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Posted 11 September, 2023

FaZe Holdings Inc. appointed Christoph Pachler as new CEO

Nasdaq:FAZE appointed new Chief Executive Officer Christoph Pachler in a 8-K filed on 11 September, 2023.


  Concurrently, On September 9, 2023, the Board appointed Christoph Pachler, the current Chief Operating Officer and Chief Financial Officer of the Company, to the role of Interim Chief Executive Officer of the Company.  

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Overview of FaZe Holdings Inc.
Leisure/Arts/Hospitality • Recreational Services
FaZe Holdings, Inc. engages in the management of a lifestyle and media brand founded and rooted in gaming and youth culture. Its content development is fueled by social media influencers, creators, and businesses which are composed of content creators, Esports professionals and celebrity, athlete, and musician collaborators. The company was founded on May 30,2010 and is headquartered in Los Angeles, CA.
Market Cap
$14.2M
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FaZe Holdings Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.


(b) Termination of Chief Executive Officer


On September 9, 2023, the Board of Directors (the "Board") of FaZe Holdings Inc. (the "Company") took action to terminate Lee Trink from his position as Chief Executive Officer of the Company, effective immediately. In accordance with the Company's Corporate Governance Guidelines, as a result of this termination, Mr. Trink is required to submit his resignation as a member of the Board.


(c) Appointment of Interim Chief Executive Officer


Concurrently, On September 9, 2023, the Board appointed Christoph Pachler, the current Chief Operating Officer and Chief Financial Officer of the Company, to the role of Interim Chief Executive Officer of the Company. In addition to this new role, Mr. Pachler will retain his existing role as Chief Operating Officer and Chief Financial Officer of the Company. Biographical and other information about Mr. Pachler required by Item 5.02(c) of Form 8-K is included in the Company's proxy statement on Schedule 14A for its 2023 annual stockholders' meeting filed with the Securities and Exchange Commission on May 1, 2023.


The appointment of Mr. Pachler to the role of Interim Chief Executive Officer was not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between Mr. Pachler and any director or executive officer of the Company, and there are no transactions between Mr. Pachler and the Company that would be required to be reported under Item 404(a) of Regulation S-K. Any compensation arrangements, or material changes to existing arrangements, entered into with Mr. Pachler in connection with this appointment will be filed in an amendment to this Current Report on Form 8-K within four business days of any such arrangements being finalized.