Posted 07 June, 2023
Recruiter.com Group, Inc. appointed Miles Jennings as new CEO
Nasdaq:RCRT appointed new Chief Executive Officer Miles Jennings in a 8-K filed on 07 June, 2023.
On June 2, 2022, the Board appointed Miles Jennings, age 45, a current Board member, to serve as the Chief Executive Officer.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Recruiter.com Group, Inc.
Media/Entertainment • Broadcasting
Nixxy, Inc. operates an on-demand recruiting platform that aims to deliver the right talent to both small and large businesses. The platform is powered by virtual teams of Recruiters On Demand and Video and Artificial Intelligence (AI) job-matching technology. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. The company was founded by Michael Jay Solomon, Ashley Saddul, and Miles Jennings on July 28, 2008 and is headquartered in Bristol, CT.Market Cap
$28.2M
View Company Details
$28.2M
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On June 2, 2023, Evan Sohn provided the Board of Directors (the "Board") of Recruiter.com Group, Inc. (the "Company") with notice of his resignation as Chief Executive Officer of the Company, effective as of the date of such notice, provided that Mr. Sohn will continue to be employed by the Company as Executive Chairman and will remain of the Company's Board of Directors. Mr. Sohn and the Company agreed to reduce his annual salary by $100,000 with a corresponding change in bonus; all other terms and conditions of the Executive Employment Agreement with Evan Sohn remain in full force and effect. On June 2, 2022, the Board appointed Miles Jennings, age 45, a current Board member, to serve as the Chief Executive Officer. Prior his appointment as Chief Executive Officer, Mr. Jennings has served as our Chief Operating Officer and President since 2020. Prior to that, Mr. Jennings founded our Company and served as the Chief Executive Officer of Recruiter.com, Inc. from 2015 until October 2017, and then as Chief Executive Officer of Truli Technologies, Inc. and its subsidiary, VocaWorks, Inc., from then until March 2019, when Truli Technologies merged with Recruiter.com, Inc. Mr. Jennings served as Chief Executive Officer of the merged company, Recruiter.com Group, Inc. through July 1, 2020, when he moved into the role of President and Chief Operating Officer. There are no other arrangements or understandings between Mr. Jennings and any other person pursuant to which Mr. Jennings was appointed as Chief Executive Officer of the Company. There are also no family relationships between Mr. Jennings and any director or executive officer of the Company, and Mr. Jennings has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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