Tony G Co-Investment Holdings Announces Appointment of CEO

Rhea-AI Summary

Tony G Co-Investment Holdings has appointed Matt Zahab as its new Chief Executive Officer and director, effective June 8, 2025. Zahab, currently serving as Chief Marketing Officer and Podcast Host at CryptoNews.com, brings expertise in marketing, growth, strategy, and sales to the role. The leadership transition includes former Interim CEO Gediminas Klepackas moving to the position of Chief Operating Officer. Zahab's appointment comes at what the company describes as a pivotal time, with the new CEO expressing commitment to executing strategic vision, exploring investment opportunities, and creating long-term shareholder value. The company is listed on the Canadian Securities Exchange under the symbol TONY.

Positive

• Appointment of experienced technology professional Matt Zahab as CEO with expertise in marketing, growth, and strategy
• Strategic leadership restructuring with former interim CEO transitioning to COO role, maintaining continuity

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - June 10, 2025) - Tony G Co-Investment Holdings Ltd. (CSE: TONY) (the "Company" or "Tony G") is pleased to announce that Mr. Matt Zahab has been appointed the Chief Executive Officer and a director of the Company effective June 8, 2025. In connection therewith, Mr. Gediminas Klepackas resigned as the Interim Chief Executive Officer of the Company and was appointed the Chief Operating Officer of the Company.

Mr. Zahab is a technology professional with a proven track record in helping companies grow, and specializes in marketing, growth, strategy, and sales. Mr. Zahab is currently the Chief Marketing Officer and Podcast Host at CryptoNews.com; in this role, he leads strategic marketing initiatives and hosts the widely acclaimed "Cryptonews Podcast", where he engages with industry leaders to discuss emerging trends and innovations in blockchain technology.

"It's an honour to join the Company at such a pivotal time. Tony G has a proven track record as a visionary investor with bold convictions and global reach. I look forward to executing our strategic vision, exploring high-impact investment opportunities, and delivering long-term value for our shareholders. I'm thrilled to lead the Company into its next chapter."

For more information, please contact:

Gediminas Klepackas
Chief Operating Officer
Tel: (647) 365-2867
Email: contact@tony.holdings

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254984

FAQ

Who is the new CEO of Tony G Co-Investment Holdings (BGRDF)?

Matt Zahab, a technology professional and former Chief Marketing Officer at CryptoNews.com, was appointed as CEO effective June 8, 2025.

What is Matt Zahab's background before joining Tony G Co-Investment Holdings?

Matt Zahab was the Chief Marketing Officer and Podcast Host at CryptoNews.com, where he led strategic marketing initiatives and hosted the Cryptonews Podcast, specializing in marketing, growth, strategy, and sales.

What happened to the previous CEO of Tony G Co-Investment Holdings?

Gediminas Klepackas, who served as Interim CEO, has transitioned to the role of Chief Operating Officer of the company.

When did Matt Zahab become CEO of Tony G Co-Investment Holdings?

Matt Zahab was appointed as CEO effective June 8, 2025.

What stock exchange is Tony G Co-Investment Holdings listed on?

Tony G Co-Investment Holdings is listed on the Canadian Securities Exchange (CSE) under the symbol TONY.