B. Riley Executive Brings Strong Financial Acumen to the Board
BRIDGEWATER, N.J., July 13 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, is pleased to announce that Martin Bernstein has joined its Board of Directors, effective immediately.
Bernstein was appointed to the Board in connection with the recent recapitalization of Synchronoss, and serves as a representative of B. Riley Financial, Inc. (NASDAQ: RILY) (B. Riley), the company’s largest shareholder.
“On behalf of our entire Board, I am pleased to welcome Marty to our team,” said Stephen Waldis, Founder and Executive Chairman of the Synchronoss Board of Directors. “Marty’s extensive experience in capital allocation strategies, corporate governance and financing will serve our organization well. I have no doubt that his impressive knowledge and extraordinary track record will not only benefit our already strong board, but I fully expect his impact will be key to helping Synchronoss achieve its strategic growth objectives.”
Bernstein represents B. Riley Principal Investments, an affiliate of B. Riley that makes direct investments in companies with proven platform technologies with significant near-term growth potential. He currently serves as Head of Private Investments at B. Riley and is responsible for sourcing, underwriting and managing company investments in addition to leading distribution to the firm's syndication partners. Bernstein has extensive experience leading investments across technology, transportation, automotive, aerospace, manufacturing, power, infrastructure, and other sectors.
BRIDGEWATER, N.J., July 13 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, is pleased to announce that Martin Bernstein has joined its Board of Directors, effective immediately.
Bernstein was appointed to the Board in connection with the recent recapitalization of Synchronoss, and serves as a representative of B. Riley Financial, Inc. (NASDAQ: RILY) (B. Riley), the company’s largest shareholder.
“On behalf of our entire Board, I am pleased to welcome Marty to our team,” said Stephen Waldis, Founder and Executive Chairman of the Synchronoss Board of Directors. “Marty’s extensive experience in capital allocation strategies, corporate governance and financing will serve our organization well. I have no doubt that his impressive knowledge and extraordinary track record will not only benefit our already strong board, but I fully expect his impact will be key to helping Synchronoss achieve its strategic growth objectives.”
Bernstein represents B. Riley Principal Investments, an affiliate of B. Riley that makes direct investments in companies with proven platform technologies with significant near-term growth potential. He currently serves as Head of Private Investments at B. Riley and is responsible for sourcing, underwriting and managing company investments in addition to leading distribution to the firm's syndication partners. Bernstein has extensive experience leading investments across technology, transportation, automotive, aerospace, manufacturing, power, infrastructure, and other sectors.
http://mrem.bernama.com/viewsm.php?idm=40516
No comments:
Post a Comment