Business
Rightscorp Announces Transition into New Executive Team with Appointment of Cecil Bond Kyte as CEO
Rightscorp Announces Transition into New Executive Team with Appointment of Cecil Bond Kyte as CEO.
About this update from Rightscorp, Inc.
[{"type":"text","content":"\n\n\n\nRightscorp Announces Transition into New Executive Team with Appointment of Cecil Bond Kyte as CEO\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRightscorp Announces Transition into New Executive Team with Appointment of Cecil Bond Kyte as CEO\nPR Newswire\nSANTA MONICA, Calif., Feb. 21, 2017\n\n\n\nSANTA MONICA, Calif., Feb. 21, 2017 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), a leading provider of data and analytic services to support artists and owners of copyrighted property, today announced the transition of its executive management team which will include the appointment of Mr. Cecil Bond Kyte as the Company's new Chief Executive Officer. Mr. Christopher Sabec, the Company's current CEO, will serve as President and continue to spearhead Rightscorp's intellectual property litigation support and copyright monetization services with the content industry's leading artists, creators, and copyright holders.\n\nMr. Kyte was appointed Chief Financial Officer in June 2015. He had been a consultant prior to that and since then has led the Company's financial activities, including capital raising and investor development, as well as assisting with executive operations and business development. Mr. Kyte has familiarized himself with the industry, as well as the Company's customers and the marketplace, and will continue working closely with Mr. Sabec to develop the corporate strategy. \n\nMr. Kyte previously served as CEO and Chairman of a California-based publicly traded energy technology company.  Under his stewardship, that company grew from roughly $10 million in market capitalization in 2007 to over $350 million by 2013 and accessed roughly $40 million in equity-based capital. \n\nMr. Kyte said, \"We have made tremendous strides in our business and educating the industry on the importance of copyright protection over the years, and it is a privilege for me to lead the Company in a greater capacity. As we move forward with the planned executive transition process, we look forward to enhancing and leveraging our capabilities to deliver greater value for our...