BARTLETT, Tenn., Dec. 23, 2022 – SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a technology and telecommunications company focused on the underbanked and underserved, announced the election of Laurie Weisberg and Richard Schurfeld to the company's Board of Directors. Along with the above election, the company announces the resignation of Jay Jones from the Company's Board of Directors. Both changes are effective immediately.
"We are pleased to welcome Laurie and Rich to the SurgePays Board of Directors at a critical time in the maturation of our company," stated Brian Cox, SurgePays, Inc's Chief Executive Officer. "In addition to their operational leadership experience in their respective industries, Laurie and Rich are well-versed in key legal and growth-related governance and policy issues expected to influence important business dynamics in companies such as ours. We are looking forward to their insightful and wise contributions to our Board."
Ms. Laurie Weisberg joins SurgePays' Board with over 30 years of experience in digital technology, data, and marketing services senior management. Previously, she had been involved in several companies across the technology industry, holding positions including Chief Executive Officer, Chief Sales Officer, Chief Revenue Officer, and board member. From July 2020 through September 2022, Ms. Weisberg was the Chief Executive Officer for Creatd, Inc., a technology and creator services company. From February 2019 to Jul 2020, she was Chief Sales Officer for Intent, Inc., a company involved in data and digital media advertising. From January 2018 to February 2019, she was Chief Revenue Officer of Thrive Inc., a technology company founded by Arianna Huffington that focused on a new technology platform for health and wellness in the workplace. Before that role, Ms. Weisberg spent six years at Oracle from October 2010 to October 2017, leading commercial for their new data business unit that acquired her previous company for a 31X ROI for private investors. Ms. Weisberg is also the Chief Commercial Officer of Whalar inc, a creator commerce company helping creators, social platforms, and brands drive growth. As part of Creatd, Ms. Weisberg served on the Board as director.
Rich Schurfeld joins SurgePays' Board, having founded Redsson over 20 years ago and where he currently serves as CEO. Redsson has been a sector leader in software-based telecom billing and management while evolving into a Software as a Service (SaaS) product, mainly providing solutions involving the intricacies of public records information. Mr. Schurfeld is a creative-thinking entrepreneur who successfully procures market solutions through the take-charge initiative. Prior to founding Redsson, Mr. Schurfeld worked at Dean Witter enabling him to earn securities licenses 7, 6, 65, 3 and gain valuable experience in the US securities markets. Early in his career, Mr. Schurfeld spent time in the USAF, first as a cadet at the US Air Force Academy and later active duty. Post-military he was first a player, and then later served on the coaching staff of the USA Rugby Men’s National Team including two Rugby World Cups.
"On behalf of my fellow Board members and SurgePays' management team, I would like to thank Jay for his dedicated service as a board member. We look forward to engaging more closely as we scale the company," continued Mr. Cox. "Jay will transition from an independent director to an advisory role where he will be more hands-on with senior management of the Company and better able to utilize his telecom and carrier expertise in matters such as margin architecture."
About SurgePays, Inc.
SurgePays, Inc. is a technology and telecommunications company focused on the underbanked and underserved communities. SurgePhone Wireless provides mobile broadband to low-income consumers nationwide. SurgePays blockchain fintech platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech hubs for underbanked neighborhoods. Please visit SurgePays.com for more information.
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