FRNT Announces David Washburn Transition to Vice Chairman

Rhea-AI Summary

FRNT Financial (OTCQB: FRFLF) announced that Dave Washburn transitioned from President to a non-executive Vice Chairman role, effective December 31, 2025. He will continue to support the company and provide strategic guidance to the executive team and board.

Management says Washburn's new focus will be on monetizing merchant banking mandates while the executive team executes corporate strategy for the next growth phase, preserving leadership continuity during the change.

Positive

• Role change effective December 31, 2025
• Continued leadership support from Washburn as Vice Chairman
• Focus on monetizing merchant banking mandates

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - January 2, 2026) - FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) (FSE: XZ3) (the "Company" or "FRNT"), a digital asset investment bank servicing institutions, announces that Dave Washburn has assumed a new role within the Corporation as non-executive Vice Chairman of the Corporation, effective December 31, 2025. Mr. Washburn previously served as President of the Corporation and will continue to support the Corporation in his new capacity, providing strategic insight and guidance to the executive team and the board of directors.

"Dave has played an instrumental role in helping build FRNT into the business it is today," said Stéphane Ouellette, Chief Executive Officer of FRNT, "His transition into the Vice Chairman role allows him to focus on monetizing merchant banking mandates while our executive team executes corporate strategy for the next phase of growth. We look forward to his continued leadership and insight."

About FRNT
FRNT is a digital asset investment bank offering capital markets and advisory services to institutional investors participating in or entering the space. The Company aims to bridge the worlds of traditional and web-based finances with a technology forward and compliant operation. Business lines include deliverable trading services, structured derivative products, merchant banking, advisory, consulting, lending origination and principal investments. Headquartered in Toronto, FRNT was co-founded in 2018 by CEO Stéphane Ouellette.

FRNT Financial Inc.
Chief Executive Officer
Stéphane Ouellette
investors@frnt.io
833 222-3768
https://frnt.io

Neither the TSXV nor its regulation services provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279398

FAQ

What change did FRNT (FRFLF) announce on January 2, 2026 regarding Dave Washburn?

FRNT announced Dave Washburn moved from President to non-executive Vice Chairman, effective December 31, 2025.

When did Dave Washburn's new Vice Chairman role at FRNT (FRFLF) become effective?

The transition became effective on December 31, 2025.

What will Dave Washburn focus on in his Vice Chairman role at FRNT (FRFLF)?

He will focus on monetizing merchant banking mandates and provide strategic guidance to management and the board.

Will Dave Washburn continue to support FRNT's executive team after January 2026?

Yes. He will continue to support the executive team and board in a non-executive capacity.

Does the FRNT (FRFLF) announcement indicate a new CEO or replacement for President?

The announcement does not name a new CEO or a successor to the President role.

How might Washburn's transition affect FRNT's strategy in 2026?

Management said Washburn will focus on monetizing merchant banking mandates while the executive team executes the company's next phase of growth.