VANCOUVER, Aug. 14, 2019 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") has announced the appointment of John Sexton Abrams as President and CEO, effective immediately.
Mr. Abrams' previous leadership successes range from creating Redbox, a non-stop revenue-producing asset for McDonald's Corporation (MCD:NASDAQ) that sold to Coinstar for US$200 million, and the separation of various Cardinal Health (NYSE:CAH) assets to form CareFusion (NYSE:CFN), which was acquired for US$12.2 billion by Becton Dixon and Co (BDX:NASDAQ).
Most recently, before joining Venzee as VP Channel Partnerships, Mr. Abrams led strategy and partner engagement for Shotfarm, LLC, a Product Information Distribution platform (PID) that was recently acquired by Syndigo, for undisclosed terms.
Mr. Abrams commented, "I'm excited to move into a greater leadership role with Venzee. Our platform enables enterprise clients to unlock unprecedented growth from a fully-integrated, highly-autonomous, global supply chain. My bold vision for Venzee's future growth is based on consumer-driven, highly-efficient trade. I am excited to be in a position to unlock our tremendous potential. I look forward to growing our channel partner base, expanding our list of API integrated retailers, and accelerating the growth of our business."
Over the course of the last year, Mr. Abrams has led Venzee to shift its growth towards a channel partnership model, which has allowed the Company to access industry-leading technology partners and more than 100,000 client brands and manufacturers, including Amazon, Shopify, and Wayfair. Mr. Abrams' strategic approach has allowed Venzee's partners to provide their clients with intelligent technology that removes manual processes and allows brands, manufacturers, distributors, and retailers to operate at the speed of digital commerce.
For more than two decades, Mr. Abrams has helped global brands – McDonald's Corporation, Kaiser Permanente, Cardinal Health – leverage better data to reduce cost, improve supply chain processes and transform the customer experience. As a member of GS1 at the global level, Mr. Abrams worked to unlock the promise of a safer and more efficient healthcare system with better, more complete and more timely data – exchanged with any trading partner seamlessly, on a global scale.
Peter MacKay will be stepping down from his position as President and CEO of Venzee. The Company is thankful for his time during this transition and wishes him well in his future endeavors.