VerifyMe Announces Passing of Company Founder and Former Chairman Norman Gardner
VerifyMe, Inc. (NASDAQ: VRME) has announced the passing of its founder and former Chairman, Norman Gardner, due to complications from COVID-19.
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Rhea-AI Summary
VerifyMe, Inc. (NASDAQ: VRME) has announced the passing of its founder and former Chairman, Norman Gardner, due to complications from COVID-19. Mr. Gardner's contributions began in November 1999 and he served in various leadership roles until his departure as Chairman in April 2021. Current CEO Patrick White expressed deep sorrow over the loss, calling Gardner a brilliant inventor and personal mentor. VerifyMe specializes in technology solutions connecting brands and consumers, focusing on brand protection and supply chain features.
Positive
- Norman Gardner served as founder and multiple leadership roles at VerifyMe since November 1999, demonstrating strong company tenure.
- Gardner's expertise contributed significantly to the company's technological solutions in brand protection and supply chain management.
Negative
- The passing of Norman Gardner may lead to uncertainty in leadership and strategic direction at VerifyMe.
Details
News Market Reaction – VRME
The recorded move for VRME in the trading session of this news was -2.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROCHESTER, N.Y., Feb. 18, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), announced today that Norman Gardner, former Chairman and founder of VerifyMe, has passed away due to complications from COVID-19.
It is with great sadness that VerifyMe announces the passing of our founder, Norman Gardner. Mr. Gardner was previously a director and Vice-Chairman of the Company from the Company's inception in November 1999 until January 2013. He served as our Chief Executive Officer from November 1999 until January 2013, and from January 2017 until August 2017. Mr. Gardner was the Chairman of the Board from June of 2017 until April of 2021. He has been a consultant to the Company since his departure as Chairman.
Patrick White, Chief Executive Officer commented, "Norm's sudden passing is a tremendous loss. Norman was not only our founder he was also a brilliant inventor who worked every day over the last 20 plus years to improve and nurture VerifyMe. On a personal note, Norman was my mentor and one of my very best friends. We will miss him immensely. We extend our sympathies to his family, particularly his wife, Annette."
About VerifyMe, Inc.
VerifyMe, Inc. (NASDAQ: VRME), is a technology solutions provider specializing in products to connect brands with consumers. VerifyMe technologies give brand owners the ability to gather business intelligence while engaging directly with their consumers. VerifyMe technologies also provide brand protection and supply chain functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging and products. To learn more, visit www.verifyme.com.
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SOURCE VerifyMe, Inc.
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