Business
AudioEye Appoints Todd Bankofier as Chief Revenue Officer
TUCSON, Ariz., Sept. 19, 2019 /PRNewswire/ -- The Board of Directors of AudioEye, Inc. (NASDAQ: AEYE), a leading developer of digital accessibility solutions
About this update from Audioeye, Inc.
[{"type":"text","content":"TUCSON, Ariz., Sept. 19, 2019 /PRNewswire/ -- The Board of Directors of AudioEye, Inc. (NASDAQ: AEYE), a leading developer of digital accessibility solutions that provide barrier-free website access for individuals with disabilities, has appointed Todd Bankofier to the new position of Chief Revenue Officer (CRO). Bankofier ceases to serve as the company's Chief Executive Officer (CEO), effectively immediately. Executive Chairman Carr Bettis has assumed operating responsibilities and will continue to do so until a new CEO has been appointed.\n\n \nWith support from the Board of Directors and other members of the management team, AudioEye has initiated a search for a new CEO to execute on the company's long-term plan to drive growth at scale.\n\"On behalf of the entire AudioEye team, I want to extend our appreciation to Todd for his guidance in helping drive our fast-growing business to the position of strength we occupy today,\" said Executive Chairman Carr Bettis. \"Under his leadership as CEO, AudioEye reported 14 consecutive quarters of revenue increases, expanded our footprint to well over 3,000 customers and entered into entirely new markets for digital accessibility. Todd's track record makes him the ideal leader to drive our enterprise sales efforts forward as our new CRO.\"\nBettis continued: \"AudioEye has a tangible opportunity ahead for explosive growth across a number of industries and technology formats, and we believe we are well positioned to deliver. Beginning first with our recent CFO appointment, and as the next step in our long-term succession plan, the board has initiated a search process for a CEO with proven product and leadership experience in organizations with scale or rapidly growing in scale like ours. In the meantime, and with Todd's assistance, I look forward to taking an increased operational role within the company to ensure total continuity until we appoint a new CEO.\"\nAs CRO, Bankofier will be leading AudioEye's Direct Channel and will be responsible for driving growth through new customer acquisition (NCA) in the enterprise segment of the market.\n\"AudioEye is in its best position to date, but I'm most excited about where we're going next,\" said Bankofier. \"We have a tremendous opportunity ahead of us, and I look forward to being a part of that journey and leading our enterprise sales team t...