Esports Entertainment Group (GMBL) has released an update to notify the public and investors about its officers.
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Esports Entertainment Group, Inc. is undergoing a restructure, prompting the resignations of three top executives: the CFO, COO, and Chief People Officer, effective April 30, 2024. These departures are part of cost-cutting measures and are not due to any internal disputes. The COO will continue to serve on the Board of Directors, and the company will announce a new Principal Financial Officer in the future.
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For a comprehensive understanding of the announcement, you can read the full document here.