Alset AI Appoints Chief Executive Officer Adam Ingrao to Board of Directors
Alset AI Ventures (OTC:GPUSF), an artificial intelligence venture company, has appointed its CEO Adam Ingrao to the Board of Directors, effective July 21, 2025. Ingrao, who joined as CEO in November 2024, brings extensive leadership experience from global organizations including Reebok, Ralph Lauren, and the NFL.
Prior to joining Alset AI, Ingrao served as President and CEO of Microcel Corporation from 2020 to 2024, where he secured partnerships with Google, Anker, and Starlink, and led the company's successful strategic sale. He previously held executive positions at Dorel Industries, managing global strategies for brands like Cannondale and Schwinn. The appointment is pending TSX Venture Exchange approval.
Alset AI Ventures (OTC:GPUSF), una società di venture capital nel settore dell'intelligenza artificiale, ha nominato il suo CEO Adam Ingrao nel Consiglio di Amministrazione, con effetto dal 21 luglio 2025. Ingrao, che è entrato come CEO nel novembre 2024, porta con sé una vasta esperienza di leadership maturata in organizzazioni globali come Reebok, Ralph Lauren e NFL.
Prima di unirsi ad Alset AI, Ingrao è stato Presidente e CEO di Microcel Corporation dal 2020 al 2024, dove ha siglato partnership con Google, Anker e Starlink, guidando con successo la vendita strategica dell'azienda. In precedenza ha ricoperto ruoli dirigenziali in Dorel Industries, gestendo strategie globali per marchi come Cannondale e Schwinn. La nomina è soggetta all'approvazione della TSX Venture Exchange.
Alset AI Ventures (OTC:GPUSF), una empresa de capital de riesgo en inteligencia artificial, ha nombrado a su CEO Adam Ingrao en la Junta Directiva, con efecto a partir del 21 de julio de 2025. Ingrao, que se unió como CEO en noviembre de 2024, aporta una amplia experiencia en liderazgo de organizaciones globales como Reebok, Ralph Lauren y la NFL.
Antes de unirse a Alset AI, Ingrao fue Presidente y CEO de Microcel Corporation desde 2020 hasta 2024, donde aseguró asociaciones con Google, Anker y Starlink, y lideró la exitosa venta estratégica de la compañía. Anteriormente ocupó cargos ejecutivos en Dorel Industries, gestionando estrategias globales para marcas como Cannondale y Schwinn. El nombramiento está pendiente de la aprobación de la TSX Venture Exchange.
Alset AI Ventures (OTC:GPUSF)� 인공지� 벤처 기업으로, 2025� 7� 21일부� CEO 아담 잉그라오� 이사� 이사� 선임했습니다. 잉그라오� 2024� 11� CEO� 합류했으�, Reebok, Ralph Lauren, NFL � 글로벌 기업에서 풍부� 리더� 경험� 쌓았습니�.
Alset AI� 합류하기 �, 잉그라오� 2020년부� 2024년까지 Microcel Corporation� 사장 � CEO� 재직하며 Google, Anker, Starlink와� 파트너십� 성사시키� 회사� 성공적인 전략� 매각� 이끌었습니다. 이전에는 Dorel Industries에서 경영진으� Cannondale� Schwinn 같은 브랜드의 글로벌 전략� 관리했습니�. 이번 임명은 TSX 벤처 거래소의 승인� 기다리고 있습니다.
Alset AI Ventures (OTC:GPUSF), une société de capital-risque spécialisée dans l'intelligence artificielle, a nommé son PDG Adam Ingrao au conseil d'administration, avec effet au 21 juillet 2025. Ingrao, qui a rejoint en tant que PDG en novembre 2024, apporte une vaste expérience en leadership acquise au sein d'organisations mondiales telles que Reebok, Ralph Lauren et la NFL.
Avant de rejoindre Alset AI, Ingrao a été président et PDG de la Microcel Corporation de 2020 à 2024, où il a conclu des partenariats avec Google, Anker et Starlink, et dirigé la vente stratégique réussie de l'entreprise. Il a précédemment occupé des postes de direction chez Dorel Industries, gérant les stratégies mondiales pour des marques telles que Cannondale et Schwinn. La nomination est soumise à l'approbation de la TSX Venture Exchange.
Alset AI Ventures (OTC:GPUSF), ein Venture-Unternehmen im Bereich künstliche Intelligenz, hat seinen CEO Adam Ingrao mit Wirkung zum 21. Juli 2025 in den Vorstand berufen. Ingrao, der im November 2024 als CEO begann, bringt umfangreiche Führungserfahrung aus globalen Organisationen wie Reebok, Ralph Lauren und der NFL mit.
Vor seinem Eintritt bei Alset AI war Ingrao von 2020 bis 2024 Präsident und CEO der Microcel Corporation, wo er Partnerschaften mit Google, Anker und Starlink etablierte und den erfolgreichen strategischen Verkauf des Unternehmens leitete. Zuvor hatte er Führungspositionen bei Dorel Industries inne und verantwortete globale Strategien für Marken wie Cannondale und Schwinn. Die Ernennung steht unter dem Vorbehalt der Genehmigung durch die TSX Venture Exchange.
- CEO Adam Ingrao brings extensive leadership experience from major companies like Reebok, Ralph Lauren, and NFL
- Proven track record in securing partnerships with tech giants (Google, Anker, Starlink) at previous company
- Demonstrated success in strategic company sale as CEO of Microcel Corporation
- Appointment still subject to TSX Venture Exchange approval
- Relatively short tenure as CEO (since November 2024)
VANCOUVER, BC / / July 22, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions is pleased to announce that Adam Ingrao, Chief Executive Officer of the Company, has been appointed to its Board of Directors, effective July 21, 2025.
Mr. Ingrao joined Alset AI as Chief Executive Officer on November 18, 2024. He brings a wealth of leadership experience in scaling and transforming businesses across global markets, with a proven track record in value creation and commercial growth in both the public and private sectors. His career spans key leadership roles at globally recognized organizations, including Reebok, Ralph Lauren, the National Football League (NFL), and Dorel Industries.
Most recently, Mr. Ingrao served as President and Chief Executive Officer of Microcel Corporation ("Microcel"), a Canadian consumer technology distribution company acquired by Atar Capital. During his tenure from early 2020 to July 2024, he led the modernization of the business, secured commercial partnerships with Google, Anker, and Starlink, and oversaw a successful strategic sale of the company. Prior to Microcel, Mr. Ingrao held senior executive positions at Dorel Industries, including Global Senior Vice President of Sales and Strategy for the Dorel Sports division, where he spearheaded global omni-channel strategies for brands such as Cannondale, GT, and Schwinn.
Mr. Ingrao's appointment to the Company is subject to the approval of the TSX Venture Exchange.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high- potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward Looking Statements
This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to the Company's intentions to scale its AI infrastructure business. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risks and Uncertainties" in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at .
SOURCE: Alset AI Ventures Inc.
View the original on ACCESS Newswire