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Destiny Media (DSNY) CEO Fred Vandenberg exits; board chair Hoch Cho named interim CEO

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Destiny Media Technologies Inc. announced that longtime President and Chief Executive Officer Fred Vandenberg has stepped down from his executive roles, effective February 9, 2026, to pursue other interests. He will continue to serve on the Board of Directors and assist with the leadership transition.

The company has begun a formal search for a new Chief Executive Officer and has appointed Hyonmyong ("Hoch") Cho, the current Chairman of the Board, as interim CEO. Destiny Media provides Play MPE®, a cloud-based SaaS platform used for promotional music distribution to decision makers in radio, film, TV, and other media.

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Insights

Destiny Media’s CEO exits, with board chair stepping in as interim leader while a permanent replacement is sought.

Destiny Media Technologies disclosed that Fred Vandenberg has stepped down as President and CEO, effective February 9, 2026, after more than two decades at the company. He remains on the Board and will support the transition, which can help preserve institutional knowledge and relationships.

The Board has launched a search for a new CEO and appointed its Chairman, Hyonmyong ("Hoch") Cho, as interim CEO. Combining the chair and interim-CEO roles centralizes decision-making during the transition, which may streamline coordination but also concentrates governance responsibilities in one individual.

Leadership continuity is partially maintained through Vandenberg’s ongoing board role and Cho’s existing familiarity with the company as chair. Future disclosures on the timing and selection of a permanent CEO will clarify the company’s long-term leadership direction and strategic priorities.


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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 9, 2026

DESTINY MEDIA TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

Nevada 000-28259 84-1516745
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

428 – 1575 West Georgia
Vancouver, British Columbia, Canada V6G 2V3
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (604) 609-7736

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Fred Vandenberg has stepped down as President and Chief Executive Officer of Destiny Media Technologies Inc. (the "Company"), to pursue other interests, effective February 9, 2026. The Company has initiated a search to identify a new Chief Executive Officer and has appointed Hyonmyong ("Hoch") Cho, who also serves as Chairman of the Board of Directors, to serve as interim-CEO.

Item 9.01. Financial Statements and Exhibits.

99.1 Destiny Media Technologies Inc. Announces Leadership Transition
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  DESTINY MEDIA TECHNOLOGIES INC.
Date:  February 9, 2026    
  By: /s/ FRED VANDENBERG
     
    FRED VANDENBERG
    Chief Executive Officer, President and Secretary



Destiny Media Technologies Inc. Announces Leadership Transition

Vancouver, BC - February 9, 2026 - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, today announced that Fred Vandenberg has stepped down as President and Chief Executive Officer, to pursue other interests, effective February 9, 2026.  The Company also announced that it has initiated a search to identify a new Chief Executive Officer and has appointed Hyonmyong ("Hoch") Cho, who also serves as Chairman of the Board of Directors, to serve as interim-CEO.

Mr. Vandenberg joined Destiny Media Technologies in 2004 and was promoted to Chief Financial Officer in 2007, subsequently being promoted to Chief Executive Officer in June 2017.  Mr. Vandenberg will provide assistance to the Company  to support with the transition and will remain a member of the Board of Directors. 

"On behalf of the entire board, we would like to extend sincere thanks to Fred for his hard work and dedication to the Company. We are grateful that Fred has agreed to make himself available to the Company while we are searching for a replacement.  We wish him well in his future endeavors," said Hoch Cho, Interim CEO.  "I plan to engage with our very capable operational team to ensure continuity as the Board undertakes a search for a permanent CEO."

"It has been a privilege to lead Destiny Media's growth over the last 21 years, growing Play MPE® revenue from an idea to the world's leading promotional distribution tool." said Fred Vandenberg. "I am very proud of the talented team we have assembled and what we have accomplished together.  I would like to thank the Board for their support and I look forward to assisting in the transition and will be an enthusiastic supporter as Destiny Media continues to grow and develop."

About Destiny Media Technologies Inc.

Destiny Media Technologies ("Destiny") provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE®, provides promotional music marketing to engaged networks of decision makers in radio, film, TV, and beyond. More information can be found on the DSNY website.

Forward-Looking Statements

This release contains forward-looking statements that reflect current views with respect to future events and operating performance. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in these forward-looking statements. Destiny Media Technologies is not obligated to update these statements in the future. For more information on the Company's risks and uncertainties relating to those forward-looking statements, please refer to the Risk Factors section in our Annual Form 10-K for the fiscal year ended August 31, 2025, which is available on www.sedar.com or www.sec.gov. 


Contact:

Hyonmyong ("Hoch") Cho

Interim-CEO and Chairman

Hochc@dsny.com


FAQ

What leadership change did Destiny Media Technologies (DSNY) announce?

Destiny Media Technologies announced that Fred Vandenberg has stepped down as President and Chief Executive Officer, effective February 9, 2026. He will remain on the Board of Directors and support the transition while the company searches for a new permanent CEO.

Who is serving as interim CEO of Destiny Media Technologies (DSNY)?

Hyonmyong ("Hoch") Cho, Chairman of the Board of Directors, has been appointed interim CEO of Destiny Media Technologies. He will lead the company while the Board conducts a search to identify and appoint a new permanent Chief Executive Officer.

Will Fred Vandenberg remain involved with Destiny Media Technologies (DSNY)?

Yes. Although Fred Vandenberg has stepped down as President and CEO, he will continue as a member of the Board of Directors. He has also agreed to assist the company during the leadership transition to help ensure continuity and support the incoming CEO.

Why did Fred Vandenberg step down as CEO of Destiny Media Technologies (DSNY)?

The company stated that Fred Vandenberg stepped down as President and CEO to pursue other interests, effective February 9, 2026. No additional reasons or operational issues were described in the announcement beyond this stated motivation for the leadership change.

What does Destiny Media Technologies (DSNY) do in the music industry?

Destiny Media Technologies provides software-as-a-service solutions for the music industry, focused on distribution and promotion. Its core product, Play MPE®, supports promotional music marketing by delivering digital assets to networks of decision makers in radio, film, television, and related media sectors.

How long has Fred Vandenberg been with Destiny Media Technologies (DSNY)?

Fred Vandenberg joined Destiny Media Technologies in 2004, became Chief Financial Officer in 2007, and was promoted to Chief Executive Officer in June 2017. He has therefore held senior leadership roles at the company for well over a decade.

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