© Reuters.
SEOUL – Captivision Inc. (NASDAQ: CAPT), a pioneer in media glass technology, has announced a significant reshuffle in its executive team, appointing Gary R. Garrabrant as the new Chairman and Chief Executive Officer. The change is effective immediately, with the company signaling a strategic push into new markets and sectors, particularly sports and entertainment.
The company’s founder, Dr. Ho Joon Lee, will transition from his role as CEO to become the Chief Technology Officer and will maintain his position on the Board of Directors. This move is aimed at strengthening Captivision’s innovation capabilities globally.
Mr. Garrabrant expressed his enthusiasm for the new role, emphasizing the company’s successful evolution into a Nasdaq-listed entity and its potential for global growth, supported by a decade of technological development. He highlighted the importance of long-standing relationships in building a network of significant partners.
In addition to the executive changes at the top, Ryan Littman continues as Chief Commercial Officer, spearheading new business activities worldwide. Dr. Orhan Ertughrul will take the helm as Managing Director for the UK, Europe, and the Middle East, with Sanmukh Bawa reporting to him to lead efforts in the Middle East. Anthony Page remains the Chief Financial Officer, while Alexander Marcinkowski continues as Senior Vice President of Capital Markets.
Captivision’s media glass, a groundbreaking product that can turn any glass façade into a transparent media screen with live streaming capabilities, has been implemented globally in various venues, including sports stadiums, casinos, and convention centers. The company anticipates further expansion of its management team in the U.S. to align with new business opportunities.
This announcement is based on a press release statement.
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