Recruiter.com Group Appoints New CEO and Board Members

Recruiter.com Group, trading on the NASDAQ under the symbol RCRT, has recently made significant changes to its leadership team. In a document filed with the Securities and Exchange Commission on December 31, 2024, the company announced the appointment of Yu-san “Debra” Chen Volpone as the Chief Executive Officer and a member of the Board of Directors, taking effect from January 1, 2025.

Debra Chen Volpone, aged 45, brings a wealth of experience in capital markets, corporate governance, and global business leadership. She has held various key positions in leading firms and possesses a strong background in finance and strategic consultancy. Prior to joining Recruiter.com Group, she served in roles at prominent organizations such as Oxford Metrica and China Cablecom Holdings.

As part of Ms. Chen Volpone’s appointment, the company has entered into an Employment Agreement with her, outlining the terms of her employment. The agreement is set for a term of one year with an automatic six-month extension option, with a base salary of $350,000 and potential performance bonuses based on predefined criteria.

In addition to Ms. Chen Volpone’s appointment, Recruiter.com Group saw the resignation of Wallace D. Ruiz, Deborah Leff, and Steve Pemberton as directors. To fill these vacancies, the company appointed Elsa Sung and David Kratochvil to join the Board as directors. Elsa Sung, with over 20 years of financial and accounting experience, has been appointed chairwoman of the Audit Committee, while David Kratochvil, with a diverse background in finance and investment banking, brings extensive experience to the Board.

Upon their appointments, both new directors were granted restricted stock units and additional compensation for their roles. Ms. Sung was offered 50,000 restricted stock units, quarterly payments, and an additional sum for chairing the Audit Committee. Mr. Kratochvil received a similar compensation package, including restricted stock units and a quarterly payment.

Further reflecting these changes, Recruiter.com Group issued a press release on January 3, 2025, announcing the appointment of Ms. Chen Volpone as the Chief Executive Officer. This strategic move is part of the company’s growth plans and its commitment to leveraging advanced technologies and data-driven insights to revolutionize traditional markets.

The information in this document, including the press release, is provided as part of Regulation FD Disclosure and is not considered part of a formal filing under the Securities Act of 1933 or the Exchange Act. For further details on the appointments and related agreements, interested stakeholders can refer to the full text of the filed document on the SEC’s website.

These leadership changes mark a significant milestone for Recruiter.com Group as it positions itself for growth and innovation under the guidance of its new executives.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Recruiter.com Group’s 8K filing here.

About Recruiter.com Group

Recruiter.com Group, Inc operates an on-demand recruiting platform in the United States and internationally. It offers consulting and staffing services for the placement of professional recruiters; and consulting and staffing personnel services to employers. The company also provides referrals of qualified candidates to employers; and subscription to its web-based platforms that help employers recruit talent.