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In addition to layoffs and voluntary salary reductions for senior management, the company recently named a new chief executive. After a decade at the helm, founder Jon Niermann has stepped down and has been replaced by Justis Kao, who is now its interim chief executive.
Burbank-based short-form video distributor Loop Media Inc. is implementing strategies to “streamline operations” and demonstrate its value to advertisers after seeing its stock price fall over the last year. In addition to layoffs and voluntary salary reductions for senior management, the company recently named a new chief executive.
Chase Briscoe enters the high banks of Bristol (Tenn.) Motor Speedway on a high after scoring his highest finish of the season last Sunday at Phoenix Raceway.
Chase Briscoe got his 2024 season off to a solid start by finishing 10th in the season-opening Daytona 500, held Monday after persistent rain postponed The Great American Race to the President’s Day holiday.
The 66th Daytona 500 Feb. 18 at Daytona (Fla.) International Speedway will mark Chase Briscoe’s fourth appearance in The Great American Race.