Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

AMSOIL Introduces New Runs on Freedom™ Snowmobile Warranty


AMSOIL INC. has launched a new warranty that supports snowmobile owners’ freedom to choose their lubricants without fear of voiding their new-snowmobile original equipment manufacturer (OEM) warranty. The AMSOIL Runs on Freedom Snowmobile Warranty covers engine repairs on new-model-year snowmobiles that use AMSOIL INTERCEPTOR® Synthetic 2-Stroke Oil exclusively for up to two years or 5,000 miles (8,000 km), whichever comes first.

Snowmobile owners are often led to believe they must use the OEM-recommended oil to preserve their factory warranty. The federal Magnuson Moss Warranty Act protects American consumers’ freedom to choose the brand of parts and lubricants they deem best. It is illegal to tie warranty coverage to whichever brand of parts or lubricants they use unless the OEM provides them free of charge.

Not only is the law on the side of consumers, so is AMSOIL with this new warranty.

“This is a new-to-market warranty no other aftermarket snowmobile lubricant manufacturer offers,” said Dan Peterson, Senior Vice President of Dealer Sales and Marketing. “We’re so confident in our products that we’ll cover any repair to an oil-lubricated engine part in the unlikely event of an engine failure.”

The AMSOIL Runs on Freedom Snowmobile Warranty is a no-fault warranty and does not require participants to send oil samples or parts to prove an oil-related failure. Snowmobile owners who wish to file a claim must simply be verified warranty participants who exclusively use AMSOIL INTERCEPTOR Synthetic 2-Stroke Oil.

INTERCEPTOR is a high-performance lubricant proven to resist wear and exhaust-power-valve sticking in today’s demanding snowmobile engines. It is specifically designed to deliver maximum performance in all makes of two-stroke snowmobiles, including Ski-Doo,*Polaris* and Arctic Cat.*    

For full warranty details and to register, view the terms and conditions at http://www.amsoil.com/rofwarranty.

*All trademarked names are the property of their respective owners and may be registered marks in some countries. No affiliation or endorsement claim, express or implied, is made by their use

AMSOIL formulates advanced synthetic lubricants and performance products for those who demand the best. For more information or to order, contact your nearest AMSOIL Dealer or visit http://www.amsoil.com. AMSOIL INC., 925 Tower Ave. Superior, WI 54880.

News Contact:

Parnell Thill

Sr. Marketing Manager

715-392-7101

pthill@amsoil.com

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Grapevine6 Wins 2020 Corporate Excellence Award for Outstanding Content Engagement


Mike Orr color headshot

Grapevine6 Co-Founder and CEO, Mike Orr

“Winning this award is the acknowledgment that we are delivering on the market’s need to share the right content across digital channels that creates real connections and shapes the client experience,” says Grapevine6 CEO, Mike Orr.

Grapevine6, a mobile-first enterprise content engagement platform for digital selling has been named “2020’s Most Outstanding Content Engagement Platform – USA” The company is featured here in the March issue of Corporate Visions (CV) Magazine, published by AI Global Media.

Grapevine6 was selected “2020’s Top Content Engagement Provider” based on their consistent proven track record as an innovator in content driven sales enablement. This award is part of the 2020 Corporate Excellence Awards, a merit-based awards program now in its third year.

“Digital communications are more critical than ever as we all work to find ways to engage customers and buyers. Relevant content can advance sales conversations and build authentic relationships with prospects and customers,” notes Grapevine6 Co-Founder and CEO, Mike Orr. “Winning this award is the acknowledgment that we are delivering on the market’s need to share the right content across digital channels that creates real connections and shapes the client experience.”

Grapevine6 offers a patented content engagement platform for sales and marketing professionals to deliver relevant, personalized content to nurture and develop meaningful relationships with prospects and clients. The company consistently receives outstanding client reviews from Fortune500 companies such as SAP and Guardian Life, who are early adopters of social and digital selling. SAP has fully embraced social selling on a global basis and is attributing a sales pipeline of over $2B. In the last few years, Guardian has grown revenues 65%, while slashing digital risk.

