PLEASANT HILL, Calif.--(BUSINESS WIRE)--Textmunication Holdings, Inc. (OTCQB: TXHD) (“the Company”), a cannabis-based holding company, today announced several leadership changes to drive its new strategic direction as it positions itself for future growth. The core of the Company’s new leadership team was announced today following the acquisition of Resonate Blends LLC (“Resonate”), a California-based cannabis Wellness Lifestyle product company.
Resonate’s experienced leadership team will assume the executive management roles of the Company, as of this date, including product development/research, marketing, administration and finance. The Resonate team will focus on maximizing its expertise and relationships in the cannabis Wellness and Lifestyle sector. Geoffrey Selzer, former Creative Head of Disney Interactive, will become the Company’s CEO and Board Director. Pamela Kerwin, former Vice President and General Manager of Pixar Animation Studios, will take over the position of Chief Operating Officer (COO).
Textmunication’s Founder, Wais Asefi, becomes Board Chairman and former COO David Thielen, will serve as Chief Investment Officer (CIO) and Board Director. The Company will form a five-member Board and add to its current advisory team in the coming weeks. A new holding company name and ticker symbol change will be initiated to reflect the company’s new focus.
Wais Asefi, the Company’s Board Chairman, states, “We believe strong, experienced leadership is the reason why successful organizations thrive. I’m confident that Geoffrey and his seasoned team will successfully lead our holding company into the fast-growing cannabis Wellness Lifestyle market and drive company growth and shareholder value.”
“The Resonate team has worked together collectively for decades,” said Geoffrey Selzer. “After a combined decade of focusing on the cannabis industry, the Resonate team has a unified and clear vision of cannabis as a wellness catalyst and how to build value-added brands and educate consumers. Our goal is to provide the finest products available in the industry and to grow through strategic vertical integration which assures quality, supports financial performance and expands our brand portfolio. We are very excited to execute on our vision and are delighted to have the support of and opportunity to work with the extraordinary Textmunication team.”
Textmunication Holdings, Inc. New Leadership Changes
Geoffrey Selzer – Chief Executive Officer and Board Director
Geoff has built his career through over two decades of hands-on corporate finance, management, creative and production experience. Former roles include CEO of Emergent Game Technologies, a video game software company, and the Creative Head of Disney Interactive’s edutainment studio. Geoff is the founder of Resonate Blends and has a passion for building organizations and delivering results.
Pam Kerwin – Chief Operating Officer
Pam has extensive senior management experience with both start-up and Fortune 500 companies. She has successfully managed companies, media projects and application development in a variety of industries. As the Vice President and General Manager of Pixar Animation Studios, Pam played a critical role in the company's successful IPO and transition from a tech company to a blockbuster studio.
Henry Steingieser – Head of Creative Design and Branding
Henry has worked in the advertising, hospitality and entertainment industries as a Creative Director and Designer. He has worked with agencies such as William Morris Endeavor, Saatchi & Saatchi and Deutsch, and was co-owner and creative director at digital design firm Backward Heroes where they garnered FWA, Webby, Marcom and DMAC honors and awards for work with clients such as Capitol Records and New Line Cinema.
Skyler Quisenberry – Director of Product
Skyler has dedicated his adult life to the pursuit and dissemination of knowledge. Educated as an international economist at UCLA, he worked for three years in Japan at Hitachi Ltd.’s Nuclear Department. Since his time in Japan, Skyler has spent years researching the deeper layers of the Cannabis species and has been driven by a desire to understand the role of the dozens of variable molecules that produce the Entourage Effect.
Sian Seligman – Head of Marketing
Sian has served as the Senior Executive in charge of marketing, promotions and strategy for several brands and industries. She has consulted to many Fortune 500 companies and clients, including Burger King, Nestle, Audi, Toyota, Coca-Cola, Ashton Kutcher, 50 Cent, Russell Simmons. Wired Magazine has hailed her work as “Brand Integration to Die For.”
About Textmunication Holdings, Inc. (TXHD)
Based in Silicon Valley, Textmunication Holdings Inc. is now a cannabis holding company centered on a vertically integrated and valued-added Wellness and Lifestyle brand. The holding company’s growth strategy, supported by its new management team, is developing and acquiring the highest quality products, cultivation, technology, retail and supply chain resources to optimize financial performance and assure the highest standard of quality control. The Resonate team will soon announce its luxury cannabis-based Wellness and Lifestyle family of products that offers consistent quality and unique formulations that support the Company’s commitment to clarify the user experience.
For more information: www.resonateblends.com
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.