GBT Technologies Inc. said. On Tuesday it plans to change the company’s name to Wertheim & Company as part of its transfer to a global commercial banking platform.
CEO Craig will be appointed CEO, bringing more than 30 years of experience in the field of investment banking services and capital experience, including a leading role in the 500 million dollar growth and technology fund in London.
The company also intends to appoint Harring Sando to the Board of Directors.
The history of the brand “Wertheim & Company” dates back to the original company, which was founded in 1927 by Maurice Vertham and Joseph Klingstein.
Marshak, who started his career in Wertheim & Company, recorded the brand for use in the brand rename.
“Through this transition, GBT seeks to take advantage of current shares, including its investments at VisionWave Holdings Inc. to expand its strategic investment capabilities,” said Michael Murray, temporary CEO.
Marsak said that the new platform will target opportunities through technology, financial services and emerging markets.
The veteran joined the financial markets, a strategic investor, saying that he saw “an opportunity to invest in personal capital on a platform that intends to follow global investment opportunities under the brand in Wertheim.”
GBT has warned that no guarantee will be completed by any of the described possible transactions unless final agreements are signed.