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VERSES® Appoints Public Market Veteran James Christodoulou as Chief Financial Officer

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VERSES AI (OTCQB:VRSSF) has appointed James Christodoulou as Chief Financial Officer, with former CFO Kevin Wilson transitioning to Executive Vice President - Finance and Accounting. Christodoulou brings extensive experience from various sectors including FINTECH, EV Mobility, and Logistics, with notable achievements in capital markets.

Christodoulou's recent positions include Head of Capital Markets at Exodus Movement, where he facilitated the company's billion-dollar NYSE uplisting, and Director of Finance at Collectable Technologies Inc. His track record includes successful capital raises of $280 million at Blink Charging Co. and leading multiple IPOs totaling over $547 million across various companies.

The appointment aligns with VERSES' transition into its commercial growth phase, leveraging Christodoulou's expertise in capital markets and scaling businesses. He holds a BA from Rutgers University, an MBA from Columbia Business School, and various FINRA certifications.

VERSES AI (OTCQB:VRSSF) ha nominato James Christodoulou come Chief Financial Officer, con l'ex CFO Kevin Wilson che passa a Vicepresidente Esecutivo - Finanza e Contabilità. Christodoulou porta una vasta esperienza da vari settori, tra cui FINTECH, mobilità elettrica e logistica, con risultati notevoli nei mercati dei capitali.

Le posizioni recenti di Christodoulou includono quella di Responsabile dei Mercati dei Capitali presso Exodus Movement, dove ha facilitato l'up-listing della società da un miliardo di dollari alla NYSE, e Direttore Finanziario presso Collectable Technologies Inc. Il suo curriculum include raccolte di capitali di successo per $280 milioni presso Blink Charging Co. e la guida di numerose IPO per un totale di oltre $547 milioni tra diverse aziende.

La nomina è in linea con la transizione di VERSES verso la fase di crescita commerciale, sfruttando l'expertise di Christodoulou nei mercati dei capitali e nella scalabilità delle imprese. Ha conseguito una laurea presso la Rutgers University, un MBA presso la Columbia Business School e varie certificazioni FINRA.

VERSES AI (OTCQB:VRSSF) ha nombrado a James Christodoulou como Director Financiero, con el ex CFO Kevin Wilson pasando a Vicepresidente Ejecutivo - Finanzas y Contabilidad. Christodoulou aporta una amplia experiencia de diversos sectores, incluyendo FINTECH, movilidad eléctrica y logística, con logros notables en los mercados de capitales.

Las posiciones recientes de Christodoulou incluyen Jefe de Mercados de Capital en Exodus Movement, donde facilitó la cotización de la compañía en la NYSE por mil millones de dólares, y Director de Finanzas en Collectable Technologies Inc. Su historial incluye exitosas recaudaciones de capital de $280 millones en Blink Charging Co. y la dirección de múltiples IPOs que suman más de $547 millones en varias empresas.

El nombramiento se alinea con la transición de VERSES hacia su fase de crecimiento comercial, aprovechando la experiencia de Christodoulou en los mercados de capitales y en la escalabilidad de negocios. Tiene una licenciatura de la Rutgers University, un MBA de la Columbia Business School y varias certificaciones FINRA.

VERSES AI (OTCQB:VRSSF)는 James Christodoulou를 최고재무책임자(CFO)로 임명했으며, 이전 CFO인 Kevin Wilson은 재무 및 회계 부사장으로 전환됩니다. Christodoulou는 FINTECH, 전기차 이동성, 물류 등 다양한 분야에서의 풍부한 경험을 가지고 있으며, 자본 시장에서의 주목할 만한 성과를 보유하고 있습니다.

Christodoulou의 최근 직책에는 Exodus Movement의 자본 시장 책임자가 포함되어 있으며, 여기서 그는 회사의 10억 달러 규모의 NYSE 상장 작업을 지원했습니다. 또한 Collectable Technologies Inc.의 재무 이사로 재직했습니다. 그의 경력에는 Blink Charging Co.에서 2억 8천만 달러의 자본을 성공적으로 조달한 것과 여러 기업에서 총 5억 4천 7백만 달러 이상의 IPO를 이끌었던 경험이 포함됩니다.

이번 임명은 VERSES가 상업적 성장 단계로 전환하는 것과 일치하며, Christodoulou의 자본 시장 및 비즈니스 확장에 대한 전문성을 활용하고 있습니다. 그는 Rutgers University에서 학사 학위를, Columbia Business School에서 MBA를 취득했으며, 다양한 FINRA 인증을 보유하고 있습니다.

