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Overstock.com's tZERO appoints execs from Barclays, IMAX

Blockchain.mmi9/Pixabay

Thu, 18 Jul 2019, 06:16 am UTC

Overstock.com's blockchain subsidiary tZERO recently poached executives from major entities like Barclays and IMAX and is now poised for explosive growth. The security token company is gearing up to take its tokenization game to another level and the new management team will work to boost its growth plans, brand and market positioning, and business objectives.

In a press release, tZERO revealed that it had recently gotten Brooke Navarro, Michael Mougias, and Alexandra Sotiropoulos to come onboard its voyage. Navarro was appointed as the Head of Issuance while Mougias was designated as the Investor Relations head. Meanwhile, Sotiropoulos is now the firm’s Head of Communications.

Commenting on the recent appointments, tZERO CEO Saum Noursalehi said:

“These appointments are vital to our long-term strategy. On the issuance front, Brooke will drive strategic development of our security token ecosystem by focusing on the supply-side of the equation — working with issuers to bring more quality assets to the PRO Securities ATS.”

“Mike and Alex will spearhead our efforts to continue to develop strategic market positioning for tZERO and engage with current and prospective investors, analysts, media and other tZERO stakeholders. These newly formed roles at tZERO round out the management team and are key to ensuring our continued success. I am proud of the milestones that we have achieved already this year and look forward to what will be achieved through the acquisition of such strong talent.”

With these new hires, tZERO is now on the way to the big leagues, CoinDesk reports. Speaking to the publication, Navarro gave her reason for joining the firm.

“Ecosystems for raising and trading capital have not evolved significantly in decades. I know first hand that issuers and investors want better. By joining tZERO, I have the opportunity to increase the speed and reach of the adoption of new technologies that will modernize the industry,” she said.

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