CEA Industries (BNC) Appoints Seasoned Global Investments Leader, Dr. Russell Read, as Non-Executive Director
CEA Industries (Nasdaq: BNC) has appointed Dr. Russell Read as Non-Executive Director, effective immediately. Dr. Read brings over 30 years of global investment leadership experience, currently serving as Co-Founder, CIO, and Director at Measa Partners.
Dr. Read's impressive background includes roles as CIO at CalPERS, Alaska Permanent Fund Corporation, and Gulf Investment Corporation. He previously chaired the Investors' Committee of the President's Working Group on Financial Markets and has been recognized as one of America's 30 most influential figures in business and finance.
The appointment aims to strengthen BNC's Board expertise in global capital markets, institutional investment, and corporate governance as the company manages the world's largest corporate treasury of BNB.
CEA Industries (Nasdaq: BNC) ha nominato con effetto immediato Dr. Russell Read come Direttore Non Esecutivo. Il Dr. Read vanta oltre 30 anni di esperienza nella leadership negli investimenti a livello globale ed è attualmente Co-Fondatore, CIO e Direttore di Measa Partners.
Il suo profilo include incarichi come CIO presso CalPERS, Alaska Permanent Fund Corporation e Gulf Investment Corporation. Ha inoltre presieduto il Comitato degli Investitori del President's Working Group on Financial Markets ed è stato riconosciuto tra le 30 figure più influenti nel mondo degli affari e della finanza negli Stati Uniti.
La nomina punta a rafforzare le competenze del consiglio di BNC nei mercati dei capitali globali, negli investimenti istituzionali e nella governance aziendale, mentre la società gestisce il più grande tesoro aziendale di BNB al mondo.
CEA Industries (Nasdaq: BNC) ha nombrado con efecto inmediato a Dr. Russell Read como Director No Ejecutivo. El Dr. Read aporta más de 30 años de experiencia en liderazgo de inversiones a nivel mundial y actualmente es cofundador, CIO y director de Measa Partners.
Su trayectoria incluye cargos como CIO en CalPERS, Alaska Permanent Fund Corporation y Gulf Investment Corporation. Anteriormente presidió el Comité de Inversores del President's Working Group on Financial Markets y ha sido reconocido como una de las 30 personas más influyentes en negocios y finanzas en Estados Unidos.
El nombramiento busca reforzar la experiencia del consejo de BNC en mercados de capitales globales, inversión institucional y gobierno corporativo, mientras la compañía gestiona el mayor tesoro corporativo de BNB del mundo.
CEA Industries (Nasdaq: BNC)는 Dr. Russell Read를 즉시 발효로 비상임 이사로 선임했습니다. Read 박사는 30년 이상의 글로벌 투자 리더십 경험을 보유하고 있으며 현재 Measa Partners의 공동창업자이자 CIO, 이사로 재직 중입니다.
그의 경력에는 CalPERS, Alaska Permanent Fund Corporation, Gulf Investment Corporation에서의 CIO 직무가 포함되어 있습니다. 또한 President's Working Group on Financial Markets의 투자자 위원회를 이끈 바 있으며 미국 내 비즈니스·금융 분야의 가장 영향력 있는 30인 중 하나로 선정된 바 있습니다.
이번 선임은 글로벌 자본시장, 기관투자 및 기업지배구조에 대한 BNC 이사회의 전문성을 강화하기 위한 것으로, 회사가 세계 최대 규모의 BNB 기업 자금을 관리하는 상황에서 이뤄졌습니다.
CEA Industries (Nasdaq: BNC) a nommé avec effet immédiat Dr. Russell Read en tant que directeur non exécutif. Le Dr Read apporte plus de 30 ans d'expérience en leadership d'investissement à l'échelle mondiale et est actuellement cofondateur, CIO et directeur de Measa Partners.
Parmi ses fonctions précédentes figurent des postes de CIO chez CalPERS, Alaska Permanent Fund Corporation et Gulf Investment Corporation. Il a également présidé le Investors' Committee du President's Working Group on Financial Markets et a été reconnu comme l'une des 30 personnalités les plus influentes des États-Unis dans les domaines des affaires et de la finance.
Cette nomination vise à renforcer l'expertise du conseil d'administration de BNC en marchés de capitaux mondiaux, en investissements institutionnels et en gouvernance d'entreprise, alors que la société gère le plus grand trésor d'entreprise en BNB au monde.
CEA Industries (Nasdaq: BNC) hat mit sofortiger Wirkung Dr. Russell Read zum Non-Executive Director berufen. Dr. Read verfügt über mehr als 30 Jahre globale Investment-Führungserfahrung und ist derzeit Mitbegründer, CIO und Direktor von Measa Partners.
