1606 Corp. Announces Austen Lambrecht as CEO ... SEATTLE, WA / ACCESSWIRE / July 23, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, announced the board appointment of Austen Lambrecht as its new Chief Executive Officer (CEO) and chairman of the board, effective as of May 31, 2024. Mr. Lambrecht steps into this role with a distinguished career in public companies and AI chatbots, most recently serving as Vice President of 1606, where he drove significant advancements in corporate operations, compliance, and AI technology integration.
Since Mr. Lambrecht's appointment the Company's stock price and volume have increased significantly as the stock price has more than doubled and volume has more than tripled.
Austen Lambrecht began his career in 2019 at SinglePoint Inc, a public company currently listed on the Chicago Board Options Exchange (CBOE), where he played a pivotal role in research and development, focusing on the company's solar and hemp subsidiaries. His tenure at 1606 since its inception has been marked by notable achievements, including successfully navigating acquiring a stock symbol, effectiveness of an S-1 filing, maintaining current status with OTC Markets, filing a Form 1-A under Regulation A, and spearheading the Company's transition to AI technology. Under Mr. Lambrecht's leadership, CBDW pioneered the development of AI Chatbots tailored for the CBD and Investor Relations sectors, enhancing customer engagement and operational efficiency.
"After my resignation, Austen Lambrecht assumed the roles of CEO and Chairman of the board at CBDW, demonstrating his strategic foresight and operational acumen," said Greg Lambrecht, former CEO at 1606 Corp. "His innovative approach to technology, deep understanding of market dynamics, and experience running a public company make him an exceptional choice to lead 1606 through its next phase of growth."
Austen Lambrecht attended the W.P. Carey School of Business at Arizona State University, where he specialized in Sports Business. His educational background, combined with extensive industry experience, positions him well to drive 1606's strategic initiatives and enhance its market position.
"I am excited to take over 1606 Corp. and lead the Company in leveraging technology to innovate and expand our footprint in the industry," said Austen Lambrecht. "I look forward to collaborating with our talented team to deliver value to our customers and shareholders."
https://www.accesswire.com/891349/1606-corp-announces-austen-lambrecht-as-ceo-and-chairman-of-the-board