FORT LEE, N.J., June 1, 2021 /PRNewswire/ -- Creatd, Inc.
(Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company
of Vocal, announced today the appointment of 30-year corporate
finance veteran Rich Vinchesi as
Lead Acquisition Strategist for Creatd Partners, the Company's
corporate venture program. In his work with Creatd Partners, Mr.
Vinchesi will help steer deal origination activities, as well as
the Company's execution of new venture initiatives currently in
development.
Commenting on the new appointment, Creatd CEO Jeremy Frommer said, "The appointment of
Creatd's first-ever Lead Acquisition Strategist represents a
mission-critical addition to our team. Rich is a creative problem
solver with deep, firsthand knowledge of how to build and scale
great companies. As Creatd Partners' portfolio of partnerships
continues to grow rapidly, Rich's counsel and experience with
navigating strategic deals will be essential to scaling the program
and helping to steer our transactions toward success for the
benefit of Creatd and its shareholders. Finding the right talent to
help rally this effort is our first step toward executing on this
mission, and bringing Rich onto our team has kicked off a series of
new Creatd Partners developments that we expect to announce in the
upcoming weeks and months."
Mr. Vinchesi has spent over 30 years working alongside
founders and founding teams building startups across the
e-commerce, CPG, SaaS, and technology sectors. He began his career
as an investment banker at Salomon Brothers, and subsequently held
full-time executive roles for several growth companies before
launching his consulting firm and returning to investment banking
in 2002. His work includes active involvement in the notoriously
challenging stages of a startup's lifecycle. As a result, he has
developed a deep and dynamic understanding of the complexities of
raising early-stage and growth capital, devising scalable business
models, negotiating strategic partnerships, building-out
operations, and executing acquisitions, mergers, and business
sales. To date, Mr. Vinchesi has overseen successful fundraising
initiatives for companies at every stage of growth, including angel
financings for many early-stage companies, as well as mezzanine,
private equity, and bank transactions for later-stage companies.
Mr. Vinchesi received a B.S. from the Stern School of Business at New York University and holds
an MBA from the J.L. Kellogg School of Management at Northwestern University. His range of expertise
represents an ideal fit to further develop the diverse Creatd
Partners portfolio. Outside of his work with Creatd, Mr. Vinchesi
will continue his involvement in various other consulting and
investment banking activities.
Commenting on his new role as Lead Acquisition Strategist, Mr.
Vinchesi said, "Creatd has spent the last few years building up its
platform, operations, and brand collaborations, and now has a
unique ability to enter a new kind of growth phase, one marked by
the integration of new relationships into the Creatd ecosystem. My
focus will be in helping Creatd Partners scale these efforts -
including through the acquisition of agencies and technology
platforms, and engaging in strategic partnerships with companies we
believe in. I look forward to working closely with the Creatd team
and extended family to bring this vision to fruition."
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology
company and the parent company of the Vocal platform. Our mission
is to empower creators, entrepreneurs, and brands through
technology and partnership. We accomplish this through Creatd's
three main business pillars: Vocal Ventures, Creatd Partners and
Recreatd.
For news and updates, subscribe to Creatd's newsletter:
https://creatd.com/newsletter
Investor Relations Contact: ir@creatd.com
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SOURCE Creatd, Inc.