PodcastOne Appoints Experienced Finance Executive Craig Christensen as Interim CFO

summarizeSummary

PodcastOne appointed Craig Christensen as Interim CFO, replacing Ryan Carhart, with Christensen bringing extensive finance and M&A experience crucial for the company's strategic goals and 'going concern' status.

check_boxKey Events

• Interim CFO Appointed

  Craig Christensen was appointed Interim Chief Financial Officer, Interim Treasurer, and Interim Secretary, effective May 1, 2026. He will also serve as Principal Accounting Officer.

• Former CFO Departs Amicably

  Ryan Carhart, the former CFO, Treasurer, and Secretary, notified the company on April 28, 2026, of his departure to pursue another professional opportunity. His departure was not due to any dispute.

• Experienced Finance Executive

  Mr. Christensen brings over 25 years of progressive leadership experience in scaling public and private companies, with expertise in financial reporting, M&A, and capital markets. This experience is critical for PodcastOne, which previously disclosed a 'going concern' risk.

• Compensation Details

  Mr. Christensen will receive a weekly fee of $6,250 and is eligible for equity bonuses of 10,000 LiveOne common shares for filing the FY26 10-K and 5,000 LiveOne common shares for filing the Q1 FY27 10-Q.

auto_awesomeAnalysis

This 8-K formalizes the appointment of Craig Christensen as Interim Chief Financial Officer, Interim Treasurer, and Interim Secretary, following the company's press release on April 28, 2026. Mr. Christensen succeeds Ryan Carhart, whose departure was amicable and not due to any dispute. Mr. Christensen brings over 25 years of finance leadership, including experience with public companies, M&A, and scaling businesses, which is particularly relevant given PodcastOne's disclosed 'going concern' risk and strategic focus on M&A and growth. His compensation includes a weekly fee and equity bonuses in LiveOne common stock tied to the timely filing of financial reports, aligning incentives with critical compliance milestones.