Boxlight Announces Michael Pope as Chairman and CEO
March 20 2020 - 05:37PM
Business Wire
Boxlight Corporation (NASDAQ: BOXL), a leading provider of
interactive technology solutions for the global education market,
today announced that Michael Pope has been named as its Chairman
and Chief Executive Officer. The Company’s previous CEO and
Chairman, Harold Bevis, accepted a position with another
organization and has stepped down as an officer and director.
Prior to accepting the position of CEO and Chairman, Mr. Pope
served as the Company’s President, and navigated the Company
through seven strategic acquisitions from 2016 to 2019, and an IPO
and Nasdaq Stock Exchange listing in 2017. Mr. Pope brings
significant experience with capital markets, operations, business
development, corporate strategy, accounting and corporate
finance.
“We are thrilled that Michael has accepted the offer to assume
leadership of the Company at this critical time,” said Mark
Elliott, Director. “Michael’s intimate understanding of the
company’s history, along with his solid grasp of the education
technology landscape and keen business intellect, position Michael
as a clear fit. Boxlight’s board of directors has complete
confidence in Michael’s ability to navigate the Company through its
next chapter.”
Prior to accepting the role of CEO and Chairman, Mr. Pope served
as the company’s President since July 2015 and has been a director
of the Company since September 2014. Mr. Pope served as Managing
Director at Vert Capital, a private equity and business advisory
firm, and its affiliates from October 2011 to October 2016,
managing portfolio holdings in education, consumer products,
technology and digital media. From May 2008 to October 2011, Mr.
Pope was Chief Financial Officer and Chief Operating Officer for
the Taylor Family in Salt Lake City, managing family investment
holdings in the consumer products, professional services, real
estate and education sectors. Mr. Pope holds an active CPA license
and earned his undergraduate and graduate degrees in accounting
from Brigham Young University.
“As I step into this new position, I am optimistic and ready to
work alongside our tremendous employees, channel partners and other
stakeholders to grow our footprint in the education technology
marketplace, and further the Boxlight mission to improve student
outcomes,” Michael Pope said. “I’m committed to strengthening our
supply chain, improving our product suite, fueling our sales
channel, and delivering growing revenues and a plan for
profitability.”
The company received a notice from Nasdaq on January 23, 2020
notifying the Company it was not in compliance with Nasdaq’s
majority independent board and audit committee requirements. Nasdaq
has since granted the company an extension to comply on or before
May 21, 2020. The Nominating and Governance Committee of the
Boxlight’s Board of Directors is evaluating potential candidates
and anticipates appointing the necessary number of independent
directors during the time provided.
About Boxlight Corporation
Boxlight Corporation (NASDAQ: BOXL) is a leading provider of
technology solutions for the global education market. The company
improves student engagement and learning outcomes by providing
educators with the products they need for the 21st century
classroom. The company develops, sells and services its integrated,
interactive solution suite of software, classroom technologies,
professional development and support services. Boxlight also
provides educators with thousands of free lesson plans and
activities via MimioConnect®, an interactive teaching community.
For more information about the Boxlight story and its product
offerings, visit http://www.boxlight.com.
Forward-Looking Statements
This press release may contain information about Boxlight's view
of its future expectations, plans and prospects that constitute
forward-looking statements. Actual results may differ materially
from historical results or those indicated by these forward-looking
statements as a result of a variety of factors including, but not
limited to, risks and uncertainties associated with its ability to
maintain and grow its business, variability of operating results,
its development and introduction of new products and services,
marketing and other business development initiatives and
competition in the industry, among other things. Boxlight
encourages you to review other factors that may affect its future
results in Boxlight's filings with the Securities and Exchange
Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200320005594/en/
Media: Sunshine Nance +1 (360) 464-2119, x254
sunshine.nance@boxlight.com
Investor Relations: Michael Pope +1 (360) 464-4478
michael.pope@boxlight.com
Boxlight (NASDAQ:BOXL)
Historical Stock Chart
From Feb 2024 to Mar 2024
Boxlight (NASDAQ:BOXL)
Historical Stock Chart
From Mar 2023 to Mar 2024