Digimarc Appoints Former Tide Cleaners CEO Katie Kool as Chairperson of its Board of Directors
July 16 2024 - 8:00AM
Business Wire
Kool brings proven experience in leading major
brands to exponential growth
Digimarc Corporation (NASDAQ: DMRC), the pioneer and global
leader in digital watermarking technologies, is pleased to announce
the appointment of Katie Kool as the new Chairperson of the
company’s Board of Directors, effective June 10, 2024. Kool
succeeds Alicia Syrett, who has served as Chairperson since
2020.
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Digimarc has appointed Katie Kool as the
new Chairperson of the company’s Board of Directors. Kool brings a
wealth of experience and expertise to the role, having a
distinguished career in leading major brands, including Tide
Cleaners, a wholly owned subsidiary of Procter & Gamble
(P&G), and North America Fabric Care, P&G’s largest
regional business unit, to exemplary growth. (Photo: Business
Wire)
Kool brings a wealth of experience and expertise to the role,
having a distinguished career in leading major brands including
Tide Cleaners, a wholly owned subsidiary of Procter & Gamble
(P&G), and North America Fabric Care, P&G’s largest
regional business unit, to exemplary growth. She has been
instrumental in driving strategic collaboration across leadership
teams and business sectors and will now lead the board in guiding
Digimarc through its next phase of transformative growth and
innovation. Kool has served on the Digimarc Board of Directors
since 2022.
"We are excited to welcome Katie as our new Chairperson," said
Riley McCormack, President and Chief Executive Officer of Digimarc.
"Katie's visionary leadership, financial acuity, and deep
understanding of our industry and our customer’s needs make her the
ideal person to steer our board as we continue to expand our market
presence and accelerate growth. We also extend our sincere
gratitude to Alicia Syrett for her outstanding contributions and
leadership over the years."
"I am thrilled to be named Chair of Digimarc Corporation, a
company at the forefront of addressing some of the world’s most
pressing global issues, from ensuring content authenticity in the
age of generative artificial intelligence to tackling plastic
pollution. The potential applications for Digimarc’s revolutionary
technology are limitless. I am excited to work with the board and
the management team to help guide Digimarc’s transformative
journey,” said Katie Kool, Board Chair.
While serving as Chief Executive Officer of Tide Cleaners, Kool
grew the business from 35 dry cleaning and laundry service stores
to 191 stores, earning an esteemed ranking among the top 100 in
Entrepreneur’s Franchise 500 for three consecutive years. As Chief
Financial Officer of North America Fabric Care, she partnered with
the company’s leadership team to profitably grow the business by
$1.5 billion in sales. Kool was a co-founder and is currently
President of Impact100 Genesee County. Impact100 empowers women as
philanthropists to make transformational grants to non-profit
organizations within local communities. Kool earned a Bachelor of
Arts degree in Economics from Kalamazoo College and a Master of
Business Administration in Finance from Washington University in
St. Louis.
About Digimarc
Digimarc Corporation (NASDAQ: DMRC) is the pioneer and global
leader in digital watermarking technologies. For nearly 30 years,
Digimarc innovations and intellectual property in digital
watermarking have been deployed at a massive scale for the
identification and the authentication of physical and digital
items. A notable example is our partnership with a consortium of
the world’s central banks to deter counterfeiting of global
currency. Digimarc is also instrumental in supporting global
industry standards efforts spanning both the physical and digital
worlds. In 2023, Digimarc was named to the Fortune 2023 Change the
World list and honored as a 2023 Fast Company World Changing Ideas
finalist. Learn more at Digimarc.com.
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Susan Baldwin Digimarc Corporation 509-939-1137
PR@digimarc.com
Anneka Kumli Grove Partners 720-422-5258
anneka@thegrovepartners.com
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