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8-K - CURRENT REPORT - RumbleOn, Inc. | rmbl_8k.htm |
Exhibit 99.1
RUMBLEON, INC. MOURNS THE PASSING OF STEVEN BERRARD,
CHIEF FINANCIAL OFFICER AND DIRECTOR OF THE COMPANY
DALLAS,
June 8, 2021 – RumbleOn, Inc. (NASDAQ: RMBL) announces the
unexpected passing of Steven Berrard, the Company’s Chief
Financial Officer and a member of the Board of Directors, on Monday
evening.
“It
is with great sadness that we announce the passing of our dear
friend, Steve Berrard. On behalf of the RumbleOn family, its Board
of Directors and management team, we extend our deepest sympathies
to Steve’s wife, his five children, and his family, all of
whom he deeply cherished,” said Marshall Chesrown,
RumbleOn’s Chairman and Chief Executive Officer.
“Steve
was a larger-than-life figure who brought his remarkable experience
and passion to RumbleOn. He was, and always will be, the symbol of
RumbleOn’s core values and dedication to our employees,
partners, and the powersports enthusiasts who embraced our mission.
Steve was truly a business visionary
who saw our pending combination with RideNow as the culmination of
his life’s work. We can do him no greater honor than to
continue his work and complete what we have
begun,”
concluded Marshall.
RumbleOn’s
key leadership is meeting in Charlotte, North Carolina today to
support Steve’s wife and children. The Company remains
resolute in its, and Steve’s, vision for RumbleOn, and we
will share additional information in the coming days.
Steve
was the co-founder and Co-Chief Executive Officer of AutoNation
from 1996 to 1999. Before joining AutoNation, Steve served as
President and Chief Executive Officer of the Blockbuster
Entertainment Group, at the time the world's largest video store
operator. Steve served as President of Huizenga Holdings, Inc., a
real estate management development company, and served in various
positions with subsidiaries of Huizenga Holdings, Inc. from 1981 to
1987. Steve began his career at Coopers & Lybrand (now
PricewaterhouseCoopers LLP) in 1976.
About RumbleOn
Founded
in 2017, RumbleOn (NASDAQ: RMBL) is an e-commerce company using
innovative technology to aggregate and distribute pre-owned
vehicles, 100% online. RumbleOn is disrupting the pre-owned vehicle
supply chain by providing dealers with technology solutions such as
virtual inventory, and a 24/7 distribution platform, and consumers
with an efficient, timely and transparent transaction experience,
without leaving home. Whether buying, selling, trading or financing
a vehicle, RumbleOn enables dealers and consumers to transact
without geographic boundaries in a transparent, fast and friction
free experience. For more information, please
visit http://www.rumbleon.com.
Investor
Relations:
The
Blueshirt Group
Whitney
Kukulka
investors@rumbleon.com
Source:
RumbleOn, Inc.