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Atlanta Braves Holdings Inc Class A (BATRA) has shared an update.
Gregory B. Maffei will step down from his roles as President, CEO, Chairman of the Board, and director of the Company, effective August 31, 2024, due to a Change in Control triggered by the Malone Voting Agreement, which is considered a “Good Reason” for his departure under his Executive Employment Agreement. Additionally, the Company is transitioning essential services from Liberty Media to in-house management, leading to the resignation of all current officers, including Brian J. Wendling and Renee L. Wilm, by the same date. Further details on the new appointees will be disclosed in an upcoming report.
See more insights into BATRA stock on TipRanks’ Stock Analysis page.