VERSES AI (OTCQB:VRSSF) a nommé James Christodoulou au poste de Directeur Financier, l'ancien CFO Kevin Wilson passant au poste de Vice-Président Exécutif - Finances et Comptabilité. Christodoulou apporte une vaste expérience de divers secteurs, y compris le FINTECH, la mobilité électrique et la logistique, avec des réalisations notables sur les marchés des capitaux.

Les postes récents de Christodoulou incluent Responsable des Marchés de Capitaux chez Exodus Movement, où il a facilité l'introduction en bourse de la société d'un milliard de dollars à la NYSE, et Directeur Financier chez Collectable Technologies Inc. Son parcours comprend des levées de fonds réussies de 280 millions de dollars chez Blink Charging Co. et la direction de plusieurs IPO totalisant plus de 547 millions de dollars dans diverses entreprises.

La nomination s'aligne avec la transition de VERSES vers sa phase de croissance commerciale, tirant parti de l'expertise de Christodoulou dans les marchés de capitaux et l'échelle des entreprises. Il détient un BA de l'Université Rutgers, un MBA de la Columbia Business School et diverses certifications FINRA.

VERSES AI (OTCQB:VRSSF) hat James Christodoulou zum Chief Financial Officer ernannt, während der ehemalige CFO Kevin Wilson in die Position des Executive Vice President - Finanzen und Buchhaltung wechselt. Christodoulou bringt umfassende Erfahrungen aus verschiedenen Sektoren mit, darunter FINTECH, E-Mobilität und Logistik, und hat bemerkenswerte Erfolge an den Kapitalmärkten erzielt.

Zu Christodoulous aktuellen Positionen gehört der Leiter der Kapitalmärkte bei Exodus Movement, wo er die milliardenschwere NYSE-Notierung des Unternehmens ermöglicht hat, sowie der Finanzdirektor bei Collectable Technologies Inc. Sein Leistungsausweis umfasst erfolgreiche Kapitalbeschaffungen von 280 Millionen Dollar bei Blink Charging Co. und die Leitung mehrerer IPOs mit einem Gesamtvolumen von über 547 Millionen Dollar in verschiedenen Unternehmen.

Die Ernennung steht im Einklang mit dem Übergang von VERSES in die Phase des kommerziellen Wachstums und nutzt Christodoulous Expertise in den Kapitalmärkten und bei der Skalierung von Unternehmen. Er hat einen BA von der Rutgers University, einen MBA von der Columbia Business School und verschiedene FINRA-Zertifizierungen.

Positive
  • Appointment of seasoned CFO with proven track record in capital raising ($280M at Blink Charging)
  • Strong expertise in public markets and successful IPO executions ($547M+ total)
  • Experience in scaling businesses across FINTECH, EV Mobility, and other sectors
  • Retention of existing finance team ensures operational continuity
Negative
  • None.

Public Markets CFO Hired as Company Enters Next Phase

VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”) a cognitive computing company specializing in next-generation intelligent software systems, announces that the Company has named James Christodoulou as Chief Financial Officer of VERSES Inc. With this addition, the current finance team will remain in place and former CFO Kevin Wilson will assume the role of Executive Vice President - Finance and Accounting.

Mr. Christodoulou brings decades of C-level leadership at privately held and publicly listed companies on the NYSE and NASDAQ. His experience includes FINTECH, EV Mobility, Electrification, Logistics, International Maritime, Energy, and Industrial sectors. As CEO of Industrial Shipping Enterprises Mr. Christodoulou negotiated with Somali pirates when they hijacked one of his tankers. In addition to his extensive capital markets experience, James has helped build and scale businesses for more than 25 years.

Mr. Christodoulou comes to VERSES from Exodus Movement, one of the largest non-custodial crypto wallet, payment, and exchange platforms, where he was Head of Capital Markets and Corporate Development. He was instrumental in Exodus’ groundbreaking billion-dollar uplisting to the NYSE, becoming the first company in the U.S. to trade on a national stock exchange and digitally on Blockchain. He also established relationships between EXOD and Wall Street investment banks, research analysts and investors.

“On behalf of VERSES I want to welcome James to the team,” said Gabriel René, Founder and CEO of VERSES. “I am excited to leverage his wealth of capital markets experience, and I look forward to working with him as we move into the commercial growth phase of our business.”

