$RIME Algorhythm Announces CEO Transition in Connection with Transformational Acquisition and Strategic Refocus

Leadership Transition Expected to Include New Members of Leadership Team and Board of Directors as Company in Connection With Strategic Repositioning

Fort Lauderdale, FL, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the "Company") (NASDAQ: RIME) – a leading AI technology company, today announced a planned leadership transition in connection with the Company's previously announced evaluation of strategic alternatives and a corporate repositioning.

As part of the transition, the Company dismissed Gary Atkinson as Chief Executive Officer of the Company following approximately 20 years of service to the Company. Mr. Atkinson also resigned from the Company's Board of Directors.
The leadership transition occurred in connection with the completion of a corporate transaction that resulted in the appointment of a new Chief Executive Officer, additional members of the Board of Directors and a significant change in the Company's operating focus.

Read full release: https://https://finance.yahoo.com/technology/ai/articles/algorhythm-announces-ceo-transition-connection-120000686.html