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Posted 02 February, 2023

I-ON Digital Corp. appointed new CEO

CEO Change detected for ticker OTC:IONI in a 8-K filed on 02 February, 2023.


  On February 1, 2023, I-On Digital Corp (the "Company") accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.  

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Overview of I-ON Digital Corp.
Technology • Software
I-On Digital Corp. engages in the development of content management system software. It designs, develops, and acquires technologies that deploy fully compliant, institutional-level ecosystems that fuel financial asset digitization, safe and secure wealth transfers, and data and identity sovereignty for a new generation of financial and data-driven transactions. The company was founded by Oh Jae-Cheol and Kim Hong-Rae on July 5, 1999 and is headquartered in Chicago, IL.
Market Cap
$23.0M
View Company Details
I-ON Digital Corp. by TradingView
Relevant filing section
Item 5.02. 
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officer.


On February 1, 2023, I-On Digital Corp (the "Company") accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.


To fill the vacancies created by these resignations, Carlos X. Montoya was appointed to the Board of Directors on February 1, 2023. Mr. Montoya was also appointed as the Company's President and Rod Smith was appointed Secretary of the Company, both effective immediately.


Company Management Biographies


Carlos X. Montoya, 64, the former President and CEO of Republic Bank of Chicago (current assets: $2.2B), is the Founder and Managing Member of Tall Ship Resource Development LLC and its affiliate, Tall Ship Partners Fund, LLC (www.tallshippartnersfund.com) each is engaged in the development of U.S. and global markets, product & service enhancements, and expanded asset circulation opportunities for the Orebits Digital Asset. Mr. Montoya also serves as the Manager and Founder of MCM Advisors, LLC, a Bank and Financial Service-Bureau platform specializing in institutional level Banking, Capital and Strategic Advisory services. MCM is recognized for achieving several marketplace firsts in establishing an institutional-level Financial Ecosystem for the Orebits Digital Asset, incorporating a highly-secure Distributed Ledger Platform with Global Custody & Treasury Management Services enabled by a Blockchain interface for institutional level transaction capture, monitoring and reporting.


Rod Smith, 67, has amassed extensive executive leadership, market development expertise, and acumen along his entrepreneurial path, including negotiating and closing multi-million-dollar commercial real estate transactions and serving as the Founder and CEO of a public company that became a billion-dollar company