Beachbody Names New Interim CFO, Feinberg Takes Helm
Ticker: BODYW · Form: 8-K · Filed: Apr 16, 2024 · CIK: 1826889
| Field | Detail |
|---|---|
| Company | Beachbody Company, Inc. (BODYW) |
| Form Type | 8-K |
| Filed Date | Apr 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment
TL;DR
Beachbody CFO out, Jonathan Feinberg steps in as interim CFO while keeping his CLO role.
AI Summary
On April 10, 2024, The Beachbody Company, Inc. announced the departure of its Chief Financial Officer, Paul Sutermeister. Concurrently, the company appointed Jonathan A. Feinberg as the new Interim Chief Financial Officer. Feinberg's appointment is effective immediately, and he will also continue in his role as Chief Legal Officer.
Why It Matters
This leadership change in the CFO role could signal shifts in financial strategy or operational focus for Beachbody.
Risk Assessment
Risk Level: medium — A change in CFO can indicate underlying financial issues or strategic realignments, warranting closer scrutiny.
Key Players & Entities
- The Beachbody Company, Inc. (company) — Registrant
- Paul Sutermeister (person) — Departing Chief Financial Officer
- Jonathan A. Feinberg (person) — Appointed Interim Chief Financial Officer and Chief Legal Officer
- April 10, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new Interim Chief Financial Officer for The Beachbody Company, Inc.?
Jonathan A. Feinberg has been appointed as the new Interim Chief Financial Officer.
What was the effective date of the reported changes?
The effective date of the reported changes was April 10, 2024.
Who previously held the position of Chief Financial Officer at The Beachbody Company, Inc.?
Paul Sutermeister was the Chief Financial Officer who departed from the company.
Will Jonathan A. Feinberg be taking on any other roles besides Interim CFO?
Yes, Jonathan A. Feinberg will continue in his role as Chief Legal Officer.
In which state is The Beachbody Company, Inc. incorporated?
The Beachbody Company, Inc. is incorporated in Delaware.
Filing Stats: 712 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-04-16 16:11:46
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share BODI The New York Stock E
Filing Documents
- body-20240410.htm (8-K) — 45KB
- body-ex10_1.htm (EX-10.1) — 34KB
- img45741634_0.jpg (GRAPHIC) — 5KB
- 0000950170-24-044775.txt ( ) — 209KB
- body-20240410.xsd (EX-101.SCH) — 25KB
- body-20240410_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Letter Agreement by and between Beachbody, LLC and Michael Neimand, dated April 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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. The Beachbody Company, Inc. Date: April 16, 2024 By: /s/ Jonathan Gelfand Jonathan Gelfand Executive Vice President, Business & Legal Affairs Corporate Secretary