FansUnite Announces Corporate Update
Rhea-AI Summary
FansUnite Entertainment Inc. (OTC: FUNFF) has announced significant leadership changes with the immediate departures of CEO and director Scott Burton, along with COO Ian Winter. Graeme Moore, the company's current Chief Financial Officer, will maintain his CFO role while taking on the position of interim Chief Executive Officer.
Moore expressed gratitude for Burton and Winter's years of service and dedication, while stating his enthusiasm for driving FansUnite forward and exploring new opportunities for shareholders.
Positive
- CFO's dual role as interim CEO ensures immediate leadership continuity
Negative
- Sudden departure of both CEO and COO creates leadership uncertainty
- Loss of two key executives simultaneously may impact operational continuity
News Market Reaction 1 Alert
On the day this news was published, FUNFF declined 18.18%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2025) - FansUnite Entertainment Inc. (OTC: FUNFF) (FSE: 4UY) ("FansUnite" or the "Company") announces the departures of Scott Burton, Chief Executive Officer and director of the Company, and Ian Winter, Chief Operating Officer of the Company, effective immediately. The Company expresses its sincere appreciation for Mr. Burton and Mr. Winter's services to the Company and wishes them well in their future endeavours. As a result of Mr. Burton's departure, Graeme Moore will retain his role as Chief Financial Officer of the Company, and has been appointed as the interim Chief Executive Officer.
"I would like to thank Scott and Ian for their years of dedication and contributions to FansUnite. I am excited for the opportunity to drive FansUnite forward into the future, and explore future prospects for our shareholders," says Graeme Moore.
For further information, please contact:
FansUnite Entertainment Inc.
ir@fansunite.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243437