tiprankstipranks
The Fly

RumbleON names Mark Tkach interim CEO, resolves outstanding proxy matters

RumbleON names Mark Tkach interim CEO, resolves outstanding proxy matters

RumbleON announced that the board 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 CEO of the company, following the resignation of Marshall Chesrown from that role on June 15. During Tkach’s interim service, the board’s Executive Transition Committee will continue its efforts to identify a permanent CEO. In addition, the company announced that it has reached an agreement in principle that will be memorialized in a definitive agreement with the Coulter-Tkach Group to resolve all outstanding proxy matters currently subject to contest at the Annual Meeting of Shareholders, scheduled for July 14.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on RMBL:

Questions or Comments about the article? Write to editor@tipranks.com