Inuvo Appoints Leading Ad Industry Executive Jonathan Bond and Senior Capital Markets Executive Kenneth Lee to the Board of Directors
March 28 2022 - 4:05PM
Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing
technology, powered by artificial intelligence (AI) that serves
brands and agencies, today announced the appointments of two new
independent members to the Board of Directors: Jonathan Bond, a
proven marketing and advertising thought leader and entrepreneur,
as well as Kenneth Lee, an accomplished capital markets and
investments executive and entrepreneur. The appointments of Mr.
Bond and Mr. Lee increase the Board of Directors to six members.
Rich Howe, Chairman and Chief Executive Officer of Inuvo,
commented, “We are pleased to welcome Jon and Ken to the Inuvo
board where their respective experiences, relationships, and
leadership complement the successful backgrounds of our current
board members. Jon brings over 35 years of relevant sector
expertise and is one of the industry’s most recognized thought
leaders. Ken brings an impressive track record and decades of
experience in portfolio management and corporate finance. We
believe their combined skills will support our continued growth as
we further establish ourselves as an industry leader by leveraging
our first-in-class AI platform. Moreover, we believe the additions
of these two independent directors further reinforces our
commitment to the highest levels of corporate governance.”
Mr. Bond previously served the Co-Founder and Chief
Executive Officer of Kirshenbaum Bond Senecal & Partners
LLC (“KBP”), a global advertising and marketing agency. Prior
to KBP, Mr. Bond served as the Chief Executive Officer of Big
Fuel (now part of Publicis), one of the world’s largest social
media agencies that serves blue chip clients. He helped establish
iballs, one of the first online media agencies, which sold to
Microsoft in the early 2000s. He also co-founded Media Kitchen and
Varick under the KBP umbrella. From 2015 to December 2016,
Mr. Bond was the founder of Tomorro LLC, an
innovation consultancy. From January 2017 to June 2018,
Mr. Bond was the Co-Chairman at The Shipyard, a
full-service advertising agency focused on data science, which
acquired Tomorro LLC. From June 2017 to June 2020,
Mr. Bond was the Chairman and director of SITO Mobile,
Ltd. He is currently fractional CMO/partner of Blue Bear
Protection, Lacure and Halo Collar and a member of the board
of directors of Sonobi, Inc. Mr. Bond has had investments
and/or board roles at White Ops, Compound (formerly known as
Metamorphic Ventures), TZP Group, Victors and Spoils (now part
of Havas), Simplifi, Appinions, Data Xu, BlackBook magazine and
Klout. Mr. Bond received a Bachelor of Arts from
Washington University (St. Louis).
Mr. Lee is a Senior Vice President at Ingalls & Snyder, a
registered investment advisor and broker-dealer in New York with
over $8 billion in assets managed or advised firmwide, where he
manages and co-manages customized portfolios for private clients,
investment partnerships and institutions. Mr. Lee came to Ingalls
in 2018 with a group of clients that trace back to Bridgehampton
Capital Management LLC, which Mr. Lee founded in 2006, and merged
into Tocqueville Asset Management in 2014. Prior to starting his
own firm, Mr. Lee joined Salomon Brothers Asset Management (SBAM)
in 1998 where he managed over $1 billion in convertible and
corporate bonds in a multi-strategy hedge fund setting within SBAM.
Prior to SBAM, Mr. Lee worked for Brown Brothers Harriman in
sell-side equity research focusing on technology and financial
services firms. In addition, he has had multiple leadership roles
on non-profit boards and is a member of the board of directors of
CCX Network, Inc., a private telecommunications identity startup.
Mr. Lee has a B.A. in History from Wesleyan University and an
M.B.A. in Finance and Management from the Stern School of Business,
New York University.
About InuvoInuvo®, Inc. (NYSE American: INUV)
is a market leader in Artificial Intelligence built for
advertising. Its IntentKey AI solution is a first-of-its-kind
proprietary and patented technology capable of identifying and
actioning to the reasons why consumers are interested in products,
services, or brands, not who those consumers are. To learn more,
visit www.inuvo.com.
Safe Harbor / Forward-Looking StatementsThis
press release contains “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including, without limitation risks detailed from time to time in
our filings with the Securities and Exchange Commission (the
“SEC”), and represent our views only as of the date they are made
and should not be relied upon as representing our views as of any
subsequent date. You are urged to carefully review and consider any
cautionary statements and other disclosures, including the
statements made under the heading "Risk Factors" in Inuvo, Inc.'s
Annual Report on Form 10-K for the fiscal year ended December 31,
2021 as filed on March 17, 2022, our Quarterly Reports on Form
10-Q, and our other filings with the SEC. Additionally,
forward looking statements are subject to certain risks, trends,
and uncertainties including the continued impact of Covid-19 on
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that the assumptions upon which these forward-looking statements
are based will prove to have been correct. Should one of these
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incorrect, actual results may vary materially from those expressed
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Inuvo Company Contact: Wally Ruiz Chief
Financial Officer Tel (501) 205-8397 wallace.ruiz@inuvo.com
Investor Relations:David Waldman / Natalya
RudmanCrescendo Communications, LLCTel: (212)
671-1020inuv@crescendo-ir.com
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