CreditRiskMonitor Announces Election of Two New Board Members

VALLEY COTTAGE, NY / ACCESSWIRE / July 14, 2023 / CreditRiskMonitor® (OTCQX:CRMZ) conducted its Annual Shareholder Meeting on July 12, 2023 and Dr. Brigitte Muehlmann and Mrs. Lisa Reisman were elected as new members of its Board of Directors, effective immediately. Dr. Muehlmann and Mrs. Reisman replace former Directors, Messrs. Andrew Melnick and Richard Lippe, who chose not to stand for re-election.

Mike Flum, CEO & President, said, "We would like to thank Andrew and Richard for their outstanding service to CreditRiskMonitor and its shareholders during their time as Directors. Andrew has served as a Director since March 2005 and we sincerely appreciate his dedication over the past eighteen years. Richard became a Director in May 2020 and was instrumental in providing insight and advice as we navigated the COVID-19 pandemic. We wish them well in all future endeavors and they remain as friends and advisors to the Company.

We are extremely pleased to welcome Lisa and Brigitte as our newly elected Directors. Their domain experience and wealth of knowledge are great additions to our Board and we are excited to collaborate with them as we enter our 25th year of operations in 2024."

Background of Arriving CreditRiskMonitor® Board Members

Dr. Brigitte Muehlmann has been a director since July 2023. She is currently a Professor at Babson College and an Adjunct Professor at Texas A&M University School of Law. She serves as a Director of Babson Global, Inc., and the USA Branch of the International Fiscal Association. Entrepreneurial leaders are a perennial focus for Dr. Muehlmann and she aims to contribute to sustainable business success. Her research is centered on design and opportunities for both human and technological innovation in accounting and taxation. She teaches MBA courses in financial and sustainability reporting and analysis as well as operating and expanding businesses in global markets. Brigitte developed expertise in serving international businesses at Ernst & Young in Vienna and on the entrepreneurial services team in Boston, as a member of the global tax team at PwC in Boston, and at Kearney in New York before turning to a full-time career in academia. Dr. Muehlmann is a dual Austrian-American citizen holding a Ph.D. and an MSBA degree from the Vienna University of Economics and Business (WU) in Austria, an MST degree from Bentley University, and a CPA license.