VERB To Appoint Experienced International Attorney and Public Company Director Judith Hammerschmidt to its Board of Directors...
December 16 2019 - 9:30AM
VERB Technology Company, Inc. (NASDAQ:
VERB) (“VERB” or the “Company”), a leader in
business-focused interactive video CRM, marketing, and sales
enablement applications, expects to add two new members to its
board of directors. The first one, announced today is Judith
Hammerschmidt, who is expected to be appointed to its board of
directors at the organizational meeting of the board that will be
held immediately after the Company’s Annual Meeting of Stockholders
on December 20, 2019. The second appointment will be
announced later this week, bringing the total number of VERB
directors to six directors, including five independent directors
and one inside director.
Ms. Hammerschmidt will bring to VERB’s board nearly 40 years of
experience as an international attorney, corporate general counsel,
and public company director, with experience at the highest levels
of the direct sales industry. Ms. Hammerschmidt is the
principal of JLH Advisors, LLC, through which she serves as outside
counsel and advisor to global companies looking to expand both
domestically and internationally. Ms. Hammerschmidt began her
legal career at The United States Department of Justice (DOJ),
where she served as a Special Assistant to two consecutive
Attorneys General. As Special Assistant, she focused on
international matters of interest to the U.S. government, including
negotiating treaties and agreements with foreign governments.
Following her tenure at the DOJ, Ms. Hammerschmidt joined
Dickstein, Shapiro & Morin, LLP, a Washington, DC-based law
firm, where she represented global companies as they expanded into
highly-regulated environments. Her client base included:
Guess?, Inc., Pfizer Inc., Merck & Co., Inc., The Receiver for
BCCI Bank of the United Arab Emirates, Recycled Paper Products, and
Herbalife International, Inc., among many others. In 1994,
Ms. Hammerschmidt joined Herbalife International as Vice President
and General Counsel of Europe and was promoted to Executive Vice
President and International Chief Counsel in 1996, where she was
responsible for managing all legal matters across 60
countries. Ms. Hammerschmidt served as an integral part of
the management group that sold Herbalife International in 2002.
Ms. Hammerschmidt received her B.A. in Public Policy and
Political Science from Duke University and her J.D. from the
University of Pittsburgh School of Law.
“Judith will be an amazing addition to our board and will be
joining VERB at a pivotal time in our Company’s current growth
trajectory,” said VERB Chairman and CEO Rory J. Cutaia. “Judith has
a wealth of expertise advising companies on their international
expansion. We look forward to benefiting from her unique
insights and expertise as we expand our footprint into
international markets.”
Ms. Hammerschmidt commented: “It’s an honor to be able to join
VERB’s board and to work with Rory and the management team to
further the Company’s success and traction in both domestic and
international markets.”
About VERBVERB Technology Company,
Inc. (NASDAQ: VERB) is rapidly emerging as the market
leader in interactive video-based customer relationship management
(“CRM”) sales and marketing applications. With offices in
California and Utah, VERB provides next-generation CRM lead
generation, sales enablement, and video marketing software
applications to sales-based organizations in 60 countries and in 48
languages. The Company's proprietary and patent-pending technology
platform produces real-time, measurable results with some customers
reporting greater than 600% increases in conversion rates. The
Company’s software-as-a-service (SaaS) products are cloud-based,
accessible on all mobile and desktop devices, and are available by
subscription for individual and enterprise users. The Company’s
technology is integrated into popular ERP, CRM, and marketing
platforms, including Oracle NetSuite, Adobe Marketo, and
integrations into Salesforce.com, Odoo, and Microsoft, among others
are underway. For more information, please visit: verb.tech.
Forward-Looking and Cautionary Statements This
press release may contain “forward-looking” information within the
meaning of the Private Securities Litigation Reform Act of 1995. In
accordance with the safe harbor provisions of this Act, statements
contained herein that look forward in time that include everything
other than historical information, involve risks and uncertainties
that may affect the Company’s actual results. There can be no
assurance that such statements will prove to be accurate and there
are a number of important factors that could cause actual results
to differ materially from those expressed in any forward-looking
statements made by the Company, including, but not limited to,
plans and objectives of management for future operations or
products, the market acceptance or future success of our products,
and our future financial performance. The Company cautions that
these forward-looking statements are further qualified by other
factors including, but not limited to, those set forth in the
Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2018, and other filings with the U. S. Securities and
Exchange Commission (available at www.sec.gov). The Company
undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events, or otherwise.
Media Contact:855.250.2300,
ext.107info@myverb.com
Investor Relations Contact:Matt Glover and Tom
ColtonGateway Investor
Relations949.574.3860VERB@gatewayir.com
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