Brief: RumbleOn Board Forms Committee To Identify CEO Candidates

RideNow

15/06/2023 22:36

June 15 (Reuters) - RumbleOn Inc  RMBL.O :
    * RUMBLEON INC - BOARD OF DIRECTORS HAS FORMED AN EXECUTIVE
TRANSITION COMMITTEE TO IDENTIFY INTERIM AND PERMANENT CEO
CANDIDATES
    * RUMBLEON INC - ON JUNE 11, MARSHALL CHESROWN, CEO PROVIDED
NOTICE OF HIS RESIGNATION AS CEO OF CO, WHICH IS EFFECTIVE ON
JUNE 15
    * RUMBLEON INC - CHESROWN WILL CONTINUE TO SERVE AS A MEMBER
OF
COMPANY'S BOARD OF DIRECTORS
    * RUMBLEON INC - BEFORE MARSHALL CHESROWN DEPARTURE, CO WAS
ADVISED OF CERTAIN ALLEGATIONS SURROUNDING CHESROWN'S USE OF
COMPANY RESOURCES
    * RUMBLEON - INDEPENDENT DIRECTORS TAKE ALL THE ALLEGATIONS
SERIOUSLY, HAVE HIRED INDEPENDENT COUNSEL TO ASSIST IN THE
INVESTIGATION, WHICH IS ONGOING
    * RUMBLEON INC - COMPANY HAS MADE NO DETERMINATION REGARDING
THE
ALLEGATIONS

Further company coverage:  RMBL.O 

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