Brief: RumbleOn Board Approves Separation Of Chair And CEO Roles

RideNow

10/05/2023 10:14

May 10 (Reuters) - RumbleOn Inc  RMBL.O :
    * RUMBLEON BOARD ANNOUNCES SIGNIFICANT CORPORATE GOVERNANCE
ENHANCEMENTS
    * RUMBLEON INC: BOARD HAS APPROVED AN AMENDMENT TO ITS
BYLAWS TO
IMMEDIATELY SEPARATE ROLES OF BOARD CHAIR AND CEO
    * RUMBLEON INC: BOARD ELECTED INDEPENDENT DIRECTOR, KEVIN
WESTFALL, TO SERVE AS CHAIR OF BOARD, EFFECTIVE IMMEDIATELY
    * RUMBLEON INC: PRESIDENT, CHIEF OPERATING OFFICER AND
DIRECTOR,
PETER LEVY, HAS BEEN RELEASED FROM HIS EMPLOYMENT POSITION WITH
COMPANY WITHOUT CAUSE
    * RUMBLEON INC: HAS BEGUN A COMPREHENSIVE PROCESS TO
IDENTIFY A
SUCCESSOR FOR CHIEF OPERATING OFFICER ROLE
    * RUMBLEON INC: INDEPENDENT DIRECTORS ADAM ALEXANDER AND
MIKE
MARCHLIK HAVE INFORMED BOARD THAT THEY WILL NOT SEEK REELECTION
AT 2023 ANNUAL MEETING
    * RUMBLEON INC: BECCA POLAK HAS BEEN APPOINTED TO BOARD AS A
NEW
INDEPENDENT DIRECTOR
    * RUMBLEON INC: WILL BE INVITING STEVEN PULLY, FOUNDING
PARTNER OF
SPEYSIDE PARTNERS TO JOIN BOARD IMMEDIATELY
    * RUMBLEON INC: BOARD INTENDS TO NOMINATE BILL COULTER AND
MARK
TKACH FOR ELECTION TO BOARD

Source text for Eikon:  ID:nBw1cfCXNa 
Further company coverage:  RMBL.O 

 ((Reuters.Briefs@thomsonreuters.com;))