Heritage Global Inc. Announces Appointment of Chief Marketing Officer

Rhea-AI Summary

Heritage Global Inc. (NASDAQ: HGBL) has appointed Raspina Jannesar as Chief Marketing Officer. Ms. Jannesar will oversee all marketing and branding initiatives to enhance company awareness, particularly among investors. With over 19 years of experience, she previously led the Client Success Team at Auction Technology Group, where she drove commercial growth through effective digital marketing strategies. CEO Ross Dove emphasized the company's readiness for growth and the importance of marketing leadership in achieving their objectives.

Positive

• Appointment of Raspina Jannesar as CMO expected to enhance marketing effectiveness.
• Ms. Jannesar brings over 19 years of experience and a proven track record in driving growth.
• Company poised for explosive growth, focusing on increasing awareness among investors.

Negative

• None.

SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global Inc” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, announced today that Raspina Jannesar has joined its Executive Leadership team as Chief Marketing Officer (“CMO”). As CMO, Ms. Jannesar will lead all corporate marketing and branding efforts, including strategy and awareness, tactics and planning, public relations activity, and corporate communications.

Ms. Jannesar is an experienced marketing leader with a proven track record in the SaaS space for auctioneers. Most recently she led the Client Success Team as the Senior Director of Client Success at Auction Technology Group (“ATG”), which operates seven of the world’s leading marketplaces for online curated auctions. At ATG, Ms. Jannesar utilized her expertise in digital marketing for both B2B and B2C to implement best practices and spearhead commercial growth.

For more than 19 years, Ms. Jannesar has demonstrated her expertise as a high-caliber public speaker, marketing and operations leader. She is best known for her passion and diligence in all pursued enterprises. Her ability to design and launch effective marketing campaigns while optimizing processes, implementing team building tactics, and leadership style have resulted in maximum efficiency and record-breaking increases in profits and productivity.

“We are extremely excited to welcome Raspina to the Heritage Global team,” said Ross Dove, CEO. “We have built a profitable and successful company which holds a unique position in the market. We are poised for explosive growth and need to drive awareness of our company, especially to the investor community. We are pleased to have Raspina on board to help with this endeavor.”

“I’m thrilled to be joining a team that brings over 150 years of collective industry experience and expertise in virtually every industrial sector and geography,” said Ms. Jannesar. “I look forward to utilizing my skills and insights to collaborate with and complement the Heritage Global team for further expansion of the overall business.”

About Heritage Global Inc. (www.heritageglobalinc.com)
Heritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. The company provides a full suite of services including market making, acquisitions, dispositions, valuations and secured lending. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets across twenty-eight global sectors. The company acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.

Forward-Looking Statements
This communication includes forward-looking statements based on our current expectations and projections about future events. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. While the Company believes the forward-looking statements contained in this communication are accurate, these forward-looking statements represent the Company’s beliefs only as of the date of this communication, and there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements, including variability in magnitude and timing of asset liquidation transactions, the impact of changes in the U.S. national and global economies, and interest rate and foreign exchange rate sensitivity, as well as other factors beyond the Company’s control. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005815/en/

Investor Relations:

John Nesbett/Jennifer Belodeau

IMS Investor Relations

203/972.9200

InvestorRelations@hginc.com

Source: Heritage Global Inc.

FAQ

Who is the new Chief Marketing Officer of Heritage Global Inc.?

Raspina Jannesar has been appointed as the new Chief Marketing Officer of Heritage Global Inc.

What responsibilities does Raspina Jannesar have as CMO at HGBL?

As CMO, Raspina Jannesar will lead corporate marketing and branding efforts, focusing on strategy, public relations, and corporate communications.

What is the significance of Raspina Jannesar's appointment for HGBL?

Her appointment is expected to strengthen marketing efforts, drive awareness in the investor community, and support the company's growth initiatives.

What previous experience does Raspina Jannesar have before joining HGBL?

Before joining HGBL, Ms. Jannesar served as Senior Director of Client Success at Auction Technology Group, leading digital marketing initiatives.