POWERHANDZ Inc. CEO Danyel Surrency Jones hands over to co-founder Darnell Jones as interim CEO

POWERHANDZ Inc. CEO Daniel Surrency Jones is leaving the brand, which under her leadership continues to experience spectacular growth on the earth of sports and fitness technology, and is handing over the responsibilities to its co-founder and former CEO, Darnell Jonesas interim CEO.

Danyel will remain chairman of the board and president of the Power To Give Foundation (501c3). The change entered into force on October 21, 2022.

As the one global Black women-owned sports training and fitness technology platform, Danyel’s influence on the nice idea of ​​two passionate inventors has grown into a worldwide force that has not only helped countless athletes stay in peak shape, but in addition empowered the fitness community with latest ways mainstream can stay lively and achieve their goals. Danyel’s distinctive leadership style during her time at POWERHANDZ has evolved in her relentless pursuit of demonstrating how a small business can impact the worldwide community through strategic partnerships and generational legacy.

“Every entrepreneur dreams of fixing the world – each of you inspired me and our team to do it. No matter the obstacles, we are going to proceed to fight for innovation because we all know our communities need us. “I’m impressed by what we’ve done and I’m very encouraged by the data that tells us we’ll continue to do this in the future,” he said. Daniel Surrency Jonesformer CEO of POWERHANDZ.

“I KNOW that my next journey will be based on the last two decades of my career, specifically the last 8 years of building POWERHANDZ without any plan. The success we have achieved would not have been possible without the dedication of so many people who believed in us and saw what we could achieve, despite our size. As an inventor, mother, wife and social activist – I now understand that our greatest struggles give birth to our greatest purpose. I know the brand will continue to thrive under Darnell’s leadership, and I am deeply rooted in gratitude for this journey and what is to come.”

2022 marked a milestone 12 months through which Danyel successfully led the brand through a multi-million dollar capital injection from Vanguard Holdings Group, a worldwide private investment trust operating across a broad spectrum of industries, including sports, wealth management and real estate. In addition to the capital injection, Vanguard conducted a non-public tender offer to purchase outstanding shares from minority shareholders of PHI, providing liquidity to long-time shareholders of POWERHANDZ and PHI. The Vanguard Holdings Group partners with a myriad of industries and has extensive capital resources to not only proceed to develop and grow the prevailing POWERHANDZ collection, but to truly advance progressive approaches to sports performance technology, fitness training and athlete wealth constructing.

With sales in over 87 countries, POWERHANDZ consistently expands its industry-leading training innovation to countless skilled and youth sports organizations, fitness disciplines and e-commerce giants like Amazon. Continuing with the worldwide theme, the brand was the fundamental partner of the 2022 World Boxing Council sixtieth Anniversary Convention in Acapulco, Mexico. Representing one other victory with a key sports partner featuring athletes like Andre Ward, Errol Spence, Ryan Garcia AND Gervonta Davis who’re a part of the POWERHANDZ community.

While Danyel was extremely successful, she also worked closely with co-founder Darnell Jones and exes CEO who will take over as interim CEO. As someone who brings extensive experience as an executive operator and who has been involved in over $100 million in industry exits within the sports and fitness technology industry; has the unique ability to not only proceed its strong vision and strategic roadmap, but in addition bring a wealth of data to the table to proceed to grow the brand in collaboration with key partners.

“Daniel’s legacy will probably be a guiding light and I’m happy with what she has completed as an executive on this industry. She was pulling down doors that others thought were permanently locked,” said Darnell Jones, transitional period CEO of POWERHANDZ.

“This brand is my journey. I was that kid who started on the court and dreamed of the NBA, but I knew it would take a lot of training to accelerate my performance. I am deeply motivated when I see people improve their performance, whether or not they do LaMelo ball, a kid playing soccer at the YMCA, or a mom getting back into shape after giving birth. I know our future includes analyzing more data to create better innovations that integrate with a new lifestyle focused on improving physical and mental health.”

While Darnell will oversee the each day rhythm of operations, the brand will conduct a nationwide seek for POWER’s next CEO and can seek someone who not only has business and sports acumen, but in addition shares the brand’s commitment to philanthropic causes. An announcement will probably be made after the ultimate selection in mid-2023.