FaZe Holdings (FAZE) Announces Officer Change

Today, FaZe Holdings Inc. (NASDAQ: FAZE) , parent company of FaZe Clan, the lifestyle and media platform rooted in gaming and youth culture, announces the appointment of Christoph Pachler, currently Chief Financial Officer, to the additional role of Chief Operating Officer of FaZe Holdings and Erik Anderson to President of FaZe Clan, Inc. Pachler and Anderson will both report to CEO, Lee Trink.

Since joining FaZe Holdings in September 2022 as CFO, Pachler has played a crucial role in improving the company's cost structure and deployed greater financial discipline across all of FaZe's initiatives. In his additional role of Chief Operating Officer (COO), he will lead efforts to drive efficiencies across the organization.

"These appointments demonstrate our focus on driving the FaZe business and brand forward while assuring a cost-effective approach to operating the business as we pursue our path to profitability," said Lee Trink, CEO of FaZe Holdings, Inc. "By expanding Christoph's role to CFO and COO, we are streamlining management focus on cost discipline so that FaZe is better positioned to scale and grow."

Erik Anderson joined FaZe Clan in 2016 and previously served as head of esports. During his tenure, he's grown the esports division, which currently competes across 13 titles with a collective total of 40 championships. Anderson will now take a greater leadership role in the gaming organization, while continuing to lead the esports division.

Trink continues, "Erik has deep roots at FaZe Clan and has been a critical leader throughout the past several years with a proven track record of successfully growing and developing talent. I'm thrilled for him to further leverage his knowledge and understanding of the FaZe Clan brand to additional verticals across the organization."

FaZe Holdings also announced that Zach Katz has resigned from his position as President and COO to explore other business opportunities. His resignation is effective May 31, 2023.

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