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RumbleOn Announces Appointment of Interim CEO and Resolution of Proxy Contest

PUBLIC · RDNWJun 16, 2023

Company

RideNow Group, Inc.

ChandlerOtherManufacturingSoftwareMobileTransportationRetailAutomotiveLogistics

Description

RumbleOn, Inc. , the nation's first technology-based powersports platform, today announced that the Board of Directors has appointed Mark Tkach, the Co-Founder of the RideNow powersports group, acquired by RumbleOn in August of 2021, and a major shareholder, to serve as the Interim Chief Executive Officer of the Company, following the resignation of Marshall Chesrown from that role on June 15, 2023. During Mr

Quick answer

RumbleOn Announces Appointment of Interim CEO and Resolution of Proxy Contest (June 16, 2023). RideNow Group, Inc. is based in Chandler, Arizona, United States.

What did RideNow Group, Inc. announce on June 16, 2023?
RumbleOn, Inc. , the nation's first technology-based powersports platform, today announced that the Board of Directors has appointed Mark Tkach, the Co-Founder of the RideNow powersports group, acquired by RumbleOn in August of 2021, and a major shareholder, to serve as the Interim Chief Executive Officer of the Company, following the resignation of Marshall Chesrown from that role on June 15, 2023.
What does RideNow Group, Inc. do?
RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry.
Where is RideNow Group, Inc. based?
RideNow Group, Inc. is based in Chandler, Arizona, United States.
Which similar companies made leadership changes around the same time?
General Motors (GM) (July 21, 2023), Quantum Space (June 9, 2023), Livewire (June 5, 2023) and Stord (May 25, 2023) also announced leadership changes within 45 days of RideNow Group, Inc.

Source: Fundz verified event record.

Other recent leadership changes in Mobile and Transportation

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at RideNow Group, Inc., and when

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Company Information

Company

RideNow Group, Inc.

Location

901 W. WALNUT HILL LANE

Chandler, Arizona, United States

About

RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. Our Powersports group is the largest powersports retail group in the United States (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powersports franchises representing 50 different brands of products. Our Powersports group sells a wide selection of new and pre-owned products, including parts, apparel, accessories, finance & insurance products and services, and aftermarket products. We are the largest purchaser of pre-owned powersports vehicles in the United States and utilize RideNow's Cash Offer to acquire vehicles directly from consumers.

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RideNow Group, Inc. changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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