Director resigns citing disagreement with workforce reduction; new interim president and chairman appointed

Arena Group Holdings, Inc.

Ross Levinsohn resigned from Board on Jan 19, 2024, citing disagreement with workforce reduction plan; Company disputes his comments.
Jason Frankl appointed interim President effective Jan 23; also serves as Chief Business Transformation Officer via FTI Consulting.
Cavitt Randall appointed Chairman of the Board effective Jan 23.
Board committees reconstituted: Audit (Lee chair), Compensation (Allred chair), Nominating (Zola chair), Special Transaction (Petzel chair).

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed (interim)

Jason Frankl

interim President

AREN · Arena Group Holdings, Inc.

Effective: 2024-01-23
Filed: January 25, 2024, 6:59 PM ET

On January 23, 2024, the Board appointed Jason Frankl as interim President of the Company, effective immediately.

Departed

Ross Levinsohn

Director

AREN · Arena Group Holdings, Inc.

Effective: 2024-01-19
Filed: January 25, 2024, 6:59 PM ET

On January 19, 2024, The Arena Group Holdings, Inc. (the “Company”) received email correspondence from Ross Levinsohn tendering his resignation (the “Resignation Email”) as a member of the Board of Directors (the “Board”) of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Frankl was appointed as interim President at Arena Group Holdings, Inc..

Action: appointed
Role: interim President

Exact text from the filing

On January 23, 2024, the Board appointed Jason Frankl as interim President of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ross Levinsohn resigned as Director at Arena Group Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

On January 19, 2024, The Arena Group Holdings, Inc. (the “Company”) received email correspondence from Ross Levinsohn tendering his resignation (the “Resignation Email”) as a member of the Board of Directors (the “Board”) of the Company.

View on SEC.gov

Arena Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-003753

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