VerifyMe, Inc. Appoints Adam Stedham as New CEO

VerifyMe, Inc. has announced the appointment of Adam Stedham as its new Chief Executive Officer (CEO)

May 31, 2023

VerifyMe, Inc., a provider of time and temperature sensitive logistics, supply chain traceability and monitoring, authentication, anti-counterfeiting, and data-rich consumer engagement services, has announced the appointment of Adam Stedham as its new Chief Executive Officer (CEO). The company, along with its subsidiaries Trust Codes Global Limited and PeriShip Global LLC, looks forward to leveraging Stedham's expertise and vision to drive growth and deliver substantial value to shareholders and customers.

A New Leadership Era Begins

VerifyMe, Inc. is excited to welcome Adam Stedham as its new CEO, effective from June 19, 2023. Stedham, who joined the company's Board in April 2022, brings a wealth of experience to the position. Notably, he served as the CEO of GP Strategies, a former NYSE company, where he played a pivotal role in the successful sale of the company for approximately $400 million. Under Stedham's leadership, GP Strategies experienced remarkable revenue growth, surpassing $450 million. His track record includes guiding the company through challenging times, such as the pandemic, and successfully integrating acquisitions, establishing foreign operations, and building a robust sales team.

Scott Greenberg's Role Transition

Scott Greenberg, the interim CEO of VerifyMe, will transition into the role of Chairman of the Board, following Stedham's appointment as CEO. Greenberg, who led the company during the interim period, expressed his confidence in Stedham's ability to lead VerifyMe's future endeavors. He highlighted Stedham's proven leadership skills and strategic vision as key factors that make him the ideal candidate to steer the company forward.

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