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RumbleON Board Revamp with New Member and Structural Changes

RumbleON Board Revamp with New Member and Structural Changes

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RumbleON (RMBL) has issued an update.

RumbleOn, Inc. has welcomed Michael Quartieri to its Board of Directors, following Melvin Flanigan’s departure earlier in April 2024. Quartieri, with his extensive background as a finance executive, notably at Dave & Buster’s Entertainment, is set to bring valuable insight to the board and the Audit Committee. His appointment comes during a strategic shift for the company, which includes the elimination of a classified board structure, aligning with Nevada law to streamline the process for director removal. Quartieri’s involvement aligns with RumbleOn’s director compensation program, and he has no prior familial or transactional ties with other board members.

Find detailed analytics on RMBL stock on TipRanks’ Stock Analysis page.

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