- Krenzer's experience, track record, and understanding of
Thinkific's business make him uniquely suited for the role of
- Thinkific confirms its stated strategic and operational
objectives remain on track, including its third quarter 2022
VANCOUVER, BC, Sept. 15, 2022 /PRNewswire/ -
Thinkific Labs Inc. ("Thinkific" or the "Company")
(TSX: THNC), a leading platform for creating, marketing and
selling online learning products, announced today the appointment
of Steve Krenzer to the role of
"As Thinkific continues to execute on its mission to equip
creators with the ultimate set of tools to build and grow knowledge
commerce businesses, we are committed to seeking out remarkable
talent who can help us realize our vision and meet our long-term
goals," said Greg Smith, Co-Founder
and CEO of Thinkific.
"Steve's track record for building high-growth technology
companies, his expertise in operations, sales and marketing, as
well as his understanding of Thinkific's business due to his role
on the board, all contribute to our next stage of growth. We are
excited about having Steve as a senior leader on the executive
team, and welcome him in his new role," continued Smith.
In his role as President, which is currently expected to be a
term of approximately 18 months, Krenzer will be responsible for
driving operational excellence and further advancing executional
focus across the organization. During this time, he will also
maintain his role and responsibilities on Thinkific's Board
"Thinkific has a differentiated market position, as well as a
passion and culture that immediately attracted me to the Company,
and resulted in me accepting a role on the board earlier this
year," said Steve Krenzer, President
of Thinkific. "The opportunity to work more closely with the
excellent team at Thinkific, and play an active role in advancing
the business as it moves into its next stage of growth, was very
compelling and one I'm looking forward to."
Krenzer brings over 20 years of executive experience leading
operations and sales and marketing in data analytics and eCommerce.
Previous roles for Krenzer included serving as Chief Operating
Officer at global eCommerce marketplace Groupon, and Chief
Executive Officer at Core Digital Media.
"Our near term outlook for the business remains unchanged, and
we continue to see growth in the knowledge economy. At the same
time, we are constantly looking for opportunities to improve, drive
execution and ensure our Company is well positioned for growth.
These are Steve's great strengths as a leader," concluded
Thinkific (TSX:THNC) makes it simple for entrepreneurs and
established businesses of any size to scale and generate revenue by
teaching what they know. Our platform gives businesses everything
they need to build, market, and sell online courses and other
learning products, and to run their business seamlessly under their
own brand, on their own site. Thinkific's 50,000 active creators
earn hundreds of millions of dollars in direct course sales while
teaching tens of millions of students. Thinkific is headquartered
in Vancouver, Canada, with a
For more information, please visit www.thinkific.com.
This news release includes forward-looking statements and
forward–looking information within the meaning of applicable
securities laws ("forward-looking statements''). Forward-looking
statements are based on Thinkific's current expectations,
estimates, projection and assumptions that were made by the company
in light of its information available at the time the statement was
made and considers Thinkific's experience and its perception of
trends. Forward-looking statements in this news release include
statements regarding the expected benefit of the executive
appointee's experience and skillset as a member of Thinkific's
management team and the expected benefits the new executive
appointee may bring to position the company for greater success and
value creation in the future. Although Thinkific's
management believes that the assumptions underlying these
statements and information are reasonable, they may prove to be
incorrect. Except as required by applicable securities laws,
forward–looking statements and information speak only as of the
date on which they are made and Thinkific undertakes no obligation
to publicly update or revise any forward–looking statement or
information, whether as a result of new information, future events
Forward-looking statements and information are not guarantees
of future performance and involve a number of risks and
uncertainties, some that are similar to other companies with online
learning products and some that are unique to Thinkific.
Thinkific's actual results may differ materially from those
expressed or implied by its forward-looking statements, so readers
are cautioned not to place undue reliance on them.
Thinkific's Annual Information Form to Shareholders dated
February 23, 2022 and other
documents it files from time to time with securities regulatory
authorities describe the risks, uncertainties, material assumptions
and other factors that could influence actual results and such
factors are incorporated herein by reference. Copies of these
documents are available on SEDAR.
SOURCE Thinkific Labs Inc.