Daniel Shribman Resigns as Chairman of FaZe Clan

Credit: FaZe Holdings

In a new Form 8K filing with the U.S. Securities and Exchange Commission (SEC) this week, publicly-traded esports and gaming lifestyle FaZe Holdings announced the departure of Daniel Shribman as chairman of the board. 

In a filing dated Aug. 30, Faze Clan wrote, “On August 24, 2023, Daniel Shribman notified FaZe Holdings Inc. (the “Company”) of his resignation from the Board of Directors of the Company (“Board”), including his positions as Chairperson of the Board and as Chairperson of the Compensation Committee of the Board, effective immediately. Mr. Shribman’s resignation was not the result of any disagreement with the Company or any of its subsidiaries.”

Shribman was announced as a part of a “post-merger board of directors’ ‘ on March 22, 2022, prior to the Special Purpose Acquisition Company (SPAC) merger with B.Riley. Shribman currently serves as the chief investment officer of B. Riley Financial and the president of B. Riley Principal Investments. B. Riley is currently the largest shareholder in FaZe Holdings.