Ross Miller, Will Serve As Co-CEO together with John Colucci and Lisa King

ROCHESTER, NY / ACCESSWIRE / August 26, 2022 / Vinco Ventures, Inc. (NASDAQ:BBIG) (“Vinco Ventures,” “Vinco,” or the “Firm”), a digital media and content material applied sciences holding firm, right now introduced government management adjustments to assist the Firm’s operational and development plans. In accordance with the courtroom order from the State of Nevada and efficient instantly, Ross Miller, Esq. will function co-CEOs together with John Colucci and Lisa King.

“With the way forward for Vinco in thoughts, and a terrific need to see this Firm and its staff succeed, I’m joyful to hitch government management alongside Lisa and John,” mentioned Ross Miller, Esq., co-CEO of Vinco.

“This group of co-CEOs is devoted to the longevity and success of Vinco. We’re excited to get again to work with the intention of driving worth to our shareholders and consider this distinctive company management construction will put Vinco ready for achievement,” commented Lisa King, co-CEO of Vinco.

“It’s our intention with the brand new co-CEO group in place to diligently make enterprise choices and in flip, talk our developments with your complete shareholder neighborhood,” concluded John Colucci, co-CEO of Vinco.

Mr. Miller beforehand served as CEO and President of BKB World, an entirely owned subsidiary of DirecTV. He beforehand served as Senior Vice President and Normal Counsel of Paragon Gaming, a world on line casino gaming firm based mostly in Las Vegas. Mr. Miller additionally brings over a decade of public service expertise, having served as a felony prosecutor and as Nevada’s Secretary of State .

John Colucci has over 21 years of expertise in senior administration, enterprise improvement, promoting, advertising and technique improvement. Mr. Colucci was beforehand the Vice President at C Options Advertising Inc. for eleven years and Vice President of Enterprise Improvement and Technique at Biggross.com for eleven years.

Lisa King was elected to serve on the Firm’s Board of Administrators on October 14, 2021. Ms. King additionally served the Firm’s Chief Government Officer and President from October, 2021 via late July, 2022. Ms. King was acknowledged because the Firm’s co-Chief Government Officer by a courtroom order issued on August 19, 2022. Ms. King has over 25 years {of professional} expertise as a advertising and branding chief, C-suite government, and guide. From January 2021 till October 2021, Ms. King served because the Chief Government Officer of ZASH, the place she, with ZASH’s company founders, led the event of its short- and long-term enterprise methods. Ms. King is at the moment the Chairman, CEO and controlling stockholder of Magnifi U Inc., a Firm that gives a studying expertise platform for private {and professional} improvement, which she based in August 2020.

Ross Miller is at the moment a guide for Silver Palm Group and likewise serves as a County Commissioner for Clark County, Nevada. He has beforehand served as President and CEO of BKB World, an entirely owned subsidiary of DirecTV, and as Senior VP and Normal Counsel of Paragon Gaming, a on line casino gaming firm based mostly in Las Vegas. . Previous to that, he was elected because the youngest Secretary of State in America in 2006 till 2014. His management is nationally acknowledged, as he was named a “Prime 10 Rising Political Star” by the Washington Submit, was chosen as considered one of “24 Rising Stars in American Governance” by the Aspen Institute and was awarded a Rodel Fellowship in Public Management. He obtained his BA from Stanford College and holds JD and MBA levels from Loyola Marymount College.

Ahead-Wanting Statements and Disclaimers

This press launch comprises “forward-looking statements” as outlined within the secure harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995, that are based mostly upon beliefs of, and data at the moment accessible to, Vinco Ventures’ administration in addition to estimates and assumptions made by Vinco Ventures’ administration. These statements may be recognized by the truth that they don’t relate strictly to historic or present info. When used on this presentation the phrases “estimate,” “anticipate,” “intend,” “consider,” “plan,” “anticipate,” “projected,” and different phrases or the unfavourable of those phrases and comparable expressions as they relate to the relevant firm or its administration establish forward-looking statements. Such statements replicate the present view of Vinco Ventures with respect to future occasions and are topic to dangers, uncertainties, assumptions and different components referring to Vinco Ventures and its subsidiaries and consolidated variable curiosity entities together with Lomotif, their trade, monetary situation, operations and outcomes of operations. Such components embrace, however should not restricted to, the anticipated advantages from Vinco Ventures’ investments in Lomotif and associated development initiatives and techniques such because the blended media, cross-platform distribution technique, the anticipated advantages of Lomotif’s participation in and sponsorship of stay leisure occasions, the anticipated advantages from acquisition of AdRizer and deliberate integration of the AdRizer expertise with Lomotif and Honey Badger and synergies between AdRizer, Lomotif and Honey Badger and such different dangers and uncertainties described extra absolutely in paperwork filed by Vinco Ventures with or furnished to the Securities and Change Fee, together with the chance components mentioned in Vinco Ventures’ Annual Report on Type 10-Okay for the interval ended December 31, 2021 filed on April 15, 2022, which can be found at www.sec.gov. Ought to a number of of those dangers or uncertainties materialize, or the underlying assumptions show incorrect, precise outcomes could differ considerably from these anticipated, believed, estimated, anticipated, meant, or deliberate. Though we consider that the expectations mirrored within the forward-looking statements are affordable, we can’t assure future outcomes, efficiency, or achievements. Besides as required by relevant legislation, together with the securities legal guidelines of america, we don’t intend to replace any of the forward-looking statements to evolve these statements to precise outcomes.

About Vinco Ventures

Vinco Ventures (NASDAQ:BBIG) is targeted on the event of digital media and content material applied sciences. Vinco Ventures’ consolidated subsidiary, ZVV Media Companions, LLC, a three way partnership of Vinco Ventures and ZASH World Media and Leisure Company, has an 80% possession curiosity in Lomotif Personal Restricted. Vinco Ventures owns a 100% possession curiosity in AdRizer, LLC.

For extra info, please go to buyers.vincoventures.com and comply with us on LinkedIn and Twitter.

For additional info, please contact:

Investor Contact

KCSA Strategic Communications
Allison Soss
[email protected]

Media Contact

Vinco Ventures, Inc.
Brian Hart
[email protected]

SOURCE: Vinco Ventures, Inc.

View supply model on accesswire.com:
https://www.accesswire.com/713613/Vinco-Ventures-Declares-Government-Management-Modifications



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