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Brand Engagement Network Inc. (NASDAQ:BNAI) announced the appointment of Bernard Puckett as interim chairman of its board of directors, effective immediately. The decision was made by the board on Thursday, with Mr. Puckett replacing Chris Gaertner in the chairman role. Mr. Gaertner will continue to serve as a member of the company’s board.
According to the company’s statement in a Securities and Exchange Commission filing, Mr. Puckett’s appointment follows the company’s bylaws and corporate governance procedures. The filing noted that there are no arrangements or understandings between Mr. Puckett and any other person regarding his appointment, and there are no related-party transactions between Mr. Puckett and the company that require disclosure under SEC regulations.
Mr. Puckett is described in the filing as having experience in corporate governance, operational leadership, and strategic growth, with previous senior leadership and advisory roles in various industries.
Brand Engagement Network’s common stock and redeemable warrants are listed on The Nasdaq Stock Market LLC under the symbols NASDAQ:BNAI and NASDAQ:BNAIW, respectively.
The information is based on a press release statement filed with the SEC.
In other recent news, Brand Engagement Network Inc. has appointed Janine Grasso as Interim Chief Executive Officer, succeeding Paul Chang. Grasso, who has been a member of the company’s Board of Directors since February 2024, brings over 20 years of technology leadership experience to the role. In addition to her new responsibilities, she will continue to serve on the Board. The company also announced it has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement, giving it until December 29, 2025, to meet the criteria.
Additionally, Brand Engagement Network has scheduled its 2025 Annual Meeting of Shareholders for July 22, 2025, to be held virtually. The agenda includes the election of directors and ratification of the company’s independent registered public accounting firm. In its recent Q2 2025 earnings call, the company emphasized its strategic focus on cost management and innovation in the AI sector. Despite these efforts, investor concerns were reflected in a dip in the company’s stock price post-call.
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