The latest announcement is out from The Arena Group (AREN).
Sara Silverstein has been appointed as the new CEO of The Arena Group Holdings, Inc, with a wealth of experience from her time at Business Insider and Bloomberg Media, and an academic background in mathematics and business. Effective April 19, 2024, she brings her expertise to the role alongside an executive employment agreement that offers a $400,000 base salary with potential bonuses and standard company benefits. Her tenure is supported by terms that include post-employment restrictive covenants. This leadership change coincides with Cavitt Randall’s resignation as CEO and the completion of the Company’s engagement with FTI for turnaround plans.
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