Genius Group announces resignation of CFO, four new board appointees

Genius Group announced changes to its board and management team that it calls “commensurate with its international growth plans.” The company’s board of directors has appointed Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power and Gary Pattison to the Board, “bringing with them extensive experience at Board and Senior Management levels in high-growth, international public companies and higher education institutions,” the company stated. “The new appointments replace four directors who are exiting the Board. Following a written request from the Company’s Senior Management and certain shareholders for their resignations, on October 10, 2024, Michael Moe, Richard Berman, Salim Ismail and Riaz Shah submitted their resignations to the Company, which were accepted by the Board of Directors. The resignation of the four directors was requested due to conflicts of interest and breaches of fiduciary and statutory duties to the Company as set forth in the Form 6-K filed with the Securities and Exchange Commission on October 15, 2024. As part of the Board and management restructuring, Adrian Reese has resigned as CFO and Gaurav Dama has been appointed as Interim CFO. Gaurav Dama has been Senior Finance Manager for the Company for seven years, managing the Company’s global finance team,” Genius Group added. The CEO of Genius Group, Roger Hamilton, said, “Genius Group is building an increasingly international footprint with the growth of our AI-powered education platform and Genius Cities model. This restructure aligns with our growth in Asia, Europe and South America, and I look forward to working with our new Board and management to achieve our mission.”