Turtle Beach elects Terry Jimenez as non-executive chairman

In connection with Stark’s decision to step down as chairman, the board has elected to separate the roles of chairman of the board and CEO going forward and has unanimously elected Terry Jimenez as non-executive chairman of the board. Jimenez joined the board in October 2022 as an independent director nominated by one of the company’s largest shareholders and brings meaningful public company expertise and business and financial experience to the boardroom. Jimenez most recently served as CEO, president and board member at Tribune Publishing Company, a media company, and previously served as its CFO. In addition, both Stark and William Keitel, lead independent director, have informed the board that they will not stand for re-election at the company’s 2023 annual meeting, and Keitel will step down from his role as lead independent director, effective immediately, a role the board does not intend to fill in light of the appointment of a non-executive chairman. The board intends to appoint a shareholder representative in Keitel’s place, to be nominated for election at the 2023 annual meeting.