RumbleOn Announces Appointment Of Mark Tkach As Interim CEO; Steve Pully Named Chairman Of The Board And Resolution Of Proxy Contest
Portfolio Pulse from Benzinga Newsdesk
RumbleOn (NASDAQ:RMBL) has appointed Mark Tkach as Interim CEO and Steve Pully as Chairman of the Board, following the resignation of Marshall Chesrown. The company also reached an agreement with the Coulter-Tkach Group to resolve the ongoing proxy contest.

June 16, 2023 | 12:34 pm
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RumbleOn appoints Mark Tkach as Interim CEO and Steve Pully as Chairman, resolving the proxy contest with the Coulter-Tkach Group.
The appointment of Mark Tkach as Interim CEO and Steve Pully as Chairman brings stability to RumbleOn's leadership, which could positively impact the stock price in the short term. The resolution of the proxy contest with the Coulter-Tkach Group also removes uncertainty and potential conflicts, which is likely to be seen as a positive development by investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100