ShiftPixy Expands Its Board of Directors
October 02 2017 - 11:14AM
ShiftPixy, Inc. (NASDAQ:PIXY) (“ShiftPixy”), an on-demand human
capital platform that syncs work opportunities from shift-based
employers with ready-for-hire workers, announced today that it has
retained Whitney White and Sean Higgins to serve as independent
directors on its Board of Directors.
From April 2017 to date, Mr. White has been
Chief Operating Officer & Chief Technology Officer of Prime
Trust, LLC, a Nevada chartered trust company. Prior to his service
with Prime Trust, Mr. White spent 17 years with W.R. Hambrecht +
Co., LLC., an investment banking, advisory and brokerage firm that
was the Underwriter of ShiftPixy’s recently completed Regulation A
offering. During his tenure with W.R. Hambrecht + Co., he served in
various key roles, including Chief Technology Officer and most
recently as Managing Director, Equity Capital Markets. Mr.
White earned a bachelor’s degree in computer science &
psychology from Hamilton College, a master of business
administration degree in finance and accounting from Columbia
University’s Graduate School of Business, and he also received a
master of business administration degree in technology and
entrepreneurship from the University of California Berkeley’s Hass
School of Business. Mr. White holds a Series 79 license as an
Investment Banking Representative, a Series 24 license as a General
Securities Principal, and a Series 7 license as a General
Securities Representative. As a member of the board, Mr.
White contributes the benefits of decades of leadership and
management experience building and advising early stage,
technology-driven companies. Mr. White’s investment banking
experience brings extensive corporate finance and governance
expertise to the board. As a senior technologist, Mr. White
brings to ShiftPixy years of experience enabling technology that
enhances traditional business processes. Mr. White will serve
as chairman of the Compensation Committee and the Nominations
Committee, and he will also serve on the Audit Committee.
Mr. Higgins is co-founder and Vice President of
Professional Services of Herjavec Group, an information security
solutions firm headquartered in Toronto, Ontario, since December
2002. Mr. Higgins earned a bachelor’s degree in computer
science from Purdue University and a master of science degree in
electrical engineering and applied physics from Case Western
Reserve University. As a member of the board, Mr. Higgins
contributes his extensive industry, technical, and entrepreneurial
experience. Mr. Higgins will serve on the Audit Committee,
the Compensation Committee and the Nominations Committee.
ShiftPixy’s CEO, Scott W. Absher, stated that
“We are very pleased to have the breadth of experience and talent
that these two individuals bring to ShiftPixy. Whit and Sean
bring significant technology, finance, governance and information
security expertise to ShiftPixy’s board.”
In addition, Mark Absher, presently serving as
ShiftPixy’s Registered In-House Counsel, was elected to serve as a
Director of the Company. Before his service with ShiftPixy, Mr.
Absher served for 11 years as Associate General Counsel of LifeWay,
a Nashville based publisher and retail organization. Mr.
Absher has also served as legal counsel and advisor to other
businesses in the employment services industry. Mr. Absher earned a
bachelor’s degree in English education from Bob Jones University
and a Juris Doctor degree from The John Marshall Law School in
Chicago. Mr. Absher holds licenses to practice law in
Illinois and Tennessee and is registered in California to provide
legal services as in-house counsel to ShiftPixy, Inc. As a
member of the board, Mr. Absher contributes significant
industry-specific experience and expertise with regard to the
Company’s service offering, having served as legal counsel or
advisor to three companies in the employment services
industry. In addition, Mr. Absher contributes his knowledge
of the business, service offerings and markets, as well his
substantial experience assisting in the development of corporate
strategy and business operations.
Ken Weaver, Chairman of ShiftPixy’s Audit
Committee, stated that “the employment industry is heavily
regulated. Mark brings a useful perspective to the Board,
seasoned by substantial employment law, transaction, governance and
operational experience. We look forward to his
contribution.”
To explore the impact of a ShiftPixy approach to
human capital management for your business connect with us
here:https://www.shiftpixy.com/contact-us/
About ShiftPixy
ShiftPixy is a disruptive human capital
management (HCM) services provider, revolutionizing employment in
the Gig Economy by delivering a next-gen platform for workforce
management that helps shift-based employers navigate regulatory
mandates, minimize administrative burdens, and connects them with a
ready-for-hire workforce. With expertise rooted in management’s
nearly 25 years of workers’ compensation and compliance programs,
ShiftPixy adds a needed layer for addressing compliance and
continued demands for equitable employment practices in the growing
Gig Economy. ShiftPixy’s complete HCM ecosystem manages regulatory
requirements and compliance in such required areas as paid time off
(PTO) laws, insurance and workers’ compensation, minimum wage
increases, and the Affordable Care Act (ACA) compliance.
Cautionary Statement:
This information, as well as the information on
our website and other items we publish, including through social
media outlets, may contain forward-looking statements, the
achievement or success of which involves risks, uncertainties, and
assumptions. Although such forward-looking statements are based
upon what management of the Company believes are reasonable
assumptions, there can be no assurance that forward-looking
statements will prove to be accurate. The Company undertakes no
obligation to update forward-looking statements if circumstances or
management’s estimates or opinions should change, except as
required by applicable securities laws. If any of the aforesaid
risks or uncertainties materialize or if any of the assumptions
proves incorrect, the results of ShiftPixy, Inc., could differ
materially from the results expressed or implied by the
forward-looking statements we make. The risks and
uncertainties include, but are not limited to, risks associated
with the nature of our business model; our ability to execute the
Company’s vision and growth strategy; our ability to attract and
retain clients; our ability to assess and manage risks; changes in
the law that affect our business and our ability to respond to such
changes and incorporate them into our business model, as necessary;
our ability to insure against and otherwise effectively manage
risks that affect our business; competition; reliance on
third-party systems and software; our ability to protect and
maintain our intellectual property; and general developments in the
economy, financial markets, and credit markets. Further
information on these and other factors that could affect the
financial results of ShiftPixy, Inc., is included in the filings on
Forms 1-A and 10-Q and in other filings we make with the Securities
and Exchange Commission from time to time. These documents are
available on the “SEC Filings” subsection of the “Investor
Information” section of our website at
https://ir.shiftpixy.com/financial-information/sec-filings.
CONTACT:
Clark Wilson (888) 798-9100clark.wilson@shiftpixy.com
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