Sein beeindruckender Werdegang umfasst CIO-Positionen bei CalPERS, Alaska Permanent Fund Corporation und Gulf Investment Corporation. Er leitete zuvor das Investors' Committee der President's Working Group on Financial Markets und wurde zu den 30 einflussreichsten Persönlichkeiten in Wirtschaft und Finanzen in den USA gezählt.
Die Ernennung zielt darauf ab, die Expertise des BNC-Vorstands in globalen Kapitalmärkten, institutionellen Investments und Corporate Governance zu stärken, während das Unternehmen die weltweit größte Unternehmens-Treasury an BNB verwaltet.
- Appointment of highly qualified director with over 30 years of global investment experience
- Addition of expertise in sovereign wealth funds, pension systems, and institutional investments
- Strategic enhancement of corporate governance and institutional engagement capabilities
- None.
New York, Sept. 02, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC), (“BNC” or “the Company”), a growth-oriented company focused on managing the world’s largest corporate treasury of BNB, today announced the appointment of Dr. Russell Read, Ph.D., CFA, as a Non-Executive Director of the Company, effective immediately.
Dr. Read brings more than three decades of global investment leadership and governance experience across sovereign wealth funds, pension systems, private investment firms, and financial institutions in North America, Europe, Asia, and the Middle East.
Currently, Dr. Read serves as Co-Founder, Chief Investment Officer, and Director at Measa Partners, a global investment and advisory firm. He previously held senior leadership roles as Chief Investment Officer of the California Public Employees Retirement System (CalPERS), the Alaska Permanent Fund Corporation (APFC), and the Gulf Investment Corporation (GIC-Kuwait), and as Deputy CIO of Deutsche Asset Management. He also served as Managing Partner of C Change Group, and Senior Advisor to MSCI.
Throughout his career, Dr. Read has advised governments, regulators, and multilateral institutions. He chaired the Investors’ Committee of the President’s Working Group on Financial Markets under U.S. Treasury Secretary Henry Paulson and has been recognized by SmartMoney as one of America’s 30 most influential figures in business and finance.
Dr. Read holds a BA in Statistics and an MBA in Finance and International Business from the University of Chicago, and both a master’s in Economics and a Ph.D. in Political Economy from Stanford University.
“Russell’s appointment strengthens our Board with the addition of his deep expertise in global capital markets, institutional investment, economic policy, and corporate governance,” said David Namdar, Chief Executive Officer of CEA Industries (BNC). “His experience stewarding some of the world’s largest sovereign wealth and pension funds, combined with his proven ability to navigate the intersection of finance, policy, and innovation, will be invaluable as we continue to scale our BNB digital asset treasury and explore new growth opportunities.”
Dr. Read commented: “Since the announcement of their BNB Treasury, CEA Industries has swiftly established itself as a global leader in digital asset treasury management. I look forward to working with David and the Board to further strengthen governance, expand institutional engagement, and position CEA Industries for long-term success.”
About CEA Industries Inc.
CEA Industries Inc. (Nasdaq: BNC) is a growth-oriented company that has focused on building category-leading businesses in consumer markets, including building and managing the world’s largest corporate treasury of Binance Coin (BNB). BNC offers investors institutional-grade exposure to BNB.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This press release specifically contains forward-looking statements regarding BNC’s expectations or beliefs regarding (i) the longevity of the Company’s position as the largest BNB treasury in the world; (ii) the long-term growth and adoption of the BNB ecosystem; (iii) BNC’s role in advancing BNB’s global adoption; (iv) the growth of interest from institutional partners and investors worldwide; (v) BNC being the most trusted and strategically positioned digital asset treasury; and (vi) BNC’s ability to scale its holdings and introduce innovative structures, which result in lasting value to shareholders. BNC wishes to caution readers that these forward-looking statements may be affected by the risks and uncertainties in BNC’s business as well as other important factors may have affected and could in the future affect BNC’s actual results and could cause BNC’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of BNC. In evaluating these forward-looking statements, readers should consider various risk factors, which include, but are not limited to, BNC’s ability to keep pace with new technology and changing market needs; BNC’s ability to finance its current business and proposed future business, including the ability to finance the continued acquisition of BNB; the competitive environment of BNC’s business; and the future value and adoption of BNB. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions and risks, many of which are beyond BNC’s control. In addition, these forward-looking statements and the information in this press release is qualified in its entirety by cautionary statements and risk factor disclosures contained in BNC’s filings with the SEC, including BNC’s Form 10-K filed with the SEC on March 27, 2025, and Form 10-KT filed with the SEC on July 25, 2025, each as may be amended or supplemented from time to time. Copies of BNC’s filings with the SEC are available on the SEC’s website at www.sec.gov . BNC undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
Contacts:
CEA Industries – Media Inquiries BNC@CW8-Communications.com
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