Turtle Beach Corporation Appoints Libby Bush to Board of Directors
25 Luglio 2024 - 2:30PM
Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset
and accessories brand, today announced the appointment of Libby
Bush, Global Head of Media & Entertainment Partnerships at
leading entertainment and sports agency, Creative Artists Agency
(CAA), to its board of directors (the “Board”) as an independent
director, effective immediately. Following her election to the
Board, Ms. Bush has been added as a member of its Compensation
Committee. With Ms. Bush’s appointment, the Board now includes a
total of nine directors. In addition, William Wyatt, who has served
as an independent board member since 2023, has been named Chair of
the Compensation Committee.
“We are delighted to welcome Libby to the
Board,” said Terry Jimenez, Chairman of the Board, Turtle Beach
Corporation. “Her extensive leadership experience in media and
entertainment and building leading consumer brands will greatly
benefit Turtle Beach and its shareholders as we continue to expand
our business. Libby will further strengthen an incredibly committed
Board and we look forward to benefitting from her
contributions.”
“Libby’s perspective and deep understanding of
large and successful brands will undoubtedly benefit the Board and
the Company,” added Julia Sze, Chair of the Nominating and
Governance Committee. “Additionally, her appointment to the
Compensation Committee along with the appointment of Will to Chair
of the Compensation Committee underscores our continued dedication
to creating compensation programs that align with and drive value
for all shareholders.”
Ms. Bush is a seasoned media and entertainment
executive with over two decades of experience in marketing and
strategic growth initiatives in both funding and distribution
aspects. As Global Head of Media & Entertainment Partnerships
at CAA, Ms. Bush oversees the department’s 25 colleagues and serves
as a trusted advisor, strategist, and dealmaker for high-profile
talent clients, in addition to major media companies such as
Netflix, Apple TV+, HBO, and Paramount+. Prior, she founded and led
Tandem Entertainment, a boutique agency later acquired by CAA in
2020. Earlier in her career, she honed her skills in marketing and
brand partnerships in notable positions with the NBA, the WNBA’s
Los Angeles Sparks, and the Walt Disney Company, working at both
ABC and Marvel. Ms. Bush received a B.A. in rhetoric and
communication studies from the University of Richmond.
About Turtle Beach Corporation
Turtle Beach Corporation (the “Company”)
(www.turtlebeachcorp.com) is one of the world’s leading gaming
accessory providers. The Company’s namesake Turtle Beach brand
(www.turtlebeach.com) is known for designing best-selling gaming
headsets, top-rated game controllers, award-winning PC gaming
peripherals, and groundbreaking gaming simulation accessories.
Innovation, first-to-market features, a broad range of products for
all types of gamers, and top-rated customer support have made
Turtle Beach a fan-favorite brand and the market leader in console
gaming audio for over a decade. Turtle Beach Corporation acquired
Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s
shares are traded on the Nasdaq Exchange under the symbol:
HEAR.
Cautionary Note on Forward-Looking
StatementsThis press release includes forward-looking
information and statements within the meaning of the federal
securities laws. Except for historical information contained in
this release, statements in this release may constitute
forward-looking statements regarding assumptions, projections,
expectations, targets, intentions, or beliefs about future events.
Statements containing the words “may”, “could”, “would”, “should”,
“believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”,
“goal”, “project”, “intend” and similar expressions, or the
negatives thereof, constitute forward-looking statements.
Forward-looking statements involve known and unknown risks and
uncertainties, which could cause actual results to differ
materially from those contained in any forward-looking statement.
Forward-looking statements are based on management’s current
beliefs and expectations, as well as assumptions made by, and
information currently available to, management.
While the Company believes that its expectations
are based upon reasonable assumptions, there can be no assurances
that its goals and strategy will be realized. Numerous factors,
including risks and uncertainties, may affect actual results and
may cause results to differ materially from those expressed in
forward-looking statements made by the Company or on its behalf.
Some of these factors include, but are not limited to, risks
related to logistic and supply chain challenges, the substantial
uncertainties inherent in the acceptance of existing and future
products, the difficulty of commercializing and protecting new
technology, the impact of competitive products and pricing, general
business and economic conditions, risks associated with the
expansion of our business including the integration of any
businesses we acquire and the integration of such businesses within
our internal control over financial reporting and operations, our
indebtedness, liquidity, and other factors discussed in our public
filings, including the risk factors included in the Company’s most
recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q,
and the Company’s other periodic reports filed with the Securities
and Exchange Commission. Except as required by applicable law,
including the securities laws of the United States and the rules
and regulations of the Securities and Exchange Commission, the
Company is under no obligation to publicly update or revise any
forward-looking statement after the date of this release whether as
a result of new information, future developments or otherwise.
CONTACTS
Investors:hear@icrinc.com(646)
277-1285
Public Relations &
Media:MacLean MarshallSr.
Director, Global CommunicationsTurtle Beach
Corporation(858)
914-5093maclean.marshall@turtlebeach.com
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