Business

Veritone Appoints Richard H. Taketa to Board of Directors (MESA)

Veritone announced the appointment of Richard H. (Rick) Taketa, 47, to its Board of Directors. Mr. Taketa was selected based on his extensive experience in financing, developing and managing high growth, technology-enabled companies. He replaces Nate Checketts, CEO of Rhone Apparel, who is transitioning to an advisory board role.

“Rick has a proven track record of leading and scaling mid-sized and large organizations,” said Chairman and CEO of Veritone Chad Steelberg. “His diverse areas of experience, including operations, finance, law, innovation, mergers and acquisitions, public policy, and operating in regulated markets such as insurance and healthcare, give him a unique perspective that will be very valuable to the Board. Rick led York Risk Services to be one of the leading providers of tech-enabled, integrated insurance services, growing the company to over $750 million in revenue and approximately 5,500 employees. In addition, he is an attorney and has regulatory and public policy experience that will be key to Veritone as we work to expand our business in Government markets.”

“With my personal passion for emerging technologies such as artificial intelligence, as well as for product innovation, strategic customer relationships, and market positioning, I am excited to join Veritone as it scales its business,” said Taketa. “I look forward to using my experience to help the Company drive growth and build shareholder value.”

Steelberg added, “We would like to thank Nate Checketts for his service and many contributions to the Veritone Board – he has been a key contributor to our Company since its founding in 2014, helping to guide us through our startup phase, our IPO and our first two years as a public company. Nate has led Rhone to be a fast-growing leader in the premium men’s activewear market, and this transition will give him more time to focus on continuing to build that business. We wish Nate and his family all the best in the future.”