Beachbody Company Announces Board and Officer Changes
Ticker: BODYW · Form: 8-K · Filed: Feb 28, 2025 · CIK: 1826889
| Field | Detail |
|---|---|
| Company | Beachbody Company, Inc. (BODYW) |
| Form Type | 8-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Beachbody's board and execs are changing, expect new strategies.
AI Summary
On February 24, 2025, The Beachbody Company, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes information on the election of new directors and the appointment of certain officers, as well as details regarding compensatory arrangements for these individuals. The company, formerly known as Forest Road Acquisition Corp., is incorporated in Delaware and headquartered in El Segundo, California.
Why It Matters
Changes in a company's board and executive team can signal shifts in strategy, operational focus, or financial direction.
Risk Assessment
Risk Level: medium — Changes in leadership and executive compensation can introduce uncertainty and impact future performance.
Key Numbers
- 001-39735 — SEC File Number (Identifies the company's filing history with the SEC.)
- 1231 — Fiscal Year End (Indicates the end of the company's annual accounting period.)
Key Players & Entities
- The Beachbody Company, Inc. (company) — Registrant
- Forest Road Acquisition Corp. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- El Segundo, California (location) — Principal executive offices
- February 24, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors, but does not specify the names of newly elected or departing directors in the provided text.
Who are the newly appointed officers and what are their roles?
The filing mentions the appointment of certain officers and their compensatory arrangements, but does not name the individuals or their specific positions.
What is the nature of the compensatory arrangements for the new officers?
The filing states that details regarding compensatory arrangements are included, but the specific terms are not provided in this excerpt.
When did Beachbody Company, Inc. change its name from Forest Road Acquisition Corp.?
The date of the name change from Forest Road Acquisition Corp. to The Beachbody Company, Inc. was October 1, 2020.
What is the SIC code for The Beachbody Company, Inc.?
The Standard Industrial Classification (SIC) code for The Beachbody Company, Inc. is 5960, which falls under 'RETAIL-NONSTORE RETAILERS'.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on February 28, 2025 regarding Beachbody Company, Inc. (BODYW).