Last April, Forrester named Grapevine6 a leader in Sales Social Engagement Tools. Grapevine6 was recognized as “for leading the pack with its seller focus and AI functionality.” Download the report here: https://www.grapevine6.com/forrester

About Corporate Vision (CV) Magazine

CV Magazine is a monthly magazine published by AI Global Media Ltd. The magazine informs and shapes the global corporate conversation through a combination of high-quality editorial, rigorous research, and an experienced and dedicated network of advisors, experts, and contributors.

CV Magazine launched in 2014 and has, over the years, evolved into a business title that professionals rely on to bring them the business knowledge, insight and news they need. Each month our magazine is circulated to in-excess of 130,000 professionals, including top-tier managers, key decision makers, business advisers and service providers. For information visit: cv-magazine.com/.

About Grapevine6

Grapevine6 is a patented social and digital sales engagement platform that accelerates sales and marketing efforts. Launched in 2013, Grapevine6 uses artificial intelligence to provide the content that moves sales opportunities through the pipeline in a more efficient and effective way. Grapevine6 solves the content challenges faced in deploying employee advocacy, content marketing and social selling, and works with existing sales and marketing investments to increase ROI. The company was recently designated a Leader by Forrester in The Forrester New Wave™: Sales Social Engagement Tools, Q2 2019. Headquartered in Toronto and led by an award-winning team of engineers, Grapevine6 is now powering the global social selling program at some of the largest technology and financial services companies in the world. Follow Grapevine6 on LinkedIn, Twitter and Facebook. For more information visit Grapevine6.com.

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Cheap Car Insurance 2020 – How to Compare Auto Insurance Rates and Save Money


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“Use online quotes to compare offers in your area and get the best deal. Our website will help you get free quotes and compare all available offers”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has released a new blog post that explains how the clients should compare car insurance rates and save money.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/find-the-best-ways-to-compare-auto-insurance-rates/.

When determining rates, companies analyze a multitude of socio-economic factors. Age, gender, employment status and driving history are top influential factors. In order to have an idea of how much they are expected to pay, clients should get free quotes from http://compare-autoinsurance.org/.


  • Analyze the factors used by the companies to determine premiums. Companies analyze multiple factors when calculating rates. The most influential factors are: car’s make and model, driving history, demographic factors, recent claims and traffic violations and coverage options. All these variables are added in a rates calculator and the client will be presented with an insurability score and a quote. Each factor has its importance. For example, married persons are statistically safer drivers and they end up paying less on car insurance.
  • Understand the risk profile, then look for providers that will accept the case. For Standard and Preferred drivers, the insurance process is really simple. Make a list with top reputable companies and get quotes for each one of them. Things get complicated for high-risk drivers. They must find non-standard carriers, get quotes and compare prices. Comparison is really important in this case, since high-risk drivers will have to pay a whole lot more.
  • Use brokerage websites to get and compare multiple estimates. There will be many smaller, more local companies included in those quotes obtained from brokerage websites. But in many cases, smaller companies offer top competitive services at lower costs. It really pays to shop around and not limit the options to just 2 or 3 companies. Furthermore, all results are obtained using the same data and for the same product. This gives no room for errors. Clients who use brokerage websites can quickly sort offers by prices. But do not be guided only by price. Check what other benefits and bonuses can be obtained by applying to each offer.
  • Adopt better driving habits. Making several changes will help drivers get better rates. Many insurance questionnaires ask about installed anti-theft devices, graduating defensive driving or installing telematics. These will help lower the costs.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and free car insurance quotes, visit http://compare-autoinsurance.org/.

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Kubb&co hires Will Rust as Executive Creative Director


Will Rust – Executive Creative Director, Kubb&co

“Rust joining Kubb&co is a real creative coup for us, and points to the progress we’ve made as an agency over the past few years,” Kubbernus said.

