Nexxen International(US:NEXN) Globenewswire·2026-01-06 21:30Core Viewpoint - Nexxen International Ltd. is transitioning its Board of Directors to consist of six members, including five non-executive directors, as part of an ongoing governance review to align with current priorities and Nasdaq standards [2][4]. Group 1: Board Changes - Joanna Parnell and Norm Johnston have completed their terms on the Board as of January 6, 2026, with Parnell serving since 2014 and Johnston since June 2020 [3][4]. - The new Board structure will include one executive director and five non-executive directors, with plans to appoint a third independent director to the Audit Committee soon [4]. Group 2: Governance and Oversight - The changes in the Board's composition are aimed at ensuring effective oversight and acting in the best interests of shareholders [2][5]. - The Chairman of the Board, Chris Stibbs, expressed gratitude for the contributions of Parnell and Johnston, emphasizing the Board's focus on rigorous oversight and long-term value creation [5]. Group 3: Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [5][6]. - The company is headquartered in Israel and has a presence in the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [6].