NetworkNewsBreaks – Near Intelligence Inc. (NASDAQ: NIR)

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NetworkNewsBreaks – Near Intelligence Inc. (NASDAQ: NIR) Announces Seasoned Industry Veterans as New Board Members

Near Intelligence (NASDAQ: NIR), a data intelligence platform that curates one of the world’s largest sources of intelligence on people and places, has appointed two new members to its board of directors. According to the announcement, Richard J. Salute, a former director of Capital Markets and SEC Practice at J.H. Cohn and CohnReznick LLP, and Sherman Edmiston III, a managing member of HI CapM Advisors Ltd., have joined Near Intelligence’s board of directors, effective Sept. 19, 2023; a CPA, Salute will also serve as chair of the board audit committee. With more than 39 years of audit, accounting and tax experience, Salute has provided accounting and complex audits for public and private companies throughout his career. He spent 29 years at Arthur Andersen, where he provided clients with strategic planning services as well as consulting on corporate finance, mergers and acquisitions, and process evaluation. Salute also serves on the board of directors and on the governance and compensation committees, and as chair of the audit committee and audit committee financial expert for Newtek One Inc. (NASDAQ: NEWT). With decades of experience providing financial and operational advisory services, Edmiston currently works as the managing member of HI CapM Advisors Ltd. as well as serving on the board of directors of ARKO Corp. (NASDAQ: ARKO), one of the largest operators of convenience stores and wholesalers of fuel in the United States. Mr. Edmiston is also serving on the board of directors at GTT Communications Inc., Energy Services Inc. and Real Alloy. He also served for several years as managing director of Zolfo Cooper LLC (now Alix Partners). “We’re thrilled to bring these talented and experienced leaders to Near’s board,” said Near CEO Anil Mathews in the press release. “Each provides a unique perspective with diverse backgrounds across technology, accounting and business strategy. Near welcomes their partnership and values their input to further our mission helping customers extract insights from data that help them make better decisions.”

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