Will Rust joins from his previous posts as Global Director of Brand Design at Pandora and Executive Creative Director at Ogilvy.

He brings more than 25 years of experience in the creative industries, having held Executive Creative Director roles at various Ogilvy & Mather locations including Dubai, Prague, Budapest, Kyiv and most recently Copenhagen.

Every agency Will has led in those markets topped their national creative rankings and winning many ‘Agency of the Year’ titles. He also helped Ogilvy Ukraine become the “Most effective agency in Europe” according to the 2012 Effie Global index.

He has won accolades at nearly every award show including Cannes (Gold), D&AD (Graphite), Clio (Gold), Red Dot (Gold) & OneShow (Gold) for clients as diverse as NASA, Lenovo, Commerzbank, Tuborg, Intersport, IBM, Nestlé, Philips and the UNHCR.

He will be responsible for Kubb&co’s digital creative output, leading the creative team and building out the team’s global creative processes alongside Kubb&co’s founder and chief executive, Chris ‘Kubby’ Kubbernus.

“Rust joining Kubb&co is a real creative coup for us, and points to the progress we’ve made as an agency over the past few years,” Kubbernus said.

“Our agile approach to digital and social is attracting major global brands to our portfolio and Will’s heavyweight experience is a perfect fit for both them and Kubb&co.”

Rust said the agency’s immediate focus is to help clients navigate the ongoing global crisis, but looking to the future is key.

“Given the current COVID-19 pandemic there’s a lot of questions around what is important for brands in terms of marketing and communications. They need to both mitigate the potential negative impacts and explore the opportunities of the current situation without being opportunistic.” 

“Our focus at Kubb&co at a time like this is not only to steer clients through the current challenges, but to do so through strategies that will build solid foundations for the future when the crisis is over,” he concluded.

More about Kubb&co at http://www.kubbco.com

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Citisoft Announces New Leadership in UK Practice


Citisoft logo

Under David’s leadership, we look forward to expanding our delivery team in the UK and providing on-the-ground service and experience to our global clients.

Citisoft, a global investment management consulting firm, has announced the hire of David Higgins as Managing Director in their UK practice.

Citisoft’s portfolio of asset management clients continues to expand globally and David’s hire will strengthen the firm’s overall presence in Europe. Under David’s leadership, Citisoft plans to expand its delivery team based in London and capitalize on the firm’s longstanding reputation as a consulting leader in the UK financial services market.

“We’re excited to announce David’s hire to strengthen and broaden our presence in Europe. We continue to see both UK-based and global asset managers search for an experienced consulting partner as their operating models and technology rapidly evolve,” said Tom Secaur, COO of Citisoft. “David’s experience and leadership will help us meet the needs of our clients and the broader market while continuing to grow our global presence.”

David joins Citisoft with over 20 years of experience in asset management technology and operations. From 2005-2010, David was a consultant in Citisoft’s UK practice. Since that time, David has assumed senior responsibilities working for RBC, HSBC, Merian Global Investors, and Aviva Investors as the Head of Global Transformation, Operating Model and Suppliers.

“David’s 20+ years of experience in our space, coupled with his knowledge of the UK marketplace and pre-existing knowledge of Citisoft make him the perfect candidate to lead our UK practice,” said Paul Migliore, CEO of Citisoft. “We are absolutely thrilled to have the opportunity to bring David back to the firm in a senior leadership position. Under David’s leadership, we look forward to expanding our delivery team in the UK and providing on-the-ground service and experience to our global clients.”

This announcement follows the opening of Citisoft’s first Canadian office in 2018. Since that time, the firm has seen steady growth in both their client-base in North America as well as the number of clients in need of a consulting partner with deep experience in global markets. Citisoft has operated in London since 1986 and this key hire will capitalize on both Citisoft’s expertise in the UK as well as the firm’s need to meet the needs of clients with growing global footprints.

