Beneficient Appoints Karen J. Wendel to Board of Directors
22 Novembro 2024 - 8:00AM
Beneficient (Nasdaq: BENF) (“Ben” or the
“Company”), a technology-enabled financial services
holding company, today announced the appointment of Karen J. Wendel
as an independent member of the Company’s Board of Directors as of
November 21, 2024. In addition to being an independent director,
she was appointed to serve on the Audit, Products and Related Party
Transactions and Enterprise Risk committees of the Board.
Ms. Wendel is the President and CEO of TrustChains, a boutique
cybersecurity advisory firm based in San Francisco. She is an
experienced executive with strong skills in banking, technology
M&A, cybersecurity, private equity, corporate governance, risk
management, and the emerging blockchain and DeFi space. Her
strategic expertise provides unique decision-making skills for
board-level strategic and tactical requirements. She has held
executive and board roles in US and global private and public
companies.
“We have identified a need for a board director with experience
in the digital space,” said Beneficient’s CEO and Chairman Brad
Heppner. “Karen fits that role perfectly as well as having
significant experience counseling public and private companies and
has served as CEO of four separate companies, which has provided
her insight on blockchain technology for cybersecurity, asset
management and other contexts. We are very honored to welcome her
to the Beneficient Board.”
Ms. Wendel received Bachelor of Science degrees in Economics and
International Relations from Brigham Young University. She has led
major transformational projects across multiple geographies and
industry segments that range from transaction processing to global
cybersecurity and identity platforms to emerging technologies in
the insurance, healthcare, and pharmaceutical arenas. She has
played critical roles in the development and deployment of
regulatory strategies for both banks and banking infrastructure
players. She has guided private equity firms and their portfolio
companies in developing strategies for the financial services,
cybersecurity, and identity management segments.
About BeneficientBeneficient (Nasdaq: BENF) –
Ben, for short – is on a mission to democratize the global
alternative asset investment market by providing traditionally
underserved investors − mid-to-high net worth individuals,
small-to-midsized institutions and General Partners seeking
exit options, anchor commitments and valued-added services for
their funds − with solutions that could help them unlock the value
in their alternative assets. Ben’s AltQuote™ tool provides
customers with a range of potential exit options within minutes,
while customers can log on to the AltAccess® portal to explore
opportunities and receive proposals in a secure online
environment.
Its subsidiary, Beneficient Fiduciary Financial, L.L.C.,
received its charter under the State of Kansas’ Technology-Enabled
Fiduciary Financial Institution (TEFFI) Act and is subject to
regulatory oversight by the Office of the State Bank
Commissioner.
For more information, visit www.trustben.com or follow us on
LinkedIn.
Investors
investors@beneficient.com
Contacts
Matt Kreps: 214-597-8200, mkreps@darrowir.comMichael
Wetherington: 214-284-1199, mwetherington@darrowir.comInvestor
Relations: investors@beneficient.com
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