Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
(b) Effective May 15, 2021, Force Protection Video Equipment Corp. ("the
Company") terminated Lou Kerner as the Company's Chief Executive Officer
(Principal Executive Officer).
(c) Effective May 18, 2021, the Company appointed (i) Christopher Miglino, our
Chairman, as interim Principal Executive Officer and (ii) George Stella, the
Company's chief revenue officer, to additionally serve in the role of
President of the Company.
Christopher Miglino, age 52 is the co-founder of SRAX, our parent company and
has served on our board of directors since February 2021. Since April 2010, Mr.
Miglino has served as SRAX's Chief Executive Officer and a member of its board
of directors. He also served as SRAX's Chief Financial Officer and principal
financial and accounting officer from April 2010 until August 2015. Mr. Miglino,
who has over 15 years of experience running various advertising companies,
oversees all of our affairs. Some of the companies Mr. Miglino has helped launch
programs for include Diet Coke, Bank of America, Nestle, General Mills, HBO,
National Geographic, Target, Aflac, and Bayer. Mr. Miglino previously served as
a Board member for EVmo, Inc. (fka YaYYo, Inc) [OTC: YAYO] and served on their
compensation committee until January 2020. In addition, from August 2008 until
March 2010, Mr. Miglino was CEO of the Lime Ad Network, a subsidiary of Gaiam,
Inc. (Nasdaq: GAIA), where his responsibilities included management of
interactive and innovative advertising programs for 250 green and socially
conscious websites. Prior to that, from June 2004 until August 2008, Mr. Miglino
was CEO of Conscious Enlightenment, where he oversaw their day to day operations
in the publishing and advertising industry. From 2004 until 2008, Mr. Miglino
served as a board member for Golden Bridge Yoga in Los Angeles, a studio that
encompasses over 20,000 square feet of yoga spaces including a restaurant. Mr.
Miglino holds a bachelor's degree from the University of Southern California.
Mr. Miglino's role as a co-founder of SRAX, his operational experience in SRAX
as well as his professional experience in technology and advertising sectors
were factors considered with his appointment to the BIG Token Board.
Mr. Miglino has no family relationship with any of the executive officers or
directors of the Company. There are no arrangements or understandings between
Mr. Miglino and any other person pursuant to which he was appointed to this
position.
George Stella, age 50, joined the Company as chief revenue officer in February
2021. He was also appointed to serve as President of the Company on May 18,
2021. Prior to that, Mr. Stella served as executive vice president of SRAX, our
parent company, since March 2018. George began his career in digital advertising
spending 12 years at 24/7 Media as the data driven digital marketing space
emerged. He then entered the digital shopper marketing space in its infancy with
OwnerIQ and then HookLogic. Prior to joining SRAX, Mr. Stella served as vice
president of sales, helping Yieldbot develop its digital shopper business.
Mr. Stella has no family relationship with any of the executive officers or
directors of the Company. There are no arrangements or understandings between
Mr. Stella and any other person pursuant to which he was appointed to this
position.
© Edgar Online, source Glimpses