New GlobalMeet Chief Executive Officer Appointed by Pivotal Group

Company Overview - GlobalMeet is a leading provider of virtual event technology, utilized by 5 out of 10 of the largest U.S. banks, all Big Four consulting firms, and 50% of Fortune 500 pharmaceutical and biotech companies [1][5] - The platform supports live and fully interactive events for audiences exceeding 100,000 participants [1] Leadership Appointment - Kim Niederman has been appointed as CEO of GlobalMeet, bringing extensive experience from previous leadership roles at companies such as 8x8, FreeWave Technologies, Anagran, and LongBoard [2] - Niederman is recognized for his ability to accelerate growth and refine product strategies, having scaled five companies to a market capitalization of over $1 billion [2] Strategic Vision - Niederman expressed enthusiasm for GlobalMeet's loyal customer base and aims to enhance its offerings through innovative applications of AI and emerging technologies [4] - The company is focused on expanding its market opportunities and customer base while maintaining a commitment to delivering exceptional products [4][3] Investment and Growth Potential - Pivotal Group, GlobalMeet's private equity sponsor, emphasizes its dedication to finding qualified leaders to support the company's growth trajectory [3] - The firm seeks to invest in companies with strong market positions and significant growth potential, positioning GlobalMeet as a leader in the virtual event technology space [3][6]