Business
Nexxen Announces Board Transitions Following 2025 Annual General Meeting
Board to transition to six directors, including five non-executive members; The term of office of Joanna Parnell and Norm Johnston concluded at the Annual
About this update from Nexxen International Ltd.
[{"type":"text","content":"Board to transition to six directors, including five non-executive members; The term of office of Joanna Parnell and Norm Johnston concluded at the Annual General Meeting\nNEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global advertising technology platform with deep expertise in data and advanced TV, today announced that Joanna Parnell and Norm Johnston completed their terms as members of the Company’s Board of Directors at the Annual General Meeting on January 6, 2026.These changes reflect Nexxen’s ongoing review of its governance, ensuring the Board’s composition and size remain aligned with the Company’s current priorities and standard practices of Nasdaq-listed companies. The updated structure is intended to support effective oversight and help the Board continue acting in the best interests of shareholders. Norm Johnston has served on Nexxen's Board since June 2020, while Joanna Parnell has served since 2014, including most recently as a member of the Audit Committee, Compensation Committee and Sustainability, Nomination and Governance Committee. Following the transition, the Company’s Board of Directors will be comprised of six members, including one executive director and five non-executive directors. The Board intends to appoint a third independent director to the Audit Committee in the near future to join its continuing members. Nexxen does not anticipate any impact to its operations or strategic direction because of these changes. “We thank Joanna and Norm for the valuable perspective and guidance they have brought to Nexxen over the course of their tenures,” said Chris Stibbs, Chairman of Nexxen’s Board of Directors. “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 empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform (DSP) and supply-side platform (SSP), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen’s robust capabilities span discovery, planning, activation, monetization, measurement and optimization – availab...