Katipult Appoints Beth Shaw as CEO and Announces Board Resignation
Katipult Technology Corp (TSXV: FUND) has appointed Beth Shaw as its new Chief Executive Officer, effective immediately. Shaw brings over 30 years of experience in syndication and equity capital markets, having served as a strategic advisor to Katipult since February 2024. The appointment coincides with the departure of former CEO Gord Breese and Chairman Brian Craig. As part of her compensation, Shaw received options for 3,000,000 shares at an exercise price of $0.05, vesting over 3 years. The company, which provides software for equity and debt markets, aims to leverage Shaw's extensive capital markets experience to enhance its product offerings for investment dealers, wealth management firms, and private equity funds.
Katipult Technology Corp (TSXV: FUND) ha nominato Beth Shaw come nuovo Amministratore Delegato, con effetto immediato. Shaw porta con sé oltre 30 anni di esperienza nei mercati della syndication e del capitale di rischio, avendo servito come consulente strategico per Katipult da febbraio 2024. La nomina coincida con le dimissioni dell'ex CEO Gord Breese e del Presidente Brian Craig. Come parte della sua retribuzione, Shaw ha ricevuto opzioni per 3.000.000 azioni a un prezzo di esercizio di $0,05, che matureranno in 3 anni. L'azienda, che fornisce software per i mercati azionari e del debito, mira a sfruttare l'ampia esperienza di Shaw nei mercati di capitale per migliorare la propria offerta di prodotti destinati a intermediari di investimento, società di gestione patrimoniale e fondi di private equity.
Katipult Technology Corp (TSXV: FUND) ha nombrado a Beth Shaw como su nueva Directora Ejecutiva, con efecto inmediato. Shaw aporta más de 30 años de experiencia en los mercados de sindicaciones y capital de riesgo, habiendo servido como asesora estratégica de Katipult desde febrero de 2024. El nombramiento coincide con la salida del ex CEO Gord Breese y del Presidente Brian Craig. Como parte de su compensación, Shaw recibió opciones por 3,000,000 acciones a un precio de ejercicio de $0.05, con un período de consolidación de 3 años. La empresa, que proporciona software para los mercados de capital y de deuda, busca aprovechar la amplia experiencia de Shaw en los mercados de capital para mejorar su oferta de productos para intermediarios de inversión, empresas de gestión patrimonial y fondos de capital privado.
Katipult Technology Corp (TSXV: FUND)는 Beth Shaw를 새로운 최고경영자(CEO)로 즉시 임명했습니다. Shaw는 30년 이상의 경험을 가지고 있으며, 2024년 2월부터 Katipult의 전략 자문 역할을 해왔습니다. 이번 임명은 이전 CEO인 Gord Breese와 회장인 Brian Craig의 퇴사와 동시에 이루어졌습니다. Shaw는 보상으로 3,000,000 주식에 대한 옵션을 받았으며, 행사 가격은 $0.05이고 3년 동안 분할 지급됩니다. 이 회사는 자본 및 채무 시장을 위한 소프트웨어를 제공하며, Shaw의 광범위한 자본 시장 경험을 활용하여 투자 중개인, 자산 관리 기업 및 사모펀드를 위한 제품 제공을 강화하는 것을 목표로 하고 있습니다.
Katipult Technology Corp (TSXV: FUND) a nommé Beth Shaw comme nouvelle directrice générale, avec effet immédiat. Shaw possède plus de 30 ans d'expérience dans les marchés de la syndication et des capitaux propres, ayant été conseillère stratégique pour Katipult depuis février 2024. La nomination coïncide avec le départ de l'ancien PDG Gord Breese et du président Brian Craig. Dans le cadre de sa rémunération, Shaw a reçu des options pour 3.000.000 actions à un prix d'exercice de 0,05 $, avec une acquisition échelonnée sur 3 ans. L'entreprise, qui fournit des logiciels pour les marchés de capitaux et de dettes, vise à tirer parti de l'expérience étendue de Shaw dans les marchés de capitaux pour améliorer son offre de produits pour les intermédiaires d'investissement, les entreprises de gestion de patrimoine et les fonds de capital-investissement.
Katipult Technology Corp (TSXV: FUND) hat Beth Shaw mit sofortiger Wirkung zur neuen Geschäftsführerin ernannt. Shaw bringt über 30 Jahre Erfahrung in den Bereichen Syndikation und Eigenkapitalmärkte mit und hat seit Februar 2024 als strategische Beraterin für Katipult gedient. Die Ernennung fällt mit dem Ausscheiden des ehemaligen CEOs Gord Breese und des Vorsitzenden Brian Craig zusammen. Im Rahmen ihrer Vergütung erhielt Shaw Optionen für 3.000.000 Aktien zu einem Ausübungspreis von 0,05 USD, die über einen Zeitraum von 3 Jahren vesten. Das Unternehmen, das Software für Eigenkapital- und Schuldmärkte anbietet, plant, Shaws umfangreiche Erfahrung in den Kapitalmärkten zu nutzen, um sein Produktangebot für Investmenthändler, Vermögensverwaltungsunternehmen und Private-Equity-Fonds zu verbessern.
- Appointment of experienced executive with 30+ years in capital markets
- New CEO already familiar with company operations as strategic advisor since February 2024
- Significant equity alignment through 3,000,000 share options granted to new CEO
- Simultaneous departure of both CEO and Board Chairman indicates significant leadership turnover
- Low option exercise price of $0.05 suggests current stock price challenges
Calgary, Alberta--(Newsfile Corp. - October 25, 2024) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading fintech provider of software for powering the exchange of capital in equity and debt markets, is pleased to announce the appointment of Beth Shaw ("Ms. Shaw") as its new Chief Executive Officer, effective immediately.
Ms. Shaw is an accomplished executive, board director, and capital markets professional with over 30 years experience in syndication and equity capital markets, having held senior executive positions at both bank-owned and independent investment dealers. She has been serving as a strategic advisor to Katipult since February 2024. Her extensive experience and proven leadership in the capital markets will be invaluable as Katipult continues to build out its product offerings serving investment dealers, wealth management firms, private equity funds, and other financial services companies.
"I am very excited to be joining the Katipult team, " said Beth Shaw. "I believe Katipult has a great business model and talented management team that uniquely positions it to capitalize on a continuously changing and increasingly competitive investment industry. As the industry continues to evolve, strategic technology adoption remains ever more important. I believe Katipult is in a position to provide a cost effective and timely suite of services to help the investment community optimize workflows and enhance service delivery to wealth and asset managers, institutional investors and corporate clients."
As part of her compensation, Ms. Shaw has been granted options for 3,000,000 shares in the Company at an exercise price of
Together with Ms. Shaw's appointment, Katipult also announced that Chief Executive Officer, Gord Breese ("Mr. Breese"), will be stepping down from his role. We are grateful for Mr. Breese's leadership and dedication throughout his tenure. His guidance has been instrumental in pursuing our enterprise customer segment, and we appreciate his contributions to the business.
Additionally, Brian Craig, Chairman of the Board, has announced his resignation. We appreciate Mr. Craig's insights and steady leadership during his time with Katipult, and we extend our best wishes for his future endeavors.
About Katipult
Katipult (www.katipult.com) is a provider of industry leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. Our cloud-based platform and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors, and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model, and localization requirements.
For further information: Katipult Technology Corp., Gord Breese, CEO, gbreese@katipult.com, 1-403-457-8008
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227797
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