- Esports entertainment company Allied Esports Entertainment Inc AESE CEO Frank Ng resigned effective July 13. The company did not disclose any reasons for the exit.
- Former independent director, Libing (Claire) Wu will become the new CEO, President, and General Counsel immediately.
- Wu was the VP and General Counsel of Asia Pacific Capital, Inc and Senior Counsel at the New York law firm Davidoff Hutcher & Citron LLP before accepting the new role.
- The company recently completed selling the World Poker Tour to Element Partners, LLC.
- Price action: AESE shares traded lower by 0.90% at $2.21 in the premarket session on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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