About Citisoft

Citisoft is a global consulting firm dedicated to servicing the investment management industry. Our staff and management bring credibility and hands-on knowledge to every facet of our client relationships, backed by a history of successful partnerships with leading investment management firms and industry service providers. With our deep understanding of all aspects of the investment management process, our clients benefit from our ability to identify industry trends and accurately assess their effects. Through our Advisory and Delivery services, we offer a full complement of consulting capabilities ranging from strategy formation through guiding and implementing successful business change. Learn more at http://www.citisoft.com.

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TD Madison Leads Successful Executive Search for CableLabs’ New Vice President of Wireless


It was a pleasure to work with the CableLabs team, and we’re thrilled to congratulate Rakesh as he takes up a position that will have an enormous impact on the future of 5G, wireless, and mobile networking.

TD Madison, a trusted provider of executive recruitment services to the cable and broadband industry, is pleased to congratulate Rakesh Taori on his new role as the Vice President of Wireless at CableLabs®. TD Madison undertook an exhaustive executive search and recruitment program, identifying Taori as the strongest candidate in a competitive field.

Rakesh Taori is a 5G pioneer who has passionately led 5G efforts for over a decade. His involvement with 5G started with the identification of spectrum for 5G to the regulators (2010), before leading the 5G system design team and driving early feasibility studies and ecosystem efforts at Samsung. Taori helped cofound a 5G startup company called Phazr, which spearheaded some of the first 5G trials (2017) and pilot deployments (2018) with Tier-1 operators in the EU and carried out exhaustive indoor 5G propagation studies with Japanese Tier-1 operators. Taori is an expert in cellular system design and Mobile and Wi-Fi networking standards.

Taori will be responsible for driving and executing CableLabs’ wireless and mobile area vision and strategy. He will report to Mariam Sorond, CableLabs’ Chief Research and Development Officer, whose recruitment TD Madison also managed.

“We are pleased to have once again successfully placed a senior executive at CableLabs, the most innovative and influential research and development lab in the cable and broadband industry. It was a pleasure to work with the CableLabs team, and we’re thrilled to congratulate Rakesh as he takes up a position that will have an enormous impact on the future of 5G, wireless, and mobile networking,” said Dean Madison, CEO of TD Madison.

Before joining CableLabs, Rakesh was the first JMA Fellow of 5G Technologies at JMA Wireless, which acquired Phazr, a 5G startup at which Rakesh was Vice President of Systems and Standards and a founding employee. While at Phazr, Taori led the system design team that helped to architect and build the company’s innovative 5G base station. Before Phazr, Taori held positions at Samsung, Ericsson, and Phillips, as well as serving on the Wi-Fi Alliance board and as Vice Chairman of the IEEE 802.16 working group. Rakesh is a prolific inventor with over 150 granted US patents.

“With vast amounts of unlicensed, shared spectrum for local/private 5G becoming available, cable operators offering wired and wireless services have an unprecedented opportunity to build a truly converged network of the future. CableLabs is in a unique position to architect, define and drive the network convergence paradigm. I’m looking forward to working with the world-class researchers and engineers at CableLabs, helping the cable and broadband industry to innovate the next generation of wired and wireless networks,” said Rakesh Taori.

TD Madison has been the trusted executive recruitment partner of the cable and broadband industry for over thirty years. The full life-cycle executive recruitment agency works with clients throughout the recruitment process to identify, assess, and negotiate with senior technology executives. TD Madison’s combination of industry knowledge and evidence-based assessments helps clients like CableLabs to identify and recruit the ideal candidate for C-suite, VP, and Director-level positions.

About TD Madison

TD Madison and Associates works with clients across the cable and broadband industry, providing executive recruitment, training, and staff augmentation to businesses ranging from emerging growth firms to Fortune 500 companies. With over three decades of experience, TD Madison finds exceptional leaders for exceptional companies. To learn more, visit: http://www.tdmadison.com

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360 Coverage Pros Adds Pilot and Docking Master Coverage Options To Marine License Insurance Program


360 Coverage Pros announced today the addition of Pilot and Docking Master liability coverage options to their online Marine License Insurance program. Securing Marine License Insurance no longer requires lengthy paper applications and days or weeks of waiting to binding coverage.

