Net Element Appoints Fintech Executive to Board of Directors

Net Element (NASDAQ:NETE) has announced that it has appointed Mr. Jonathan Fichman to its board of directors and will serve as a member of Net Element’s audit, nominating and governance and compensation committees.

As quoted in the press release:

Fichman brings over 20 years of strategic domestic and international finance expertise within Fortune 100 companies, is a Bank of America Merrill Lynch veteran, and a former Wall Street analyst.  His experience includes FinTech, payments, blockchain, wealth management and banking.  Fichman holds a Six Sigma Black Belt accreditation and serves on multiple for profit and nonprofit boards.

Net Element CEO, Oleg Firer, commented, “We are pleased to have Jonathan join our board. He brings extensive, payments, financial, governance and technology experience complementary to our current Board composition and I am confident that he will be a valuable asset to our Company and its shareholders.”

Fichman commented, “Net Element has a great ability to deliver technology-enabled, software-driven solutions that create value beyond just processing payments.  The company’s recently announced plans to create a blockchain payments platform and its recently released next generation cloud-based point of sale payments system will both be impactful innovations for the industry.  I look forward to joining the board of directors and being a key contributor towards the success of Net Element.”

Click here to read the full press release.