On March 19, 2026, Newsmax Inc. announced the appointment of David Evans to its Board of Directors, filling an existing vacancy. This decision was made during a Board meeting and is effective immediately. Alongside his role on the Board, Evans has also been appointed to the Audit Committee, where he will serve with fellow committee members Rene Alexander Acosta and Paula J. Dobriansky. The Board has confirmed that Evans meets the independence criteria set forth by The New York Stock Exchange and other relevant regulations. As a non-employee member of the Board, Evans will receive compensation in accordance with the company's Director Compensation Policy. Importantly, there are no disclosed arrangements or understandings between Evans and any other parties regarding his selection as a director, nor are there any transactions involving the company in which he has a material interest that would require disclosure under Item 404(a) of Regulation S-K. In connection with his appointment, Evans has signed the company's standard form of indemnification agreement for directors, which was previously filed as an exhibit to the company's Offering Statement on Form 1-A with the SEC on February 7, 2025. This leadership change is expected to enhance the governance structure of Newsmax Inc. and may positively influence investor confidence.
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