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Posted 14 February, 2024

Arena Group Holdings, Inc. appointed Cavitt Randall as new CEO

NYSE:AREN appointed new Chief Executive Officer Cavitt Randall in a 8-K filed on 14 February, 2024.


  On February 9, 2024, the Board appointed Cavitt Randall as the Company's Chief Executive Officer, effective February 13, 2024.  

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Overview of Arena Group Holdings, Inc.
Media/Entertainment • Motion Picture/Sound Recording
The Arena Group Holdings, Inc. is a data-driven media company that focuses on building deep content verticals powered by a digital media platform (the Platform), empowering premium publishers who impact, inform, educate, and entertain. It focuses on leveraging the Platform and iconic brands in targeted verticals to maximize the audience, improve engagement, and optimize monetization of digital publishing assets for the benefit of its users, advertiser clients, and its owned and operated properties as well as properties the firm runs on behalf of its independent publisher partners. The company operates the media businesses for Sports Illustrated, TheStreet, Inc., and College Spun Media Incorporated. It also powers independent publisher partners, including Biography, History, and FanNation. The company was founded by James C. Heckman Jr. on October 1, 1990 and is headquartered in New York, NY.
Market Cap
$42.0M
View Company Details
Arena Group Holdings, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 9, 2024, the Board appointed Cavitt Randall as the Company's Chief Executive Officer, effective February 13, 2024. Mr. Randall was previously appointed as Chairman of the Board on January 23, 2024. In connection with this appointment as Chief Executive Officer, Mr. Randall has agreed to an annual salary of $1.00.


Mr. Randall, 46, has served as the Chief Executive Officer of MBX Clearing LLC, an investment firm registered broker-dealer that self-clears at Option Clearing Corporation (OCC) since August 2022. Prior to joining MBX Clearing LLC, from August 2018 to August 2022, Mr. Randall was the Chief Operating Officer of SI Capital LLC prior to it changing its name to MBX Group LLC. Prior to SI Capital LLC, from June 2000 to August 2018, Mr. Randall held various executive roles at GE Capital including roles as the Senior Vice President. Mr. Randall has over twenty years' experience in equity, options and debt trading and holds Series 24 (General Securities Principal), Series 57 (Securities Trader) and FINRA SIE licenses. Mr. Randall holds a Bachelor of Arts in Finance from Michigan State University.


There are no arrangements or understandings between Mr. Randall and any other persons pursuant to which he was selected as an officer of the Company, there are no family relationships among any of the Company's directors or executive officers and Mr. Randall and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.