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Home / Business and Economy / CEO Ousted in SEC Settlement, New Leader Takes Helm

CEO Ousted in SEC Settlement, New Leader Takes Helm

20 Nov

•

Summary

  • Curastory CEO replaced following SEC settlement over alleged revenue overstatement.
  • Founder Tiffany Kelly resigns as CEO but remains a major shareholder.
  • New CEO Dave Dickman spearheads fundraising and international expansion efforts.
CEO Ousted in SEC Settlement, New Leader Takes Helm

The Securities and Exchange Commission has reached a settlement with content monetization platform Curastory, leading to the resignation of its founder and CEO, Tiffany Kelly. The allegations involved overstating revenue and misrepresenting client numbers to investors. Kelly, who founded Curastory in 2021, agreed to the settlement terms without admitting or denying the SEC's claims.

Stepping down from her CEO role, Kelly will now serve as an advisor while retaining majority ownership. She expressed her belief that this move was necessary for the company's survival and growth. Dave Dickman, formerly the CEO of influencer marketing platform Tagger, has been appointed as the new CEO. Dickman's immediate focus includes initiating fundraising efforts and charting international expansion.

Under Dickman's leadership, Curastory is set to launch new features, including support for Spotify video and AI integration into its advertising technology. The company also plans to expand into Canada, Australia, and the UK. Kelly highlighted the importance of having a successor who understands the technology and the company's vision, noting the unique challenges faced by women, particularly Black women, in securing venture capital.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Tiffany Kelly resigned as CEO of Curastory as part of a settlement with the SEC over allegations of overstating revenue.
Dave Dickman, former CEO of Tagger, has replaced Tiffany Kelly as the CEO of Curastory.
Curastory is a platform that helps content creators monetize their videos, connecting advertisers with creators for in-video ad placements.

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