Banzai Appoints Kent Schofield to Board of Directors
09 September 2024 - 2:31PM
Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the
“Company”), a leading marketing technology company that provides
essential marketing and sales solutions, today announced the
appointment of Kent Schofield to its Board of Directors effective
immediately. Mr. Schofield’s appointment as an independent director
increases the total number of board members to six, with five
independent directors.
Schofield brings over 20 years of experience in
finance, corporate strategy, and investor relations to the Board of
Directors. He currently serves as the Chief Financial Officer of
Welcome Tech, a leading provider of immigrant and hourly employee
subscription services. His leadership at Welcome Tech has been
integral to the company's financial strategy and operational
efficiency, including business and corporate development, capital
raising, organizational productivity, and pricing strategy. He
previously served as a director at 7GC & Co. Holdings prior to
its business combination with Banzai.
Previously, Schofield served as Director of
Investor Relations and Corporate Development at Uber, where he was
one of four Uber representatives for the company’s $8.1 billion IPO
roadshow and was instrumental in managing investor communications.
As a Director of Strategic Finance, he helped to drive corporate
growth initiatives, contributing to the company’s expansion and
market success.
Prior to that, he spent nearly five years at
Goldman Sachs, where he served as Vice President and lead equity
analyst covering technology companies in the software and hardware
industries. Schofield holds a Bachelor’s degree in Economics from
UCLA.
"Kent's extensive experience in finance,
corporate development, and investor relations will be invaluable to
Banzai as we continue to expand our footprint in the marketing
technology space," said Joe Davy, CEO of Banzai. "We are excited to
have him join our Board of Directors and look forward to the
strategic insights and guidance he will bring to our company."
About BanzaiBanzai is a
marketing technology company that we believe provides essential
marketing and sales solutions for businesses of all sizes. On a
mission to help their customers achieve their mission, Banzai
enables companies of all sizes to target, engage, and measure both
new and existing customers more effectively. Banzai customers
include Square, Hewlett Packard Enterprise, Thermo Fisher
Scientific, Thinkific, Doodle and ActiveCampaign, among thousands
of others. Learn more at www.banzai.io. For investors, please visit
https://ir.banzai.io/.
Forward-Looking Statements This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements often use words such as “believe,”
“may,” “will,” “estimate,” “target,” “continue,” “anticipate,”
“intend,” “expect,” “should,” “would,” “propose,” “plan,”
“project,” “forecast,” “predict,” “potential,” “seek,” “future,”
“outlook,” and similar variations and expressions. Forward-looking
statements are those that do not relate strictly to historical or
current facts. Examples of forward-looking statements may include,
among others, statements regarding Banzai International, Inc.’s
(the “Company’s”): future financial, business and operating
performance and goals; annualized recurring revenue and customer
retention; ongoing, future or ability to maintain or improve its
financial position, cash flows, and liquidity and its expected
financial needs; potential financing and ability to obtain
financing; acquisition strategy and proposed acquisitions and, if
completed, their potential success and financial contributions;
strategy and strategic goals, including being able to capitalize on
opportunities; expectations relating to the Company’s industry,
outlook and market trends; total addressable market and serviceable
addressable market and related projections; plans, strategies and
expectations for retaining existing or acquiring new customers,
increasing revenue and executing growth initiatives; and product
areas of focus and additional products that may be sold in the
future. Because forward-looking statements relate to the future,
they are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of our control. Forward-looking statements are not
guarantees of future performance, and our actual results of
operations, financial condition and liquidity and development of
the industry in which the Company operates may differ materially
from those made in or suggested by the forward-looking statements.
Therefore, investors should not rely on any of these
forward-looking statements. Factors that may cause actual results
to differ materially include changes in the markets in which the
Company operates, customer demand, the financial markets, economic,
business and regulatory and other factors, such as the Company’s
ability to execute on its strategy. More detailed information about
risk factors can be found in the Company’s Annual Report on Form
10-K and the Company’s Quarterly Reports on Form 10-Q under the
heading “Risk Factors,” and in other reports filed by the Company,
including reports on Form 8-K. The Company does not undertake any
duty to update forward-looking statements after the date of this
press release.
Investor RelationsChris
TysonExecutive Vice PresidentMZ Group - MZ North
America949-491-8235BNZI@mzgroup.us www.mzgroup.us
MediaRachel MeyrowitzDirector,
Demand Generation, Banzairachel.meyrowitz@banzai.io
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