Rubicon Names Kevin Schubert as Chief Financial Officer
Rubicon Technologies, Inc. (NYSE: RBT) announced the appointment of Kevin Schubert as Chief Financial Officer, effective immediately, in addition to his role as president. Schubert aims to enhance the company’s financial operations and accelerate its path to profitability. He has previously held positions at various public companies and has contributed to securing funding and restructuring debt. Former CFO Jevan Anderson will step down but has been praised for his contributions in guiding Rubicon through its public company transition. The company continues to focus on innovation in waste and recycling technology.
- Kevin Schubert's appointment as CFO may enhance financial strategies.
- Schubert's experience includes securing funding and restructuring debt, vital for financial health.
- Jevan Anderson's departure could disrupt financial operations during a crucial transition.
In addition to his current responsibilities as president, Schubert will now oversee Rubicon’s end-to-end financial operations and further develop the financial infrastructure, teams, and processes to help the Company meet its strategic goals, including the acceleration of the Company’s progress to profitability. Prior to serving as the Company’s president, Schubert was Rubicon’s Chief Development Officer. He has been instrumental in helping Rubicon secure its recent rounds of funding and in helping to restructure the Company’s debt, two key goals as articulated during the third quarter 2022 earnings call.
Before joining Rubicon, Schubert held senior executive and advisory roles with multiple public companies, including Red Rock Resorts Inc., the Las Vegas Sands Corp., and he recently held the role of Chief Financial Officer for
Schubert holds a JD and an MBA from The
“Today we are thrilled to announce
About Rubicon
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), regarding, among other things, the plans, strategies and prospects, both business and financial, of Rubicon. Although Rubicon believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, Rubicon cannot assure you that it will achieve or realize these plans, intentions or expectations. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “could,” “would,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends,” the negative of such terms and similar expressions, although not all forward-looking statements contain such identifying words. Forward-looking statements are inherently subject to risks, uncertainties and assumptions and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statement. These forward-looking statements are based upon current expectations, estimates, projections, and assumptions that, while considered reasonable by Rubicon and its management, are inherently uncertain; factors that may cause actual results to differ materially from current expectations include, but are not limited to: 1) the outcome of any legal proceedings that may be instituted against Rubicon or others following the closing of the business combination; 2) Rubicon’s ability to meet the New York Stock Exchange’s listing standards following the consummation of the business combination; 3) the risk that the business combination disrupts current plans and operations of Rubicon as a result of consummation of the business combination; 4) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; 5) costs related to the business combination; 6) changes in applicable laws or regulations; 7) the possibility that Rubicon may be adversely affected by other economic, business and/or competitive factors, including the impacts of the COVID-19 pandemic, geopolitical conflicts, such as the conflict between
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