Brand Engagement Network Inc. Announces New Leadership
Brand Engagement Network Inc. (BNAI), a leader in AI-powered customer engagement, is excited to announce the appointment of Janine Grasso as the Interim Chief Executive Officer. This change is effective immediately, with Grasso stepping into the shoes of Paul Chang while he remains on the Board of Directors, contributing his strategic vision as the company moves forward.
Experience and Qualifications of Janine Grasso
Janine Grasso is no stranger to the tech landscape, bringing over 20 years of valuable experience in high-growth organizations. Before joining BEN, Grasso led the Global Partner Ecosystem at DocuSign until early 2025. She also has an impressive track record as the Vice President of Business Development at Verizon from 2019 to 2023, where she spearheaded a newly formed division focused on business development.
Prior Roles and Achievements
Her tenure at IBM spanned two decades, where she concluded her journey as the Vice President of Blockchain Ecosystem, driving the company's blockchain strategy. Grasso’s educational background includes a B.B.A. from the Pace University Lubin School of Business, enhancing her solid foundation in business and technology.
Strategic Focus on Growth and Innovation
With a strong expertise in business development, mergers and acquisitions, and operational performance, Grasso is poised to drive BEN's ambitious innovation agenda. Her appointment is a strategic move, allowing the company to harness her knowledge in scaling emerging technologies and fostering a culture of innovation.
Company's Commitment to AI Growth
“At BEN, we are building from a place of strength with top-notch talent and significant expertise in AI innovation,” Grasso stated. She expressed her enthusiasm for guiding the company’s future, particularly with the rollout of their Agentic AI platform, developed over the last few years, which aims to deliver greater value to customers and shareholders alike.
Insights from BEN Leadership
Walid Khiari, BEN's Chief Financial Officer and Chief Operating Officer, emphasized Grasso's strong leadership and her ability to lead innovative solutions during this pivotal moment for the organization. “Janine's proven capability to scale innovation makes her the ideal choice during this exciting time for BEN,” he remarked.
Financial Progress and Future Plans
In addition to the leadership transition, Brand Engagement Network has made notable financial progress by reducing total liabilities by $4.25 million in the recent quarter, reflecting its commitment to achieving operational discipline and long-term value creation.
Acquisition Plans
BEN is also advancing its pending acquisition of Cataneo, a significant milestone anticipated to bolster the company’s platform capabilities and global reach. The completion of this transaction is expected shortly, contingent upon standard regulatory approvals.
About Brand Engagement Network Inc.
Brand Engagement Network Inc. specializes in AI-driven customer engagement solutions, ensuring safe, intelligent, and scalable interfaces. Through its proprietary Engagement Language Model (ELM™) and unique architecture, the company provides highly personalized interactions using customer data in secure environments. With AI solutions spanning industries like life sciences, automotive, and retail, BEN stands at the forefront of technological advancement.
Media Contact
Amy Rouyer
P: 503-367-7596
E: amy@beninc.ai
Investor Relations Contact
Susan Xu
P: 778-323-0959
E: sxu@allianceadvisors.com
Frequently Asked Questions
1. Who is the new Interim CEO of Brand Engagement Network?
Janine Grasso has been appointed as the Interim CEO, bringing extensive experience in tech-driven sectors.
2. What is the background of Janine Grasso?
Grasso has over two decades of experience, previously holding significant roles at DocuSign and Verizon.
3. What is Brand Engagement Network's focus?
BEN focuses on AI-powered customer engagement solutions tailored for various industries.
4. How has BEN improved its financial position?
BEN has reduced its liabilities by $4.25 million, demonstrating strong operational discipline.
5. What acquisition is BEN pursuing?
BEN is pursuing the acquisition of Cataneo to enhance platform capabilities and global presence.
