Monster pares CEO roles down to one.
Rob Monster has resigned as CEO of DigitalTown, a company that provides community building platforms. The company owns a large portfolio of domain names, including 11,000 .city domain names.
Monster told Domain name Wire that the move has been planned for a while. In an email, he said that new CEO George Nagy, who was the COO, “brings significant experience with running and selling public companies and with working with institutional investors, both which will be highly relevant for the next phase.”
He was CEO of both DigitalTown and domain name company Epik. He will now have more time to focus on Epik and other endeavors.
As a general statement, my competency leans more toward vision, strategy and corporate development. Over the last 2.5 years, we completed 7 acquisitions with which we assembled the technology and team that has allowed us to start rollout of DigitalTown around the world as well as secure deals with both private developers and government clients.
Blockchain, Crypto and Decentralized Apps are a logical response to the pattern of winner-take-all and the policies that allow it. Timing-wise, I believe the world is on the cusp of a major catalyzing event that will make DigitalTown a lot more relevant. The economic situations that are unfolding in Puerto Rico, Turkey, Venezuela and Argentina are not isolated events.
Looking ahead, I continue to be a significant DigitalTown shareholder with 18 million shares and to be an informal advisor. I have high hopes for George and the team we built. Epik continues to manage DigitalTown’s domain portfolio and will help accelerate progress on selling domains into the hands of end-users, an area that was lower priority while I was running both companies.
On the personal side, after 3 years of working 100 hour weeks while running 2 companies, I am looking forward to devoting more time to equipping Epik for the next phase. I also plan to devote more time to Christian ministry and philanthropy. My family doubts that I will slow down. Regardless I am taking a measured and Spirit-led approach to what comes next.