LAKEWOOD, NJ, Could 31, 2022 (GLOBE NEWSWIRE) — through NewMediaWire — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Firm”), which mixes synthetic intelligence (AI) and cloud-based applied sciences with the customized expertise of a conventional insurance coverage company, right this moment publicizes the appointment of Mr. William Lebovics as Chief Monetary Officer , efficient June 1, 2022. Mr. Blumenfrucht, who beforehand served as Chief Monetary Officer, will proceed as a member of the Firm’s Board of Administrators and can present assist via the transition interval.
Amongst his accomplishments, Mr. Lebovics served because the Finance Supervisor for IDW Media Holdings, the place he was answerable for coping with monetary reporting, financing, and M&A, in addition to different finance associated operations. Moreover, Mr. Lebovics served as Director of Enterprise Growth at IDT Company. Mr. Lebovics brings intensive company finance expertise, together with senior roles at PwC and Nippon Life International Buyers. Mr. Lebovics has an MS in Accounting from Fairleigh Dickenson College, an MS in Actual Property with a focus in Finance and Funding from NYU, and a BS in Enterprise Administration from Touro Faculty.
Mr. Ezra Beyman, Chairman and CEO of Reliance, commented, “I’m happy to welcome William to the senior administration crew. He brings a powerful observe document throughout company finance, capital markets, M&A, budgeting, and compliance, together with his most up-to-date expertise inside NYSE listed corporations. We consider his sturdy talent set shall be essential as we proceed to develop Reliance into a number one nationwide insurance coverage enterprise, each organically and thru future acquisitions. I might particularly prefer to thank Alex for his vital contributions in the course of the early phases of our improvement. Importantly, we’ve got established a scalable monetary infrastructure and reporting techniques, laying the inspiration to assist our future development. I stay up for his continued involvement as a member of our board and consider that separating the function of CFO from our board additionally reinforces our dedication to the best ranges of company governance. Furthermore, William shall be supported by Joel Markovitz w ho will proceed in his present function as Chief Accounting Officer. We couldn’t be extra excited concerning the outlook for the enterprise and consider we’ve got constructed a first-class group to assist understand the total potential of the Firm.”
About Reliance International Group, Inc.
Reliance International Group, Inc. (NASDAQ: RELI, RELIW) is combining superior applied sciences, with the customized expertise of a conventional insurance coverage company mannequin. Reliance International Group’s development technique consists of each an natural growth, together with via 5minuteinsure.com, in addition to buying properly managed, undervalued and money stream optimistic insurance coverage businesses. Further details about the Firm is accessible at https://www.relianceglobalgroup.com/.
This press launch incorporates forward-looking statements inside the that means of the “protected harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Statements aside from statements of historic information included on this press launch might represent forward-looking statements and should not ensures of future efficiency, situation or outcomes and contain numerous dangers and uncertainties. Precise outcomes might differ materially from these within the forward-looking statements because of numerous components, together with these described sometimes in our filings with the Securities and Change Fee and elsewhere. The Firm undertakes no responsibility to replace any forward-looking assertion made herein. All forward-looking statements communicate solely as of the date of this press launch.
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