Grom Social Enterprises, Inc. Announces Directorate Changes
June 05, 2018 at 06:00 pm IST
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On June 1, 2018, Grom Social Enterprises, Inc. appointed Robert Stevens as a director of the Company. Mr. Stevens is deemed an "independent," non-employee director as defined by NASDAQ Rule 5605(a). Mr. Stevens was appointed to the Nominating and Governance Committee, Audit Committee and Compensation Committee of the Board of Directors. Mr. Stevens was appointed lead independent director of the Board of Directors, chair of the Audit Committee and "audit committee financial expert" as defined in Item 407(d) (5)(ii) of Regulation S-K. Mr. Stevens, age 52 founded Somerset Capital Ltd. in 2001, where he serves as president and managing director. Mr. Stevens also serves as a court appointed receiver. Prior to founding Somerset Capital Ltd, Mr. Stevens was Managing Director of Technology Partners, a private equity and M&A firm from 2010 to 2013. On June 1, 2018, the Company, appointed Norman Rosenthal as a director of the Company. Mr. Rosenthal is deemed an "independent," non-employee director as defined by NASDAQ Rule 5605(a)(2). There are no family relationships between Mr. Rosenthal and any of other officers and directors. Mr. Rosenthal was appointed to the Nominating and Governance Committee, Audit Committee and Compensation Committee of the Board of Directors. Mr. Rosenthal was appointed chair of the Nominating and Governance Committee.
Grom Social Enterprises, Inc. is a media, technology, and entertainment company. The Company focuses on delivering content to children under the age of 13 years in a safe, secure platform that can be monitored by parents or guardians. The Company conducts its business through subsidiaries, including Grom Social, Inc. (GSOC), TD Holdings Limited (TDH), Grom Educational Services, Inc. (GEDU), Grom Nutritional Services, Inc. (GNUT) and Curiosity Ink Media, LLC (CIM). GSOC operates its social media network designed for children under the age of 13 years. TDH operates through two subsidiaries: Top Draw Animation Hong Kong Limited and Top Draw Animation, Inc., which are engaged in the production of animated films and television series. GEDU operates its Web filtering services provided to schools and government agencies. CIM is a kids and family original content and media company that focuses on building and managing entertainment brands and franchises.
GROM SOCIAL ENTERPRISES, INC. 
