TMCnet News
Net Element Appoints Jon 'Dr. J' Najarian to Board of DirectorsCNBC cast member of the “Halftime Report” and “Fast Money” joins Net Element’s board of directors MIAMI, FL, March 08, 2018 (GLOBE NEWSWIRE) -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that Mr. Jon Najarian has joined Net Element’s board of directors and will serve as a member of the Company’s Audit, Compensation, Nominating and Corporate Governance committees. Net Element CEO Oleg Firer commented, “We are excited to have Jon join our board. He brings extensive financial, capital markets, cryptocurrency and blockchain insights to Net Element, and we look forward to his advice and direction as we move ahead with corporate initiatives.” Najarian commented, “I am impressed with Net Element’s technologies and its goals to disrupt the payments industry through innovation and value-added service offerings that include its recently announced plans for a decentralized blockchain platform. I am excited for what the future holds for Net Element, and am eager to support and advise on the Company’s current strategy. I look forward to joining the team.” Najarian is a professional investor, money manager and media analyst. He is a co-founder of Investitute, LLC, the industry leading options education firm that recently launched “Crypto Basics,” new educational course which covers the basics of cryptocurrency, blockchain technology, altcoins and Initial Coin Offerings (ICOs). Najarian is also a host of the International ICO Channel, a part of CoinBoost, whose goal is to bridge the divide between blockchain and mainstream media by offering distribution to traditional financial media outlets. In 2016, Najarian and his brother Pete co-founded Najarian Advisors, a company advising institutional investors on options strategies. The brothers invest in and work with start-ups via Rebellion Partners, a venture consulting firm they launched in 2015. Najarian can be seen weekly on CNBC, where he is a cast member of the “Halftime Report” and the “Fast Money” show. Najarian is also the feature of the “DRJ Report” on CBOE-TV, te exchange’s popular webcast. Najarian was a linebacker for the Chicago Bears before he focused his attention to trading on the Chicago Board Options Exchange (“CBOE”). He became a member of the CBOE, NYSE, CME and CBOT and worked as a floor trader for 25 years. In 1990, he founded Mercury Trading, a market making firm at the CBOE, which he sold in 2004 to Citadel, one of the world’s largest hedge funds. In 2005, Najarian co-founded optionMONSTER and tradeMONSTER – he negotiated a partnership with General Atlantic Partners in 2014, which then began a roll-up strategy, resulting ultimately in a sale to E*Trade for $750 million in September of 2016. Najarian developed and patented trading applications and algorithms used to identify unusual activity in stock, options, futures and cryptocurrency markets. optionMONSTER, an options news and education site was described by Securities Industry News as “content king of the options business.” Najarian’s CNBC Profile Page is available at: https://www.cnbc.com/jon-najarian Follow Najarian on Twitter: @jonnajarian The Company’s 8-K filing reflecting the appointment was filed with the Securities and Exchange Commission (SEC) on March 8, 2018 and is available on the SEC’s website. About Net Element Forward-Looking Statements Net Element, Inc. 1-786-923-0502 [email protected] |