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Springbig announces appointment of Marc Shiffman to its Board of Directors

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Springbig Holdings, Inc. (OTCQX: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, has announced the appointment of Marc Shiffman to its board of directors as the Lead Independent Director. Shiffman, a respected business leader, brings extensive experience from his roles as CFO, President, and CEO at SMS Assist until its sale in early 2023.

Simultaneously, Shawn Dym has resigned from the board of directors effective September 23, 2024. The board now comprises Sergey Sherman, Matt Sacks, Mark Silver, and Marc Shiffman, along with Jeffrey Harris as Chairman and CEO. The Audit Committee includes Sergey Sherman as Chair and Marc Shiffman.

Springbig Holdings, Inc. (OTCQX: SBIG), un fornitore leader di soluzioni di marketing basate su SaaS, esperienze di app mobili per consumatori e programmi di fidelizzazione omnichannel, ha annunciato la nomina di Marc Shiffman nel suo consiglio di amministrazione come Lead Independent Director. Shiffman, un rispettato leader aziendale, porta con sé un'ampia esperienza dai suoi ruoli come CFO, Presidente e CEO di SMS Assist fino alla sua vendita all'inizio del 2023.

Allo stesso tempo, Shawn Dym si è dimesso dal consiglio di amministrazione con effetto dal 23 settembre 2024. Il consiglio è ora composto da Sergey Sherman, Matt Sacks, Mark Silver e Marc Shiffman, con Jeffrey Harris come Presidente e CEO. Il Comitato di revisione include Sergey Sherman come Presidente e Marc Shiffman.

Springbig Holdings, Inc. (OTCQX: SBIG), un proveedor líder de soluciones de marketing basadas en SaaS, experiencias de aplicaciones móviles para consumidores y programas de lealtad omnicanal, ha anunciado el nombramiento de Marc Shiffman en su junta directiva como Director Independiente Principal. Shiffman, un respetado líder empresarial, aporta una amplia experiencia de sus roles como CFO, Presidente y CEO de SMS Assist hasta su venta a principios de 2023.

Simultáneamente, Shawn Dym ha renunciado a la junta directiva con efecto a partir del 23 de septiembre de 2024. La junta ahora está compuesta por Sergey Sherman, Matt Sacks, Mark Silver y Marc Shiffman, junto con Jeffrey Harris como Presidente y CEO. El Comité de Auditoría incluye a Sergey Sherman como Presidente y a Marc Shiffman.

Springbig Holdings, Inc. (OTCQX: SBIG), SaaS 기반 마케팅 솔루션, 소비자 모바일 앱 경험 및 옴니채널 로열티 프로그램의 선도적인 제공업체가 Marc Shiffman을 이사회의 Lead Independent Director로 임명하였다고 발표했습니다. Shiffman은 존경받는 비즈니스 리더로서 2023년 초 SMS Assist의 CFO, 대통령 및 CEO로서의 역할에서 폭넓은 경험을 가져옵니다.

동시에 Shawn Dym은 2024년 9월 23일부로 이사회의 사임을 발표했습니다. 이사회는 현재 Sergey Sherman, Matt Sacks, Mark Silver 및 Marc Shiffman으로 구성되어 있으며, Jeffrey Harris가 의장 겸 CEO로 재직하고 있습니다. 감사위원회는 Sergey Sherman을 의장으로 하고 Marc Shiffman을 포함합니다.

Springbig Holdings, Inc. (OTCQX: SBIG), un fournisseur leader de solutions de marketing basées sur le SaaS, d'expériences d'applications mobiles pour consommateurs et de programmes de fidélité omnicanaux, a annoncé la nomination de Marc Shiffman au sein de son conseil d'administration en tant que Directeur Indépendant Principal. Shiffman, un leader d'entreprise respecté, apporte une vaste expérience de ses rôles en tant que CFO, Président et CEO de SMS Assist jusqu'à sa vente au début de 2023.

Simultanément, Shawn Dym a démissionné de son poste au conseil d'administration à compter du 23 septembre 2024. Le conseil est désormais composé de Sergey Sherman, Matt Sacks, Mark Silver et Marc Shiffman, avec Jeffrey Harris en tant que Président et CEO. Le Comité d'Audit inclut Sergey Sherman comme Président et Marc Shiffman.

