Genius Group Announces the Appointment of Richard Berman as Audit Committee Chair
Genius Group, a Singapore-based public limited company,
announced that its Board of Directors appointed Richard Berman as
its Audit Committee Chair, as of March 31, 2022. Mr. Berman joined
Genius Group’s Board of Directors in January 2022.
Mr. Berman’s business career spans over 35 years
of venture capital, senior management, and merger &
acquisitions experience. In the past 5 years, he has served as a
director and/or officer of various public and private companies.
Currently, he is a director of four public NASDAQ companies-
Cryoport Inc., COMSovereign Holding Corp., BioVie Inc., and Context
Therapeutics Inc. Over the last decade he has served on the board
of 5 companies that have reached over one billion in market
capitalization – Cryoport, Advaxis, EXIDE, Internet Commerce
Corporation, and Ontrak (Catasys). Previously, Mr. Berman worked at
Goldman Sachs; was Senior Vice President of Bankers Trust Company,
where he started the M&A and Leveraged Buyout Departments.
Mr. Berman is a past Director of the Stern
School of Business of NYU, where he obtained his B.S. and M.B.A.
degrees. He also has U.S. and foreign law degrees from Boston
College and the Hague Academy of International Law,
“We’re thrilled to welcome Richard to the
important role of Audit Chair,” commented Roger James Hamilton,
founder and CEO of Genius Group. “Following our IPO on NYSE
American, having a strong team with extensive public company
experience provides significant value. Richard brings a wealth of
experience in this regard and is a tremendous addition to our
About Genius Group
Genius Group is a world-leading entrepreneur
Edtech and education group, with a mission to disrupt the current
education model with a student-centered, life-long learning
curriculum that prepares students with the leadership,
entrepreneurial and life skills to succeed in today’s market. The
group has over 2.7 million students in 200 countries, ranging
from ages 0 to 100. The group includes four pre-IPO companies (the
“Pre-IPO Group”), and four companies acquired at the time of, or
shortly after, the closing of the company’s initial public offering
(the “IPO Acquisitions”).
education system of our Pre-IPO Group has been delivered virtually
and in-person, in multiple languages, locally and globally mainly
via the Pre-IPO Group’s artificial intelligence (AI)-powered,
personalized GeniusU Edtech platform to adults seeking to grow
their entrepreneur and leadership skills.
The Pre-IPO Group includes Genius Group,
GeniusU, Entrepreneurs Institute and Entrepreneur Resorts. This
group of entrepreneur education companies has grown through organic
growth and acquisitions, with a focus on adding value to each
company through GeniusU, which is being developed to provide
AI-driven personal recommendations and guidance for each student.
The Pre-IPO Group is now expanding its education system to age
groups beyond its current adult audience, to children and young
adults. The four IPO Acquisitions are the first step towards this.
They include: Education Angels, which provides early learning in
New Zealand for children from 0-5 years old; E-Square, which
provides primary and secondary school education in South Africa;
University of Antelope Valley, which provides vocational
certifications and university degrees in California, USA; and
Property Investors Network, which provides property investment
courses and events in England.
Genius Group’s current plan is to combine the
education programs of the IPO Acquisitions with its current
education programs and Edtech platform as part of one lifelong
learning system, and it has selected these acquisitions because
they already share aspects of the Genius curriculum and its focus
on entrepreneur education.
This press release contains statements that
constitute “forward-looking statements”. Forward-looking statements
are subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s final prospectus for its initial
public offering filed with the SEC. Copies are available on the
SEC’s website, www.sec.gov. The Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
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