Triller Group Inc. (Nasdaq: ILLR) (“Triller Group” or “the
Company”) today announced important updates to its executive
leadership team and board of directors (“Board”).
This marks the initial step in a series of
forthcoming announcements as Triller Group strengthens its
management lineup and kickstarts the transformation journey of the
Company.
Kevin McGurn, former T-Mobile/Vevo/Hulu
Senior Executive, joins as Chief Executive Officer
Triller Group proudly announces that its Board
appointed Kevin McGurn as the Chief Executive Officer of the
Company starting in November 2024. Mr. McGurn brings a wealth of
leadership experience and industry expertise to the Company. Having
most recently served in an executive role for T-Mobile’s marketing
division, Mr. McGurn has a proven track record of driving
hyper-growth and innovation in the media and music landscape.
As President of Sales and Distribution at Vevo,
the Universal Music and Sony Music Entertainment video joint
venture, Mr. McGurn led the company’s expansion as a global music
television network. Previous to Vevo, Mr. McGurn served as Head of
Sales at Fullscreen and Otter Media Companies building revenue
businesses throughout the creator economy. As Senior Vice President
of Sales at Hulu, Mr. McGurn played a pivotal role in building
Hulu's sales team from the ground up, generating over half a
billion dollars in advertising revenue.
Mr. McGurn’s impressive career also includes
senior positions at Shazam, NBC Universal and DoubleClick,
equipping him with the strategic vision and operational acumen
needed to lead the Company into its next phase of growth.
“The future is bright in the world of
entertainment, and I am extremely excited to join the team at
Triller Group to maximize our value to Creators, Fans, and Brands.”
said Mr McGurn. “Our renewed focus means Triller Group is well
positioned to deliver best in class entertainment, when, where and
how our fans watch it. We will continue to build from our strong
roots in vertical video, music and sports, and optimise our
expertise in mobile and connected television.”
James McCann, founder of
1-800-Flowers.com, joins the Board
Triller Group is delighted to announce that
James McCann has joined its Board, assuming the role of Chairman of
the Nominations Committee. He has over four decades of leadership
experience as the founder and former Chairman and CEO of
1-800-Flowers.com, Inc., where he played a pivotal role in shaping
the company’s success. As Chairman of the board of directors for
Willis Towers Watson and director for Scott’s Miracle-Gro and
International Game Technology PLC, he is expected to bring a depth
of governance expertise to the Board of the Company.
Bobby Sarnevesht moves to the
Board
Triller Corp.’s former Chief Executive Officer,
Mr. Sarnevesht now sits on the Board, contributing a wealth of
experience and understanding of the Company’s operations and goals.
In addition, Mr. Sarnevesht’s entrepreneurial track record
positions him uniquely to help guide the Company as it navigates
new opportunities.
Start of the Company’s
Transformation
“My fellow directors and I are thrilled to
announce the first steps of our ambitious transformation plan.
Kevin’s extensive experience and track record of driving growth and
innovation position him uniquely to lead the Company and carry out
our shared vision of a single, integrated platform that delivers
for creators, brands and users while generating value for all of
our stakeholders” said Bob Diamond, Chairman of the Board. “Jim
will bring his unparalleled expertise in building and scaling
successful businesses to the Board, combined with his deep
understanding of consumer engagement, which will be invaluable as
we continue to innovate and grow. Jim's visionary leadership and
entrepreneurial spirit align perfectly with our mission, and we
look forward to leveraging his insights to drive our strategic
initiatives forward. We also look forward to Bobby’s contributions
to the Board. His experience within our company positions him
uniquely to help guide the Board as we implement our new
transformation plan.”
In the coming weeks, the Company plans to
announce further enhancements to its leadership team and
capabilities. The Company expects to share detailed insights into
its strategic business plan during an upcoming investor and media
event scheduled for November 2024. This event is expected to
highlight the Company’s future vision and immediate growth
strategies. Triller Group looks forward to engaging with
stakeholders as it unveils exciting developments in this new
chapter of progress.
The latest press release is available on the
Company’s website, please visit: www.agba.com/ir.
About Triller Group Inc.
Triller Group is a US-based company that operates two main
businesses: the newly merged US-based social media operations
(Triller Corp.), and the legacy operations of the Company in Hong
Kong (“AGBA”).
Triller Corp. is a next generation, AI-powered,
social media and live-streaming event platform for creators.
Pairing music culture with sports, fashion, entertainment, and
influencers through a 360-degree view of content and technology,
Triller Corp. uses proprietary AI technology to push and track
content virally to affiliated and non-affiliated sites and
networks, enabling them to reach millions of additional users.
Triller Corp. additionally owns Triller Sports, Bare-Knuckle
Fighting Championship (BKFC); Amplify.ai, a leading
machine-learning, AI platform; and TrillerTV, a premier global PPV,
AVOD, and SVOD streaming service. For more information, visit
www.triller.co.
Established in 1993, AGBA is a leading, multi-channel business
platform that incorporates cutting edge machine-learning and offers
a broad set of financial services and healthcare products to
consumers through a tech-led ecosystem, enabling clients to unlock
the choices that best suit their needs. Trusted by over 400,000
individual and corporate customers, the Group is organized into
four market-leading businesses: Platform Business, Distribution
Business, Healthcare Business, and Fintech Business. For more
information, please visit www.agba.com.
Safe Harbor Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as “may,” “will,” “intend,” “should,” “believe,”
“expect,” “anticipate,” “project,” “estimate” or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company’s goals and strategies; the Company’s future
business development; product and service demand and acceptance;
changes in technology; economic conditions; the outcome of any
legal proceedings that may be instituted against us following the
consummation of the business combination; expectations regarding
our strategies and future financial performance, including its
future business plans or objectives, prospective performance and
opportunities and competitors, revenues, products, pricing,
operating expenses, market trends, liquidity, cash flows and uses
of cash, capital expenditures, and our ability to invest in growth
initiatives and pursue acquisition opportunities; reputation and
brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions in Hong Kong and the international markets the Company
plans to serve and assumptions underlying or related to any of the
foregoing and other risks contained in reports filed by the Company
with the SEC, the length and severity of the recent coronavirus
outbreak, including its impacts across our business and operations.
For these reasons, among others, investors are cautioned not to
place undue reliance upon any forward-looking statements in this
press release. Additional factors are discussed in the Company’s
filings with the SEC, which are available for review at
www.sec.gov. The Company undertakes no obligation to publicly
revise these forward–looking statements to reflect events or
circumstances that arise after the date hereof.
Investor & Media
Relations: Bethany Laiir@agba.com
Anthony
Silvermanads@apellaadvisors.com
# # #
Triller (NASDAQ:ILLR)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Triller (NASDAQ:ILLR)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024