360 Coverage Pros announced today the addition of Pilot and Docking Master liability coverage options to their online Marine License Insurance program. Launched in November of 2019, this program has transformed the insurance landscape for professional mariners. Securing Marine License Insurance no longer requires lengthy paper applications and days or weeks of waiting to binding coverage.

Pilots and Docking Masters can now apply online and bind “A+” rated coverage in minutes with rates starting as low as $30 per month with just $70 down.

Coverage includes:

  • License Protection & Defense Costs of up to $1M
  • Foreign Jurisdiction Coverage
  • Loss of Personal Property
  • Payment for Fines & Penalties

Additional coverage options include:

  • Civil & Criminal Defense, $100K or $250K
  • Civil Legal Liability, $100K, $250K, $500K, or $1M
  • Loss of Income (monthly w/ $35 per day subsistence allowance), $2,000, $5,000, $10,000, or $15,000

If a prospective insured requires higher limits, has past complaints/suspensions or is unsure of their eligibility in the program, 360 Coverage Pros will work with them to help secure the best coverage options available.

“Every day since the launch of this program, we’re learning more from our customers, independent research and attending industry events,” said Chris Buseman, Program Manager for 360 Coverage Pros. “Creating a tailored option for pilots and docking masters was an absolute necessity given their specialty and differentiation within the profession.”

This Marine License Insurance Program is underwritten by Berkley Offshore Underwriting Managers, a member company of Berkley, whose member insurance companies are rated “A+” (Superior), Financial Size Category XV by A.M. Best Company.

360 Coverage Pros is administered by Gallagher, a global insurance brokerage, risk management and consulting services firm. Founded in 1927, Gallagher has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

To learn more about the Marine License Insurance Program from 360 Coverage Pros, please visit https://www.360coveragepros.com/marine-license-insurance

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Mediaplanet and Jennifer Hyman Team Up to Highlight Women in Leadership


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Women make up over 50 percent of the American population; however, their presence in top leadership positions across a broad range of fields remains stagnant at 5-20 percent.

Mediaplanet announces the launch of the “Women in Leadership” campaign closing out Women’s History Month. This campaign will educate readers about the importance of having women in leadership positions, and the industry leaders and organizations that are doing their part to help women thrive and succeed.

Women make up over 50 percent of the American population; however, their presence in top leadership positions across a broad range of fields remains stagnant at 5-20 percent. This lack of diversity is incredibly problematic for companies as all voices aren’t being fully represented. Despite this, there is a lot of promise on the horizon, with women continuing to raise their voices and band together to push for more women in top positions at companies.

Jennifer Hyman, founder and CEO of Rent the Runway, graces the cover of the print publication. Through an exclusive interview, Hyman shares her journey to the top of her field and discusses the importance of empowering other women to strive for greatness. Something she has always found important is working in a collaborative environment. In terms of being a leader, she has “always believed in building a strong bench of leaders and empowering that talent with unwavering trust so that they can accomplish their best work.” This mission has helped guide her as she has scaled her company from a small startup to a multi-million dollar brand.

The print component of “Women in Leadership” is distributed within today’s edition of USA Today in New York, Los Angeles, Atlanta, San Francisco, Chicago, Houston, Washington, D.C., Dallas, Philadelphia, Pittsburgh, and Seattle markets, with a circulation of approximately 250,000 copies and an estimated readership of 750,000. The digital component is distributed nationally through a vast social media strategy and across a network of top news sites and partner outlets. To explore the digital version of the campaign, visit: https://www.futureofbusinessandtech.com/campaign/women-in-business/.

This campaign was made possible with the support of the U.S. Chamber of Commerce, National Association of Women Business Owners (NAWBO), Entrepreneurs’ Organization (EO), American Indigenous Business Leaders (AIBL), Intercept Pharmaceuticals, University of Southern California, Michigan State University, Snoqualmie Casino, Women in Bio, TBWAWorld Health, Hilltop Holdings, Lendio, Anheuser-Busch, CR England, Publicis Sapient, Barclays, and Chicos.

