---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-049324"
form_type: "8-K"
ticker: "RDNW"
cik: "0001596961"
company_name: "RideNow Group, Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:12:37.147396+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RumbleOn CEO resigns amid investigation into use of company resources

## Summary
- CEO Marshall Chesrown resigned effective June 15, 2023; remains on the Board.
- Allegations of improper use of company resources prior to departure.
- Independent directors retained outside counsel to investigate; no conclusions yet.
- Board formed Executive Transition Committee to find interim and permanent CEO.
- No separation agreement or release with Chesrown as of filing date.

## SEC filing metadata
- accession: 0001213900-23-049324
- form_type: 8-K
- ticker: RDNW
- cik: 0001596961
- company_name: RideNow Group, Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596961/000121390023049324/0001213900-23-049324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596961/000121390023049324/ea180338-8k_rumbleon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-049324
- JSON: https://secwatch.observer/filing/0001213900-23-049324.json
- Plain text: https://secwatch.observer/filing/0001213900-23-049324.txt

## Key facts
- Executive change
  Marshall Chesrown resigned as Chief Executive Officer at RideNow Group, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On June 11, 2023, Marshall Chesrown, Chief Executive Officer (“CEO”) and a director of RumbleOn, Inc. (the “Company” or “RumbleOn”), provided the Board of Directors of the Company notice of his resignation as CEO of the Company, which is effective on June 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596961/000121390023049324/0001213900-23-049324-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.