VerifyMe, Inc. Appoints Adam Stedham as Chief Executive Officer Effective June 19, 2023
May 31, 2023 at 08:01 am EDT
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VerifyMe, Inc. announced that Adam Stedham has been appointed Chief Executive Officer.Mr. Stedham, who joined the Board of VerifyMe in April 2022 has been named the new Chief Executive Officer of VerifyMe. He will assume the position effective June 19, 2023, replacing interim CEO Scott Greenberg. Mr. Greenberg will remain in his role as Chairman of the Board but will no longer be executive chairman. Until his appointment, Mr. Stedham was CEO of GP Strategies and has served as CEO since June 2020. He also served as President from November 2017 to October 2021. Mr. Stedham joined GP Strategies in 1997, after 6 years as a nuclear reactor operator in the US Navy. He has held roles of increasing responsibility during his tenure, including leading operational service lines, directing acquisitions and divestitures, heading business development, and managing the Asia- Pacific region. He is Chairman of the Board of Global Connections for Women, a non-profit organization. Mr. Stedham has significant expertise in business strategy, mergers and acquisitions, learning and performance innovation, global operations, and strategic relationship management. He holds a Master of Business Administration from Anderson University, Master's of Education from University of Pennsylvania, and Master's in Adult & Community Education from Ball
State University.
VerifyMe, Inc. together with its subsidiaries, PeriShip Global, LLC (PeriShip Global) and Trust Codes Global Limited (Trust Codes Global), is a traceability and customer support services provider using specialized software and process technology. Its segments include Precision Logistics and Authentication. The Precision Logistics and Authentication segments provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. The Precision Logistics segment specializes in predictive analytics for optimizing delivery of time and temperature- sensitive perishable products. The Precision Logistics segment includes bundled services, such as PeriTrack, Service Center, Pre-Transit Service, Post-Delivery, and Weather/Traffic Service. The Authentication segment specializes in traceability to connect brands with consumers through their products.