SEOUL, South Korea - Captivision has announced significant changes to its leadership structure, effective as of March 25. Gary R. Garrabrant has assumed the roles of Chairman and Chief Executive Officer, overseeing the company's strategic direction with a particular emphasis on potential expansion into new markets and sectors, notably sports and entertainment. Dr. Ho Joon Lee, the company's founder and former CEO, will transition to the role of Chief Technology Officer, focusing on global innovation efforts, while maintaining his position on the Board of Directors.
Garrabrant expressed enthusiasm for his new role, highlighting Captivision's evolution into a Nasdaq-listed growth company with a decade-long foundation in pioneering technology. He emphasized the company's anticipation of forging partnerships with established entities, many stemming from longstanding relationships. Dr. Lee's continued involvement as Chief Technology Officer underscores his pivotal role in shaping Captivision's trajectory and advancing its transformative technology.
Ryan Littman assumes the position of Chief Commercial Officer, leading global business endeavors from Los Angeles, while Dr. Orhan Ertughrul, based in London, takes charge of operations in the UK, Europe, and the Middle East. Sanmukh Bawa, reporting to Dr. Ertughrul, will oversee activities in the Middle East. Anthony Page continues as Chief Financial Officer, supported by Alexander Marcinkowski, who remains Senior Vice President, Capital Markets, based in Los Angeles.
Garrabrant foresees an expansion of the management team's presence in the U.S. to align with emerging business opportunities, signaling a proactive approach to driving Captivision's growth trajectory both domestically and internationally.