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Turtle Beach Corporation Appoints Libby Bush to Board of Directors

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Turtle Beach (Nasdaq: HEAR) has appointed Libby Bush, Global Head of Media & Entertainment Partnerships at Creative Artists Agency (CAA), to its board of directors as an independent director. Bush joins the Compensation Committee, bringing the total board members to nine. William Wyatt, an independent board member since 2023, has been named Chair of the Compensation Committee.

Bush brings over 20 years of experience in media and entertainment, specializing in marketing and strategic growth initiatives. At CAA, she oversees a team of 25 and advises high-profile clients and major media companies. Previously, she founded Tandem Entertainment and held positions with the NBA, WNBA, and Walt Disney Company.

The appointment aims to strengthen Turtle Beach's board with Bush's expertise in building consumer brands and expanding business opportunities.

Turtle Beach (Nasdaq: HEAR) ha nominato Libby Bush, Responsabile Globale di Media e Collaborazioni di Intrattenimento presso la Creative Artists Agency (CAA), nel suo consiglio di amministrazione come amministratore indipendente. Bush si unisce al Comitato per la Retribuzione, portando il totale dei membri del consiglio a nove. William Wyatt, membro indipendente del consiglio dal 2023, è stato nominato Presidente del Comitato per la Retribuzione.

Bush porta con sé oltre 20 anni di esperienza nel campo dei media e dell'intrattenimento, specializzandosi in marketing e iniziative di crescita strategica. Presso la CAA, supervisiona un team di 25 persone e consiglia clienti di alto profilo e grandi aziende media. In precedenza, ha fondato la Tandem Entertainment e ha ricoperto ruoli nella NBA, WNBA e Walt Disney Company.

La nomina mira a rafforzare il consiglio di Turtle Beach grazie all'expertise di Bush nel costruire marchi di consumo e ampliare le opportunità di business.

Turtle Beach (Nasdaq: HEAR) ha nombrado a Libby Bush, Directora Global de Media y Alianzas de Entretenimiento en Creative Artists Agency (CAA), a su junta directiva como directora independiente. Bush se une al Comité de Compensación, aumentando el total de miembros de la junta a nueve. William Wyatt, miembro independiente desde 2023, ha sido nombrado Presidente del Comité de Compensación.

Bush aporta más de 20 años de experiencia en medios y entretenimiento, especializándose en marketing e iniciativas de crecimiento estratégico. En CAA, supervisa un equipo de 25 y asesora a clientes de alto perfil y grandes empresas de medios. Anteriormente, fundó Tandem Entertainment y ocupó puestos en la NBA, WNBA y Walt Disney Company.

El nombramiento busca fortalecer la junta de Turtle Beach con la experiencia de Bush en la construcción de marcas de consumo y la expansión de oportunidades comerciales.

터틀 비치 (Nasdaq: HEAR)는 크리에이티브 아티스트 에이전시 (CAA)의 미디어 및 엔터테인먼트 파트너십 글로벌 책임자인 리비 부시를 독립 이사로 이사회의 일원으로 임명했습니다. 부시는 보상위원회에 합류하여 이사 수를 총 9명으로 늘립니다. 윌리엄 와이엇은 2023년부터 독립 이사로 활동하며 보상위원회 의장으로 임명되었습니다.

부시는 미디어 및 엔터테인먼트 분야에서 20년 이상의 경력을 가지고 있으며, 마케팅 및 전략적 성장 이니셔티브를 전문으로 하고 있습니다. CAA에서 그녀는 25명의 팀을 관리하며, 높은 프로필을 지닌 고객 및 주요 미디어 회사에 조언을 제공합니다. 이전에는 탄덤 엔터테인먼트를 설립하고 NBA, WNBA 및 월트 디즈니 컴퍼니에서 직책을 맡았습니다.

이번 임명은 터틀 비치의 이사회를 부시의 소비자 브랜드 구축 및 비즈니스 기회 확대에 대한 전문성을 통해 강화하려는 목표입니다.

Turtle Beach (Nasdaq: HEAR) a nommé Libby Bush, Responsable Mondiale des Partenariats Médias et Divertissement chez Creative Artists Agency (CAA), au sein de son conseil d'administration en tant que directrice indépendante. Bush rejoint le Comité des Rémunérations, portant le nombre total de membres du conseil à neuf. William Wyatt, membre indépendant depuis 2023, a été nommé Président du Comité des Rémunérations.

Bush apporte plus de 20 ans d'expérience dans les médias et le divertissement, spécialisée dans le marketing et les initiatives de croissance stratégique. Chez CAA, elle supervise une équipe de 25 personnes et conseille des clients de haut profil ainsi que de grandes entreprises médiatiques. Auparavant, elle a fondé Tandem Entertainment et a occupé des postes à la NBA, WNBA et au sein de la Walt Disney Company.

La nomination vise à renforcer le conseil de Turtle Beach grâce à l'expertise de Bush dans la construction de marques de consommation et l'expansion des opportunités commerciales.

