authID Announces Ed Sellitto as Incoming Chief Financial Officer
August 03 2023 - 8:00AM
authID.ai [Nasdaq: AUID], a leading provider of secure identity
verification and authentication solutions, today announced that Ed
Sellitto will be appointed as Chief Financial Officer effective
August 15, 2023. Mr. Sellitto will succeed Annie Pham, who will
step down from her position to pursue other opportunities. Ms. Pham
will remain with the Company through the announcement and filing of
the Company’s Q2 2023 results and thereafter to help ensure a
smooth transition.
Mr. Sellitto is a seasoned financial executive, with over
fifteen years of experience in revenue optimization and financial
operations roles supporting high-growth B2B, SaaS organizations to
build and optimize their go-to-market operations. Most recently, he
served as Vice President, Revenue Operations at Zero Hash, a
Digital Asset-as-a-Service infrastructure provider.
“I am excited to welcome Ed to the authID leadership team as our
next CFO,” said Rhon Daguro, authID CEO. “Having previously worked
with Ed in a business that we grew to over $100M in ARR in 3 years,
I respect his exceptional intellect and agility and proven success
in helping drive revenue optimization for high growth SaaS
organizations. Ed will be integral to our efforts to grow our
business and improve operational efficiency, in order to help
authID advance to the next level of market leadership.”
“I look forward to joining the authID leadership team and
collaborating closely with Rhon to help the Company drive revenue
growth and achieve its business goals,” said Ed Sellitto. “I
very much thrive in a growth-oriented company, and I am eager to
leverage my domain experience in identity, strategic thinking,
financial discipline, and tactical execution skills to help
accomplish authID’s growth targets and drive value for our
customers and shareholders.”
“I would like to thank Annie for her efforts and support, as I
got to work with her over the last few months, in particular in
helping close our recent fund raise and note conversion and regain
compliance with Nasdaq listing standards” said Rhon Daguro, CEO of
authID. “She has been an integral part of helping to lead the
company and we wish her all the best in her next endeavors.”
Mr. Sellitto’s compensation package includes basic salary, bonus
opportunity based on achievement of future Company milestones, and
a grant of options to purchase 50,000 shares of new Common Stock
following the commencement of his employment, pursuant to Nasdaq
Rule 5635(c)(4).
About Ed Sellitto
Ed has over 15 years of experience in Financial Management
and Revenue Operations roles supporting a wide range of
industries and company sizes, from startups to Fortune 100
organizations. Currently he is the Vice President of Revenue
Operations at Zero Hash, where he built the Revenue Operations
function. Prior to that position, he worked with multiple high
growth SaaS startups including serving as Head of Go-To-Market
Financial Planning & Analysis at Sprinklr (NYSE:CXM), Vice
President of Revenue Operations at Socure, Director of Sales
Operations at SmartSource Rentals, and Director of Customer Success
Operations at Newsela, a venture-backed EdTech SaaS company.
Early in his career, Ed also served in Revenue Operations roles
at Fortune 500 companies such as American Express and News Corp/Dow
Jones, where he held a variety of financial, analytical, and
revenue optimization roles of increasing responsibility. Ed holds
an MBA in Corporate Finance and Strategy from the Stern School of
Business at New York University.
About authID Inc.At
authID® (Nasdaq: AUID), We Are Digital Identity®.
authID provides secure identity verification
and authentication through Verified™, an easy-to-integrate,
biometric strong authentication platform. Verified combines
document-based identity verification with strong FIDO2
passwordless device authentication and cloud facial biometrics
to deliver identity-first cybersecurity for both
workforce and consumer applications. Powered by sophisticated
facial biometric algorithms and artificial intelligence
technologies, authID establishes trusted digital identities,
binds an identity to provisioned devices, and eliminates the risks
of passwords to deliver the fast, frictionless, and accurate
user identity solutions demanded by today’s digital economy.
authID Media Contact
Rhon DaguroChief Executive
Officerinvestorrelations@authid.ai
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