Beachbody appoints Mark Goldston as Executive Chairman; CEO Daikeler forfeits 8M shares

Beachbody Company, Inc.

Mark Goldston appointed Executive Chairman effective June 15, 2023; replaces Carl Daikeler as Chairman; Daikeler remains CEO and director.
Goldston receives inducement option for 23.9M shares (7.96M time-vesting over 4 years; 15.9M performance-vesting based on share price targets of $1.00-$2.50).
CEO Carl Daikeler voluntarily forfeits 8M shares (3.2M Class A, 4.8M Class X) for no consideration to offset equity compensation for Goldston.
Goldston takes all compensation in options, aligning with shareholders; has turnaround expertise (former CEO of NetZero/United Online).

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mark Goldston

Executive Chairman

BODI · Beachbody Company, Inc.

Effective: 2023-06-15
Filed: June 15, 2023, 7:59 PM ET

Mr. Goldston was also appointed to serve as Executive Chairman of the Board.

Role change

Carl Daikeler

Chairman of the Board

BODI · Beachbody Company, Inc.

Effective: 2023-06-15
Successor: Mark Goldston
Filed: June 15, 2023, 7:59 PM ET

Mr. Goldston’s appointment as Executive Chairman replaces the service of Carl Daikeler, the Company’s co-founder and Chief Executive Officer, in his capacity as Chairman of the Board, and Mr. Daikeler will continue serving as the Company’s Chief Executive Officer and director.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Goldston was appointed as Executive Chairman at Beachbody Company, Inc..

Action: appointed
Role: Executive Chairman

Exact text from the filing

Mr. Goldston was also appointed to serve as Executive Chairman of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Carl Daikeler changed role as Chairman of the Board at Beachbody Company, Inc..

Action: replaced
Role: Chairman of the Board

Exact text from the filing

Mr. Goldston’s appointment as Executive Chairman replaces the service of Carl Daikeler, the Company’s co-founder and Chief Executive Officer, in his capacity as Chairman of the Board, and Mr. Daikeler will continue serving as the Company’s Chief Executive Officer and director.

View on SEC.gov

Beachbody Company, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-168022

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.