Nexxen Announces Board Transitions by 2026 Annual General Meeting
On January 6, 2026, Nexxen International Ltd. (NASDAQ: NEXN) officially announced the completion of board transitions during its Annual General Meeting. This restructuring reflects the company's commitment to adapt its governance practices in alignment with Nasdaq requirements and the evolving priorities of the organization.
Board Composition Changes
Joanna Parnell and Norm Johnston have concluded their tenures on the Board of Directors. Norm Johnston joined in June 2020 while Joanna Parnell had been serving since 2014, holding significant roles including that of the Audit Committee, Compensation Committee, and Sustainability, Nomination and Governance Committee.
Post-transition, Nexxen's Board will consist of six members—comprising one executive director and five non-executive directors. The company plans to appoint a third independent director to the Audit Committee soon, reinforcing its commitment to effective governance.
Impact on Operations
Nexxen does not foresee any operational disruptions or strategic alterations due to these governance changes. This decision aims to enhance oversight capabilities while maintaining alignment with the interests of shareholders.
Chris Stibbs, Chairman of Nexxen’s Board, expressed gratitude towards both Parnell and Johnston, stating, “We thank Joanna and Norm for the valuable perspective and guidance they have brought to Nexxen over the course of their tenures. With this updated structure, the Board remains focused on providing rigorous oversight as the Company continues executing its strategy and creating long-term value.”
About Nexxen
Nexxen is a global leader in advertising technology, dedicated to empowering advertisers, agencies, publishers, and broadcasters through innovative use of data and advanced TV technologies. The Company’s flexible technology stack combines demand-side (DSP) and supply-side platforms (SSP), driven by the Nexxen Data Platform.
Headquartered in Israel, Nexxen operates offices across the United States, Canada, Europe, and the Asia-Pacific region. The company is publicly traded under the symbol NEXN on the Nasdaq.
Forward-Looking Statements
This announcement contains forward-looking statements under the U.S. Securities Act and Exchange Act. Specific words such as “anticipates,” “believes,” “expects,” and “intends” identify these statements. However, uncertainties, risks, and other factors might cause actual results to differ significantly from expectations.
Nexxen strongly advises stakeholders to avoid undue reliance on forward-looking statements and encourages reviewing the risk factors detailed in its most recent Annual Report on Form 20-F, available at the U.S. SEC website.
Contact Information
For further inquiries, please reach out to:
- Billy Eckert, Vice President of Investor Relations: ir@nexxen.com
- Caroline Smith, Vice President of Communications: csmith@nexxen.com