The board shakeup comes the day before Celsius plans to announce how its creditors voted on the proposed reorgnization plan.
Michael Arrington has removed himself from the board of the company succeeding Celsius’s operations.
Arrington said his decision to leave was the result of disagreements concerning “some of the decisions made around board constitution and, in particular, the board observers” in a. Arrington also noted that his statement was “heavily edited by attorneys,” though he also affirmed that he still fully supports the deal and looks forward to contributing “in ways other than participating on the board of directors.
Norge Siste Nytt, Norge Overskrifter
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