Lefteris Acquisition Corporation Announces Changes in Leadership

Rhea-AI Summary

Lefteris Acquisition Corporation (NASDAQ: LFTR) has appointed Jon Isaacson as CEO effective September 8, 2022. Previously serving as CFO, Isaacson brings nearly two decades of experience in private equity and venture capital. Karl Roessner, the outgoing CEO, transitions to Vice Chairman and embarks on a new role at Vestmark. Executive Chairman Mark Casady praised Isaacson's leadership potential based on his extensive background in financial services. Lefteris aims to leverage its management team's expertise in identifying trends in FinTech and wealth management.

Positive

• Jon Isaacson appointed as CEO, enhancing leadership with his extensive experience.
• Karl Roessner remains with the company as Vice Chairman, ensuring continuity.
• Strong management team with a focus on emerging trends in financial services.

Negative

• None.

BOSTON, Sept. 8, 2022 /PRNewswire/ -- Lefteris Acquisition Corporation (NASDAQ: LFTR), a Boston-based special purpose acquisition corporation, announced that Jon Isaacson will assume the role of CEO effective September 8, 2022. Isaacson currently is the Chief Financial Officer and Chief Corporate Development Officer. He will add the responsibilities of Chief Executive Officer to his duties.

"Jon has nearly two decades of experience working in the private equity and venture capital industries as both an investor and executive," said Executive Chairman, Mark Casady. "This experience makes him the natural choice for CEO."

Prior to his position at Lefteris, Isaacson, served as the Chief Financial Officer of Senseonics, Inc., a portfolio company of venture capital firm New Enterprise Associates. Prior to joining Senseonics, he served as the Chief Financial Officer of Edelman Financial Services, LLC.

Before joining Edelman Financial Services, he served as a Managing Director for over 14 years at American Capital, Ltd. Mr. Isaacson also held roles at Thayer Capital Partners, L.P., GTCR LLC, McKinsey & Company and Morgan Stanley & Co., LLC.

Karl Roessner, the current CEO, will become Vice Chairman of Lefteris effective immediately and has accepted a new opportunity as Chief Executive Officer of Vestmark, a wealth technology innovation company.

"Karl has been a wonderful leader for our firm. We wish him well in his new role and thank him for his work with us that will continue with his new title," said Casady.

Lefteris Acquisition Corporation is a special purpose acquisition corporation, made up of a management team that has a deep operational experience working as executives and investors in the financial services industry, including FinTech and wealth management. The team consists of proven leaders that have years of experience identifying and capitalizing on emerging technological and secular trends across the financial services industry and delivering operational strategies designed to improve businesses over the long-term.

Jon D. Isaacson
Lefteris Acquisition Corporation
301-247-2908 (mobile)
jon@lefteris.company

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SOURCE Lefteris Acquisition Corporation

FAQ

Who is the new CEO of Lefteris Acquisition Corporation?

Jon Isaacson has been appointed as CEO effective September 8, 2022.

What was Jon Isaacson's role before becoming CEO?

Before becoming CEO, Jon Isaacson served as Chief Financial Officer and Chief Corporate Development Officer.

What is Karl Roessner's new position at Lefteris?

Karl Roessner has transitioned to Vice Chairman after serving as CEO.

When did the leadership changes at Lefteris Acquisition Corporation occur?

The leadership changes were announced and took effect on September 8, 2022.

What experience does Jon Isaacson bring to Lefteris Acquisition Corporation?

Jon Isaacson brings nearly two decades of experience in private equity and venture capital.