Springbig Holdings, Inc. (OTCQX: SBIG), ein führender Anbieter von SaaS-basierten Marketinglösungen, mobilen App-Erlebnissen für Verbraucher und Omnichannel-Treueprogrammen, hat die Ernennung von Marc Shiffman in seinen Vorstand als Lead Independent Director bekannt gegeben. Shiffman, ein respektierter Unternehmer, bringt umfangreiche Erfahrungen aus seinen Rollen als CFO, Präsident und CEO von SMS Assist bis zum Verkauf Anfang 2023 mit.

Gleichzeitig hat Shawn Dym mit Wirkung zum 23. September 2024 aus dem Vorstand resigniert. Der Vorstand besteht nun aus Sergey Sherman, Matt Sacks, Mark Silver und Marc Shiffman, während Jeffrey Harris als Chairman und CEO fungiert. Das Prüfungskomitee umfasst Sergey Sherman als Vorsitzenden und Marc Shiffman.

Positive
  • Appointment of experienced business leader Marc Shiffman as Lead Independent Director
  • Shiffman's track record of driving growth and value creation in previous roles
  • Restructured board composition potentially bringing fresh perspectives
Negative
  • None.

BOCA RATON, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. (“Springbig” or the “Company”) (OTCQX: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced the appointment of Marc Shiffman to its board of directors as the Lead Independent Director. Mr. Shiffman is a respected business leader with extensive experience in his capacity as CFO, President and ultimately CEO of a leading property technology company SMS Assist until its sale in early 2023 to Lessen, Inc.

“We are excited to have Marc joining our board as lead independent director. We look forward to the Company benefitting from Marc’s experience and success in driving tremendous growth and value creation as we continue to focus on financially disciplined growth in the cannabis industry and other regulated markets that benefit from our compelling loyalty and communications offerings.” said Jeffrey Harris, CEO and Chairman of Springbig.

Marc Shiffman is the former president and chief executive officer at SMS Assist, where he also served on the board of directors. Before being named CEO in April 2019, Marc was president and chief financial officer. Marc successfully scaled and sold SMS Assist to Lessen, Inc. in January 2023 with the combination creating a $2 billion market leading end-to-end technology platform serving the property services management industry. Marc earned his bachelor’s degree in economics from the Wharton School of the University of Pennsylvania and his MBA from The University of Chicago Booth School of Business. Marc currently serves on the Chicago Innovation Board of Advisors.

The Company also announced that Shawn Dym has resigned from the board of directors with effect from September 23, 2024.

Jeffrey Harris said, “Shawn has added great value during his tenure as a director since joining the board following completion of our debt financing in January 2024. In recognizing the impact Marc Shiffman’s involvement can have on the future success of the business he graciously decided that it would be in the best interest of the Company to resign to enable Marc to join the board. We are grateful for Shawn’s commitment and continued support to best position Springbig for success.”

The board of directors now comprises Sergey Sherman, Matt Sacks, Mark Silver and Marc Shiffman along with Jeffrey Harris, Chairman and CEO. The Audit Committee comprises Sergey Sherman, Chair, and Marc Shiffman.

About Springbig

Springbig is a market-leading software platform providing customer loyalty and marketing automation solutions to retailers and brands in the U.S. and Canada. Springbig’s platform connects consumers with retailers and brands, primarily through SMS marketing, as well as emails, customer feedback system, and loyalty programs, to support retailers’ and brands’ customer engagement and retention. Springbig offers marketing automation solutions that provide for consistency of customer communication, thereby driving customer retention and retail foot traffic. Additionally, Springbig’s reporting, and analytics offerings deliver valuable insights that clients utilize to better understand their customer base, purchasing habits and trends. For more information, visit https://springbig.com/.

Investor Relations Contact        

Paul Sykes
Chief Financial Officer

Claire Bollettieri
VP of Investor Relations
ir@springbig.com


FAQ

Who is the new Lead Independent Director of Springbig (SBIG)?

Marc Shiffman has been appointed as the new Lead Independent Director of Springbig (SBIG).

What is Marc Shiffman's background before joining Springbig's board?

Marc Shiffman was previously the CEO, President, and CFO of SMS Assist, a property technology company, until its sale to Lessen, Inc. in early 2023.

Who resigned from Springbig's board of directors on September 23, 2024?

Shawn Dym resigned from Springbig's board of directors effective September 23, 2024.

How many members are now on Springbig's (SBIG) board of directors?

Springbig's board of directors now comprises five members: Sergey Sherman, Matt Sacks, Mark Silver, Marc Shiffman, and Jeffrey Harris as Chairman and CEO.

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