FiscalNote Announces Leadership Succession Plan to Drive Next Phase of Growth
12 Novembre 2024 - 10:00PM
Business Wire
Tim Hwang to Transition to Executive
Chairman and Josh Resnik, Current President & COO, to Become
Chief Executive Officer Effective January 1, 2025
FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading
AI-driven enterprise SaaS technology provider of policy and global
intelligence, today announced a leadership succession whereby Tim
Hwang, the company’s current Chairman, Chief Executive Officer, and
Co-founder, will transition to Executive Chairman after nearly 12
years as Chief Executive Officer. The Board of Directors has
appointed Hwang as Executive Chairman and appointed Josh Resnik,
the company’s current President and Chief Operating Officer, as
Chief Executive Officer, each effective January 1, 2025.
Hwang will continue his commitment to the company’s vision and
success in his new role as Executive Chairman, where he will focus
on strategic initiatives and the continuity of FiscalNote’s mission
as it enters its next phase of growth. As President and Chief
Operating Officer, Resnik has been instrumental in advancing
FiscalNote’s product strategy and operational effectiveness, and he
brings years of proven experience and results to his new role as
CEO; he will retain his position as President of the Company as
well.
"After almost 12 years at the helm of operating FiscalNote every
day and after deep considerable thought, I’ve decided to pass the
baton and transition to the role of Executive Chair, allowing me to
step into a new chapter — returning to my founder roots with
renewed passion and focus as we continue to scale FiscalNote to
even greater heights. Reflecting on the journey over the past
decade, I am filled with pride for all that our team has
accomplished and the incredible community we’ve built. I am equally
energized by the opportunities ahead and incredibly optimistic
about FiscalNote’s future. I am confident that Josh’s years of
leadership position him to execute as CEO on FiscalNote’s mission —
to help our customers navigate a constantly changing political,
regulatory and economic environment — and our strategy to drive
greater value for shareholders and customers over the long term,"
said Hwang. “As co-founder, I am incredibly proud of what
FiscalNote has accomplished and excited to bring my passion,
energy, and motivation to the role of Executive Chairman, working
closely with senior leadership on company culture, nurturing new
innovative products, accelerating our generative AI growth, working
on strategy, and advocating for FiscalNote externally.”
"I want to thank the Board for their confidence in my leadership
and Tim for his support,” said Resnik. "I look forward to
partnering with the Board, Tim as Executive Chairman, our
management team, and all of our Global Team colleagues to build on
everything we have accomplished. By placing relentless focus on our
product roadmap, continuing to drive efficiencies, and further
simplifying the business, we will deliver greater value for our
customers and shareholders as we drive the next phase of growth for
the Company."
Since co-founding FiscalNote in 2013, Hwang has transformed
FiscalNote from a Silicon Valley startup into a leading AI SaaS
company with products that provide critical intelligence and
information for thousands of customers around the world. Hwang
steered FiscalNote through its founding, launched dozens of
products at the intersection of legal tech and AI, and listed the
company on the New York Stock Exchange – making him one of the
youngest Asian American CEOs/Co-founders on the Exchange. Under
Hwang’s leadership, FiscalNote has grown to serve more than 4,000
customers worldwide, powered by its talented employees operating
globally.
Michael Callahan, FiscalNote’s lead independent Board director,
said, "On behalf of the Board, I want to thank Tim for his
visionary leadership since FiscalNote’s founding in 2013.
FiscalNote would not be the market leading AI-driven provider of
policy and global intelligence without the vision, dedication and
leadership of its co-founders. Tim’s transition to Executive
Chairman allows us to continue benefiting from his insight and
strategic guidance as we enter this exciting next chapter.”
Callahan also noted, "Josh deeply understands FiscalNote and has
been instrumental in tackling our most important priorities,
including maturing our product operating model and driving
sustainable growth. We know we will be in good hands as Josh steps
into the role of CEO."
About FiscalNote
FiscalNote (NYSE: NOTE) is a leader in policy and global
intelligence. By uniquely combining data, technology, and insights,
FiscalNote empowers customers to manage political and business
risk. Since 2013, FiscalNote has pioneered technology that delivers
critical insights and the tools to turn them into action. Home to
CQ, Dragonfly, Oxford Analytica, VoterVoice, and many other
industry-leading brands, FiscalNote serves thousands of customers
worldwide with global offices in North America, Europe, Asia, and
Australia. To learn more about FiscalNote and its family of brands,
visit FiscalNote.com and follow @FiscalNote.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112425708/en/
Media Nicholas Graham FiscalNote press@fiscalnote.com
Investor Relations Bob Burrows FiscalNote
IR@fiscalnote.com
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