EVmo, Inc. announced that Terren S. Peizer, Executive Chairman of the board of directors (the Board) of EVmo, Inc., a Delaware corporation (the Company), submitted his resignation from the Board, effective immediately. Mr. Peizer had served as Executive Chairman of the Company since February 2021. His resignation was not the result of a disagreement with the Company regarding its operations, policies or practices.
Stephen M. Sanchez, chief executive officer of the Company, will replace Mr. Peizer as chairman of the Board.