Turtle Beach (Nasdaq: HEAR) hat Libby Bush, Global Head of Media & Entertainment Partnerships bei der Creative Artists Agency (CAA), als unabhängige Direktorin in seinen Verwaltungsrat berufen. Bush tritt dem Vergütungsausschuss bei und erhöht die Gesamtzahl der Vorstandsmitglieder auf neun. William Wyatt, seit 2023 unabhängiges Vorstandsmitglied, wurde zum Vorsitzenden des Vergütungsausschusses ernannt.

Bush bringt über 20 Jahre Erfahrung im Bereich Medien und Unterhaltung mit, spezialisiert auf Marketing und strategische Wachstumsinitiativen. Bei CAA leitet sie ein Team von 25 Personen und berät hochkarätige Kunden und große Medienunternehmen. Zuvor gründete sie Tandem Entertainment und hatte Positionen bei der NBA, WNBA und der Walt Disney Company inne.

Die Ernennung zielt darauf ab, den Vorstand von Turtle Beach durch Bushs Expertise im Aufbau von Verbraucherbrands und der Erweiterung von Geschäftsmöglichkeiten zu stärken.

Positive
  • Appointment of Libby Bush adds valuable media and entertainment industry expertise to the board
  • Bush's experience with major media companies like Netflix and Apple TV+ could potentially open new partnership opportunities
  • Expansion of the board to nine members potentially brings more diverse perspectives
  • Appointment of William Wyatt as Chair of the Compensation Committee may improve alignment of compensation programs with shareholder value
Negative
  • None.

WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset and accessories brand, today announced the appointment of Libby Bush, Global Head of Media & Entertainment Partnerships at leading entertainment and sports agency, Creative Artists Agency (CAA), to its board of directors (the “Board”) as an independent director, effective immediately. Following her election to the Board, Ms. Bush has been added as a member of its Compensation Committee. With Ms. Bush’s appointment, the Board now includes a total of nine directors. In addition, William Wyatt, who has served as an independent board member since 2023, has been named Chair of the Compensation Committee.

“We are delighted to welcome Libby to the Board,” said Terry Jimenez, Chairman of the Board, Turtle Beach Corporation. “Her extensive leadership experience in media and entertainment and building leading consumer brands will greatly benefit Turtle Beach and its shareholders as we continue to expand our business. Libby will further strengthen an incredibly committed Board and we look forward to benefitting from her contributions.”

“Libby’s perspective and deep understanding of large and successful brands will undoubtedly benefit the Board and the Company,” added Julia Sze, Chair of the Nominating and Governance Committee. “Additionally, her appointment to the Compensation Committee along with the appointment of Will to Chair of the Compensation Committee underscores our continued dedication to creating compensation programs that align with and drive value for all shareholders.”

Ms. Bush is a seasoned media and entertainment executive with over two decades of experience in marketing and strategic growth initiatives in both funding and distribution aspects. As Global Head of Media & Entertainment Partnerships at CAA, Ms. Bush oversees the department’s 25 colleagues and serves as a trusted advisor, strategist, and dealmaker for high-profile talent clients, in addition to major media companies such as Netflix, Apple TV+, HBO, and Paramount+. Prior, she founded and led Tandem Entertainment, a boutique agency later acquired by CAA in 2020. Earlier in her career, she honed her skills in marketing and brand partnerships in notable positions with the NBA, the WNBA’s Los Angeles Sparks, and the Walt Disney Company, working at both ABC and Marvel. Ms. Bush received a B.A. in rhetoric and communication studies from the University of Richmond.

About Turtle Beach Corporation

Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) is one of the world’s leading gaming accessory providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: HEAR.

Cautionary Note on Forward-Looking Statements
This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “goal”, “project”, “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to logistic and supply chain challenges, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

CONTACTS

Investors:
hear@icrinc.com
(646) 277-1285

Public Relations & Media:
MacLean Marshall
Sr. Director, Global Communications
Turtle Beach Corporation
(858) 914-5093
maclean.marshall@turtlebeach.com


FAQ

Who is the new board member appointed to Turtle Beach (HEAR)?

Libby Bush, Global Head of Media & Entertainment Partnerships at Creative Artists Agency (CAA), has been appointed as an independent director to Turtle Beach 's board.

What is Libby Bush's role on Turtle Beach 's (HEAR) board?

Libby Bush has been appointed as an independent director and added as a member of the Compensation Committee on Turtle Beach 's board.

How many directors are now on Turtle Beach 's (HEAR) board after the new appointment?

With Libby Bush's appointment, Turtle Beach 's board now includes a total of nine directors.

What changes were made to Turtle Beach 's (HEAR) Compensation Committee?

Libby Bush was added as a member of the Compensation Committee, and William Wyatt, an independent board member since 2023, has been named Chair of the Compensation Committee.

Turtle Beach Corporation

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