CISO GLOBAL APPOINTS TECH VETERAN BRETT CHUGG TO BOARD OF DIRECTORS; CHUGG TO HELP USHER IN NEXT STAGE OF GROWTH
February 27 2024 - 8:30AM
CISO Global (NASDAQCM: CISO), an industry leader as a managed
cybersecurity and compliance provider, has named Brett Chugg to its
Board of Directors. With the appointment of tech veteran Chugg,
CISO Global is well positioned for its next stage of growth
underpinned by its software-first product platform strategy.
Chugg most recently served as senior managing
director at Koch Disruptive Technologies, a venture and growth
equity investment group at Koch Industries known for its
high-performance, high-impact lines of business. During his 25
years at Koch, he led bespoke, structured financial solutions,
M&A, and multiple company growth strategies.
Chugg also has served as a director on several
high-growth company boards most recently, including: Insightec,
Vayyar, Valo Health, Shine Technologies, and Cohere Communications.
Chugg brings significant experience as an investor and leader in
technology with global, multi-industry experience including
hardware, software, manufacturing, healthcare, and petrochemical
markets.
“CISO Global is undergoing transformative
growth," said David Jemmett, CEO. “This is a pivotal time for Brett
to join our company and further enable its continued evolution with
his deep experience, strategic capabilities and highly sought after
business acumen. He shares our vision of the critical role our
talent and software-first solutions are playing in outpacing
competitors with our leading managed security and compliance
services.”
“CISO Global has amazing potential,” said Chugg.
“The company has an established foundation that makes it a leader
in the space, and I am looking forward to meaningfully contributing
to its future success as a key member of the board. With
complementary and developing capabilities, a shared vision, and a
strong, values-based team, we align well to propel CISO Global to
the next stage of growth.”
About CISO Global
CISO Global (NASDAQCM: CISO), based in
Scottsdale, Arizona, is a Top #25 managed cybersecurity and
compliance services provider that is delivering innovative
solutions through its newly developed AI and
ML-powered product portfolio. The company protects the most
demanding businesses and government organizations against
continuing and emerging security threats and ensures their
compliance obligations are being met. For more information about
the company, visit CISO Global on LinkedIn, X or at
www.ciso.inc.
Safe Harbor Statement
This news release contains certain statements
that may be deemed to be forward-looking statements under federal
securities laws, and we intend that such forward-looking statements
be subject to the safe-harbor created thereby. Such forward-looking
statements include, among others, our belief that we are an
industry leader in cybersecurity; our belief that Chugg is a
veteran in the technology field; our belief that Chugg is
well-positioned to usher in the next stage of the company’s growth
with its software-first product platform strategy; our belief that
Chugg brings meaningful experience as an investor and leader in
technology with global, multi-industry experience; our belief that
our company is undergoing transformative growth; our belief that
this is a pivotal time for Chugg to join our company; our belief
that Chugg brings deep experience, strategic capabilities and
business acumen to his position on our Board; our belief that Chugg
shares the company’s vision and that he will bring value to the
company’s transition to a software led cybersecurity company; our
belief that we have an established foundation that makes us a
leader in the cybersecurity space; our belief that we deliver
innovative solutions through our developed AI and ML-powered
product portfolio and our belief that we protect businesses and
government organizations against security threats and ensure they
meet their compliance obligations. These statements are often, but
not always, made through the use of words or phrases such as
"believes," "expects," "anticipates," "intends," "estimates,"
“predict,” "plan," “project,” “continuing,” “ongoing,” “potential,”
“opportunity,” "will," "may," "look forward," "intend," "guidance,"
"future" or similar words or phrases. These statements reflect our
current views, expectations, and beliefs concerning future events
and are subject to substantial risks, uncertainties, and other
factors that could cause actual results to differ materially from
those reflected by such forward-looking statements. Such factors
include, among others, risks related to our ability to raise
capital; our ability to increase revenue and cash flow and become
profitable; our ability to recruit and retain key talent; our
ability to identify and consummate acquisitions; our ability to
acquire, attract, and retain clients; and other risks detailed from
time to time in the reports filed with the Securities and Exchange
Commission, including the Annual Report on Form 10-K for the fiscal
year ended December 31, 2022. You should not place undue reliance
on any forward-looking statements, which speak only as of the date
they are made. Except as required by law, we assume no obligation
and do not intend to update any forward-looking statements, whether
as a result of new information, future developments, or
otherwise.
Media Inquiries:
Janet Brumfield Ideal PR+ for CISO
Global 614.582.9636janet@idealprplus.com
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