About Mediaplanet

Mediaplanet specializes in the creation of content marketing campaigns covering a variety of industries. We tell meaningful stories that educate our audience and position our clients as solution providers. Our unique ability to pair the right leaders with the right readers, through the right platforms, has made Mediaplanet a global content marketing powerhouse. Our award-winning stories have won the hearts of countless readers while serving as a valuable platform for brands and their missions. Just call us storytellers with a purpose. Please visit http://www.mediaplanet.com for more on who we are and what we do.

Press Contact:

Sloane Ackerman

Sloane.ackerman@mediaplanet.com

(646) 619-3803

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AppZen Joins SAP® PartnerEdge® Program “Build” Model; Announces Availability of AppZen Accounts Payable (AP) Audit for SAP Ariba Customers


AppZen, the leading artificial intelligence (AI) driven platform for modern finance teams today announced that it has joined the SAP® PartnerEdge® program as a partner that designs, develops, and builds software using SAP platform technology. Through its participation in the program, AppZen was certified by SAP for its AI-powered platform integration with SAP Ariba to provide customers with the ability to audit supplier invoices and contracts, comply with policies (regulatory and corporate), streamline process, and reduce spend prior to payment disbursement. AppZen has launched its presence on SAP App Center (http://www.sapappcenter.com), where it will market its application.

“We are proud to be part of the SAP PartnerEdge Build program and thrilled to extend our leading AI platform to SAP Ariba customers,” said Randy Figueroa, head of global partnerships for AppZen. “With AppZen, customers can now bullet-proof their AP and procurement processes with AI-powered invoice and contract auditing.”

AppZen reviews 100 percent of invoices instantly, and prepayment, with AI to catch and eliminate errors, waste, fraud, and non-compliance, and take the first step to a touchless AP future. AppZen AP Audit allows customers to:


  • Audit 100 percent, pre-payment – Automatically audit 100 percent of invoices before reimbursement with AI.
  • Understand documents – Instantly scan every line of every invoice to understand charges and track the correct spend category.
  • Enrich with intelligence – Check online sources to identify better prices for similar goods and services.
  • Assess and refine risk – Flag suspicious addresses or billing changes to avoid fraud. Spot duplicate charges from other invoices, other invoice systems, or from expenses.
  • Streamline process – Integrate into your existing AP automation system to audit every invoice in real-time to spot errors, waste, and fraud.

As an SAP partner in SAP PartnerEdge, AppZen is empowered to build, market, and sell software applications, and provide support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to all relevant SAP technologies in one simplified framework under a single, global contract, including the ability to bundle licenses of SAP Cloud Platform with partner applications.

About AppZen

AppZen delivers the leading AI-driven platform for modern finance teams. The AppZen Platform is built on 7 years of learning from thousands of online sources, thousands of customers and billions of financial documents and transactions like invoices, contracts, expense and accounting data. Starting with business spend, we automate manual process, uncover problems and optimize decision making at scale for finance organizations around the globe, including one-third of the Fortune 500. The AppZen Platform combines patented computer vision, semantic analysis, and deep learning to understand financial transactions in business context and make decisions before those transactions happen. It is a must-have for CFOs and their teams to comply with policy, streamline process, and reduce spend.

Over 1,650 enterprises have standardized on AppZen, including four of the top five banks, four of the top ten media companies, four of the top ten pharmaceutical manufacturers, two of the top five aerospace companies, and six of the top ten software providers. Visit us at http://www.appzen.com and follow us on Twitter at @AppZen. SAP, PartnerEdge and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See https://www.sap.com/copyright for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

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Movile Group appoints Patrick Hruby as new CEO


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New CEO Patrick Hruby takes the helm of Movile Group, one of Brazil’s 12 unicorns.

Hruby intends to reinforce Movile’s dream of impacting the lives of one billion people through its mobile apps.

