FaZe Clan CEO to Leave the Company

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FaZe Clan11.PNG
FaZe Clan CEO to Leave the Company

Business Hires

11 September 2023 13:27

Faze Clan is going through another rough patch and things are not looking good for the company as a whole. The troubles began earlier this year when the company laid off some of its staff following a decline in FaZe stock prices.

And today FaZe Clan’s Board of Directors terminated the contract of CEO Lee Trink. As the company's stock price continues to decline, it faces the possibility of being delisted from the Nasdaq. Lee Trink has been working for FaZe Clan since 2016 and served as CEO for five years. Christoph Pachler will serve as interim CEO for the time being.

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FaZe Clan11.PNG
FaZe Clan CEO to Leave the Company

Business Hires

11 September 2023 13:27

Tags: FaZe Clan

Faze Clan is going through another rough patch and things are not looking good for the company as a whole. The troubles began earlier this year when the company laid off some of its staff following a decline in FaZe stock prices.

And today FaZe Clan’s Board of Directors terminated the contract of CEO Lee Trink. As the company's stock price continues to decline, it faces the possibility of being delisted from the Nasdaq. Lee Trink has been working for FaZe Clan since 2016 and served as CEO for five years. Christoph Pachler will serve as interim CEO for the time being.

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
News.Cision.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

View All
News Image
GameSquare is Out of FaZe Media

GameSquare Holdings, Inc. announced several business developments and plans to host its Q4 2024 earnings conference call on April...

Business

Apr 01, 2025

News Image
FaZe Clan Partners with G FUEL

FaZe Clan and G FUEL have unveiled a new multi-year, multi-million-dollar sponsorship and licensing agreement. This deal is...

Business

Sep 02, 2024

News Image
Faze Clan Partners with Rollbit

FaZe Clan, has announced an expansion of its sponsorship deal with Rollbit, a major player in online gaming and...

Business

Aug 30, 2024

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FaZe Clan Slammed for Trump Tweet After Assassination Attempt

North American esports organization FaZe Clan is criticized for a tweet following the assassination attempt on Donald Trump. Before...

Drama

Jul 15, 2024

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FaZe Banks Acquires 25.5% of FaZe Media

GameSquare has sold a 25.5% stake in FaZe Media for $9.5 million to an entity controlled by FaZe Media's CEO,...

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