From June 2022 to March 2024, Mr. Christodoulou was Director of Finance at Collectable Technologies Inc. (CTI), an early-stage PE sponsored FINTECH online platform and broker dealer that democratizes the ability to own high-end collectable assets that were once only available to financial institutions, collectors, or high net-worth individuals.  While there, he successfully managed the merger of CTI into a European-based holding company.  From May 2021 to January 2023, Mr. Christodoulou was the CFO of Ryze Renewables, with the aim of building one of the largest independent renewable diesel refining companies in the United States.  Before that, he was President, Chief Operating Officer and Director of Blink Charging Co. (NASDAQ), a vertically integrated, manufacturing company which owns and operates an international network of EV charging stations and owns the largest network of EV chargers in the US.  While at BLNK, he grew and expanded sales internationally and oversaw capital raises of $280 million in multiple follow-on offerings.  Prior to this, Mr. Christodoulou spent years in the shipping industry in leadership roles leading the IPOs at General Maritime Corp., Inc., (NYSE) for $165MM, Ocean Freight Inc., (NASDAQ) for $235MM and Top Tankers (NASDAQ) for $147M.

“I am thrilled to join VERSES and be part of an amazing team of people who are working together to commercialize an emerging technology," said James Christodoulou. “I am confident that my decades of capital markets experience and ability to bring proven business practices to cutting edge business models will have a positive impact on the Company and its business.”

Mr. Christodoulou leveraged his capital markets experience and, for a time, was Managing Director & Director of Research at Dahlman Rose & Co. (DRCO), a full-service investment bank and broker dealer specializing in the maritime transportation, logistics, energy and natural resources sectors.

Mr. Christodoulou was the CEO of Industrial Shipping Enterprises, when its oil tanker Biscaglia was hijacked by Somali Pirates who held the ship and crew hostage for 58 days. James personally negotiated with the pirates for the safe release of his ship and crew. As a result of his unique first-hand experience, James lectures worldwide on Crisis Management and Risk Mitigation.

Mr. Christodoulou attended Rutgers University for his BA and Columbia Business School for his MBA where he was class president. He is a CFA Level III Candidate and received the Series 7, Series 63, Series 86, and Series 87 FINRA Certifications.

About VERSES

VERSES is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius, is a suite of tools for machine learning practitioners to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at verses.aiLinkedIn, and X.

On behalf of the Company 

Gabriel René, Founder & CEO, VERSES AI Inc.

Press Inquiries: press@verses.ai 

Investor Relations Inquiries 

U.S., Matthew Selinger, Partner, Integrous Communications, mselinger@integcom.us 415-572-8152

Canada, Leo Karabelas, President, Focus Communications, info@fcir.ca 416-543-3120

Cautionary Note Regarding Forward-Looking Statements

When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although VERSES believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this press release include, among other things, statements regarding the expected impacts of the appointment of Mr. Christodoulou as CFO on the Company and its business.

There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. In making the forward-looking statements in this news release, the Company has applied various material assumptions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause VERSES actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors may include, among other things, the ability of Mr. Christodoulou to leverage his past experience and effectively use his role as CFO to positively impact the Company and its business. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of its securities or its financial or operating results (as applicable).

Additionally, forward-looking statements involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the risk that the appointment of Mr. Christodoulou as CFO may not have the anticipated impact on the Company or its business. VERSES cautions that the foregoing list of material factors is not exhaustive. When relying on VERSES’ forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. VERSES has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of VERSES as of the date of this press release and, accordingly, are subject to change after such date. VERSES does not undertake to update this information at any particular time except as required in accordance with applicable laws.


FAQ

What experience does James Christodoulou bring to VERSES AI (VRSSF) as the new CFO?

He brings decades of C-level leadership experience in public companies, including successful capital raises of $280M at Blink Charging and leading IPOs totaling $547M across multiple companies.

How will VRSSF's former CFO Kevin Wilson continue with the company?

Kevin Wilson will remain with VERSES AI as Executive Vice President - Finance and Accounting, while the current finance team stays in place.

What was Christodoulou's role in Exodus Movement's NYSE listing?

As Head of Capital Markets, he was instrumental in Exodus' groundbreaking billion-dollar uplisting to NYSE, making it the first company to trade both on a national exchange and digitally on Blockchain.

What are the strategic implications of VRSSF's new CFO appointment?

The appointment signals VERSES' transition into its commercial growth phase, leveraging Christodoulou's capital markets expertise and experience in scaling businesses.

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