Movile Group, an ecosystem of leading technology companies in Latin America, today announces Patrick Hruby will be appointed as the company’s new Chief Executive Officer, effective immediately. At the same time, Fabricio Bloisi, co-founder and CEO since 1998 will become Board President and work closely with Hruby and the senior management team, while continuing in his role as CEO of iFood. Hruby is assuming the top leadership position after spending five months as an Executive in Residence at the company during which he worked closely on operations with all Movile companies: iFood, MovilePay, PlayKids, Sympla, Wavy and Zoop.

Movile has a proven track record for attracting and developing top talent over its 20+ year history, which has been the foundation for the company’s continuous growth, year over year. To continue on a consistent path of growth under Hruby’s leadership, he will tap the deep experience he’s gained during his impressive career. Hruby has more than 14 years of leadership experience in roles at Silicon Valley companies including seven years at Google and, most recently, seven years at Facebook – where he held the position of vice president of sales for small and medium-sized companies in Latin America.

Hruby intends to reinforce Movile’s dream of impacting the lives of one billion people through its mobile apps.

“My focus and attention will be on three major objectives: to grow Movile Group’s current businesses; identify new segments and companies to expand our ecosystem; and have a leadership role in creating better organizations and a more just society in the markets we serve, said Patrick Hruby, newly appointed CEO of Movile Group.

“Movile will continue to invest in building Brazil’s tech and innovation ecosystem, which will be the foundation for advancing in Latin America and future global expansion,” Hruby said. “As leaders in Brazil, we will continue to work hand-in-hand with the government and society-at-large on issues that will guide our country’s path. Employee diversity and inclusion, the future of work, sustainability, artificial intelligence and supporting the gig economy will all be fundamental themes in Movile’s daily operations as an organization.”

In a time of uncertainty caused by the coronavirus pandemic, Hruby’s initial priorities will be protecting the well-being of Movile Group employees and partners, business continuity planning, and minimizing the impact on Movile’s ecosystem worldwide.

Hruby continued, “Given the unprecedented time we are currently experiencing, my initial priorities will be protecting the well-being of Movile Group employees and partners, business continuity planning, and minimizing the impact on Movile’s ecosystem worldwide.”

Fabricio Bloisi, co-founder and Board President, Movile Group, and CEO of iFood, commented: “Given Patrick’s experience helping to build key businesses within Latin America for several global tech giants, I expect he will enable Movile to strengthen the performance of its ecosystem of tech companies. Patrick’s time with us as an Executive in Residence has demonstrated his capacity as a strong leader who can guide the company towards a future of growth, keeping our operations healthy, and expanding our revenue base.”

Patrick Hruby has more than 20 years of experience at companies like Deloitte and ExxonMobil, in addition to his recent tenure in leadership roles at Facebook and Google in Latin America. He graduated from the Pontifical Catholic University of Rio de Janeiro, and earned an MBA in Finance from Yale University.

Editorial Notes:

1) For more about The Movile Way and the Group’s “hands-on style of VC investing,” see this ZDNet article (03/23/20).

2) Movile Co-founder Eduardo Henriques’ Op-Ed on “Lessons on Downturns from Brazilian Entrepreneurs” (03/16/20)

About Movile Group

The Movile Group is an ecosystem of leading technology companies in Latin America and beyond. The group has a big dream to make the lives of one billion people better through its applications. With global operations, the company already has more than 4,000 employees at its six companies at iFood, MovilePay, PlayKids, Sympla, Wavy and Zoop. In 2019, the Movile Group created the 1Bi Foundation, with the objective of promoting technology projects for social impact. In addition, the technology company collective is the most desired place to work by Brazilian professionals based on a Top Companies ranking compiled by Linkedin in Brazil.

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Media Contacts

Brazil:

Olivia Nercessian

+55 11 95433-0000

olivia.nercessian@movile.com

United States:

Chris Knight

415) 786-9226 c.

chris@divinogroup.net

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