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CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors, Appointment of Certain Officers, Compensatory Arrangements of Certain Officers
Director Appointment
Effective May 19, 2023, our Board of Directors, approved the appointment of Jeffrey M. Canouse as Chief Executive Officer and Director.
Biography of Jeffrey M. Canouse
Mr. Jeffrey M. Canouse, age 48, combines over twenty-three years of experience in financial senior management following a thirteen-year career as an Investment Banker. Previously, Mr. Canouse has been involved in various companies in the investment industry holding positions including Vice President, Senior Vice President and Managing Director at J. P. Carey Inc., J.P. Carey Securities Inc. and JPC Capital (the “Carey Company’s”), a boutique investment banking firm that assisted in arranging over $2 billion in financing. During his time with the Carey Company’s Mr. Canouse was personally responsible for sourcing new corporate clients, presenting to institutional investors, structuring terms, and working with counsel for timely closings. From July 11, 2011, through the present day, Mr. Canouse has acted as Managing Member of Anvil Financial Management, LLC where he has offered his expertise to companies in need of restructuring, financing, debt settlement and compliance assistance. Mr. Canouse has also acted as Chief Executive Officer of multiple publicly traded companies in the restaurant, lending/FinTech and beverage industries.
Director Resignations
Effective May 19, 2023, following the appointment of Jeffrey M. Canouse, Robert A. Rositano, Jr. resigned as an officer and director of the Friendable Inc. (the “Company”). Mr. Rositano’s resignation was not due to any disagreements with us, our management, or our operations. Mr. Rositano has also entered into a consulting agreement with the Company for a period of 5 months to assist new management.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Friendable, Inc. | |||
Date: June 8, 2023 | By: /s/ Jeffrey M. Canouse. | ||
Jeffrey M. Canouse | |||
CEO |