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Grow Capital Inc (GRWC) Hires Two Senior Executives to Guide the Company's Newest Division, "PERA Administrators"

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Grow Capital (OTCQB: GRWC) has appointed Mark Buckley and John Thorne as new vice presidents for its subsidiary PERA Administrators, focusing on public employee retirement plans. Buckley joins as V.P. of Business Development - East, bringing over 30 years of experience. Thorne, V.P. of Business Development - West, has over 20 years in financial services. The company aims to enhance retirement planning for school districts and government employees, improving financial wellness nationwide.

Positive
  • Addition of experienced executives enhances leadership at PERA Administrators.
  • Buckley and Thorne bring extensive industry contacts and expertise, potentially increasing market penetration.
  • Focus on improving public employee retirement planning aligns with growing demand for retirement solutions.
Negative
  • None.

PERA Administrators, a wholly owned subsidiary of Grow Capital, is a third-party public employee retirement plan administrator ("TPA") with a new approach to plan education and participant support that is uniquely positioned to improve the financial wellness of school district and governmental employees nationwide.

HENDERSON, NV / ACCESSWIRE / June 30, 2021 / Grow Capital, Inc (OTCQB: GRWC) is a publicly-traded software, technology and financial services holding company that identifies, acquires and incubates promising upstarts in the financial technology sector ("FinTech") to provide its shareholders access to investment opportunities in small and medium-sized businesses that are uniquely positioned for rapid growth. Today, GROW announced that its wholly owned subsidiary, PERA, has added two industry veterans to its team.

"Mark Buckley and John Thorne collectively lead the niche of public education retirement planning and bring immense credibility and contacts, making PERA Administrators The New Way To TPA", said CEO of Grow Capital, Inc Terry Kennedy.

Kennedy continued, "Their names should make the old school third party Administrator groups take note that PERA Administrators is here to improve upon the standard model and truly serve the needs of the public employee market."

Mark Buckley will be the V.P. of Business Development - East for PERA Administrators.

Mark was previously with U.S. OMNI and brings over 30 years of strategic sales and business development experience to PERA Administrators. Prior to joining PERA, Mark's experience includes over 13 years in the financial services industry where he has spent the last eight years in the management and administration of 403(b) / 457(b) plans for K-12 school districts nationwide. Mark will be responsible for identifying target markets, new client acquisition, developing channel partnerships and extending market penetration throughout the Eastern United States. Mark holds a bachelor's degree in Communications from The University of Dayton.

John Thorne will be the Vice President of Business Development - West for PERA Administrators.

John is passionate about helping clients secure their financial future. He joined PERA Administrators as Vice President. He brings with him over 20 years of experience in the financial services industry. John has managed 403(b), 457(b) and 401(k) plans for numerous companies and aids in compliance functions for these companies for the past 15 years. John enjoys building strategic relationships in this highly segmented marketplace that is comprised of advisors, brokers and Third Party Administrators across the nation.

John holds a Bachelor's Degree in Finance from the University of Utah and is an active member of the American Society of Pension Professionals and Actuaries (ASPPA) and maintains the Qualified 401(k) Administrator (QKA) designation as well as the Tax Exempt and Governmental Plans Consultant (TGPC) designation.

PERA Administrators operates as a third-party retirement plan for the employees of public school districts and our mission is to serve the retirement savings needs of America's public employees through a focused effort to democratize investing, designed to serve the people who serve our communities. Part of what differentiates PERA Administrators rom other providers is that our team goes out of their way to be reachable, teachable and effective for teachers, municipal employees and first responders to help ensure these important public servants have the successful retirement they deserve.

Visit http://www.peraadministrators.com to learn more.

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To be added to the distribution list please email info@growcapitalinc.com with 'GRWC' in the subject line.

Contact: Amanda Kennedy, AF1 Public Relations
(702) 908-0018 Amanda@af1pr.com

Forward Looking Statements Disclaimer: This release may contain statements that constitute 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, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Grow Capital, Inc's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward -looking statements include the words 'vision,' 'seek', 'grow', 'plan' and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Grow Capital, Inc's filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.

info@growcapital.com

http://www.growcapitalinc.com

SOURCE: Grow Capital, Inc.



View source version on accesswire.com:
https://www.accesswire.com/653690/Grow-Capital-IncGRWC-Hires-Two-Senior-Executives-to-Guide-the-Companys-Newest-Division-PERA-Administrators

FAQ

What changes have been made in Grow Capital's management?

Grow Capital has hired Mark Buckley and John Thorne as vice presidents for its subsidiary, PERA Administrators, to improve public employee retirement plan services.

What is the impact of the new hires on GRWC?

The new hires are expected to strengthen PERA Administrators' position in the public employee retirement sector, potentially boosting business growth and shareholder value.

Who are Mark Buckley and John Thorne?

Mark Buckley has over 30 years of experience in sales and business development, while John Thorne has over 20 years in financial services, both focusing on retirement plans.

What is the mission of PERA Administrators?

PERA Administrators aims to serve the retirement savings needs of public employees through accessible and effective retirement planning.

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