarding the resignations of four directors and appointment of new directors.
About Genius Group
Genius Group (NYSE: GNS) is a leading provider of AI-powered, digital-first education and acceleration solutions for the future of work. Genius Group serves 5.4 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government levels. To learn more, please visit www.geniusgroup.net.
For more information, please visit https://www.geniusgroup.net/
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 20-F, as may be supplemented or amended by the Company's Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
Contacts
MZ Group - MZ North America
(949) 259-4987
GNS@mzgroup.us
www.mzgroup.us
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