Allied Esports names Yinghua Chen CEO; Lyle Berman shifts to VP M&A

Allied Gaming & Entertainment Inc.

Yinghua Chen appointed CEO effective Sept 6, 2022; she previously served as President, CIO, and Board Secretary.
Chen retains President role; annual salary set at $300,000.
Lyle Berman steps down as interim CEO, becomes VP, Mergers & Acquisition and remains Co-Chairman; salary $150,000.
Board engaged Benchmark Company as financial advisor for potential business combination transaction.
Company continues to explore strategic alternatives for its Esports business and evaluate acquisition targets.

item 5.02 item 9.01

Executive movements

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

Appointed

Yinghua Chen

Chief Executive Officer

AGAE · Allied Gaming & Entertainment Inc.

Effective: 2022-09-06
Filed: September 8, 2022, 7:59 PM ET

On September 6, 2022, the Board of Directors of Allied Esports Entertainment, Inc. (the “Company”) appointed Yinghua Chen as Chief Executive Officer.

Role change

Lyle Berman

Vice President, Mergers & Acquisition

AGAE · Allied Gaming & Entertainment Inc.

Effective: 2022-09-06
Successor: Yinghua Chen
Filed: September 8, 2022, 7:59 PM ET

Mr. Berman retains his position as Co-Chairman of the Board, and has been appointed as Vice President, Mergers & Acquisition, where he will be more focused on the Company’s acquisition activities.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Yinghua Chen was appointed as Chief Executive Officer at Allied Gaming & Entertainment Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On September 6, 2022, the Board of Directors of Allied Esports Entertainment, Inc. (the “Company”) appointed Yinghua Chen as Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lyle Berman was appointed as Vice President, Mergers & Acquisition at Allied Gaming & Entertainment Inc..

Action: appointed
Role: Vice President, Mergers & Acquisition

Exact text from the filing

Mr. Berman retains his position as Co-Chairman of the Board, and has been appointed as Vice President, Mergers & Acquisition, where he will be more focused on the Company’s acquisition activities.

View on SEC.gov

Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-054834

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