Phunware, Inc. Announces Termination of Alan Knitowsk, President, Effective December 26, 2022
October 21, 2022 at 05:22 pm
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Phunware, Inc. has provided a Notice of Non-Renewal of Employment Agreement to the President, Alan Knitowski. By its terms, Mr. Knitowski's Employment Agreement with the Company will terminate on December 26, 2022, at which time Mr. Knitowski would become an employee at will of the Company until such further action is taken by the Company or by Mr. Knitowski to terminate his employment. The Board of Directors of the Company has formed a Leadership Transition Committee and has engaged a consulting firm to commence a search for new leadership candidates. That process is ongoing and is expected to be completed by the end of December 2022.
In addition, on October 19, 2022, Mr. Knitowski submitted notice of resignation to the Company effective as of the expiration of his Employment Agreement.
Phunware, Inc. offers a fully integrated cloud platform for mobile that provides companies with products, services and solutions necessary to engage, manage and monetize their mobile application portfolios and audiences at scale. Its platform provides the entire mobile lifecycle of applications, media and data in one login through one procurement relationship. Its offerings include Enterprise mobile software development kits (SDKs) including content management, location-based services, marketing automation, business intelligence and analytics, notifications and messaging, audience engagement and audience monetization; Integration of its SDK licenses into existing applications maintained by its customers, and custom application development and support services; Cloud-based vertical solutions, and Application transactions for mobile audience building, user acquisition, application discovery, audience engagement and monetization, including its engagement-driven digital asset PhunToken.