MINDBODY, Inc. (NASDAQ:MB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

MINDBODY, Inc. (NASDAQ:MB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)
On April 14, 2017, Jeremy Levine notified MINDBODY, Inc. (the “Company”) of his intention to resign as a Class I director of the Company effective as of June 13, 2017, in order to pursue other professional endeavors. Mr. Levine’s decision was not the result of any disagreement with the Company relating to the Company’s operations, policies or practices.
Item 8.01 Other Events.
In April 2017, following the recommendation of its nominating and corporate governance committee, the Company’s board of directors (the “Board”) nominated Court Cunningham to stand for election as a Class II director at the Company’s 2017 annual meeting of stockholders, which is scheduled to be held on June 14, 2017. In addition, the Company’s current Class II directors, Eric Liaw and Cipora Herman, will be standing for re-election as Class II directors at the Company’s 2017 annual meeting of stockholders.
Mr. Cunningham served as the Chief Executive Officer of Yodle, Inc., a provider of online marketing solutions acquired by Web.com Group, Inc., from April 2007 to June 2016. He was also a director of Yodle until its acquisition in March 2016. Prior to joining Yodle, Mr. Cunningham held the position of Chief Operating Officer at Community Connect, a niche social networking company, from April 2005 to April 2007. Prior to Community Connect, Mr. Cunningham served as Senior Vice President & General Manager of the Marketing Automation group at DoubleClick Inc., an online advertising company. Mr. Cunningham holds a B.A. in English from Princeton University and an M.B.A. from Harvard Business School.

About MINDBODY, Inc. (NASDAQ:MB)

MINDBODY, Inc. is a provider of cloud-based business management software for the wellness services industry and operates as a consumer marketplace with over 51,000 local business subscribers on its platform in over 130 countries and territories. The Company’s subscribers provide a range of wellness services to approximately 28 million active consumers. Its integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses. It also helps consumers discover, evaluate, engage and transact with these businesses through the Web and mobile devices. The platform addresses various aspects of operating a wellness business, including client scheduling and online booking; retail point-of-sale; analytics and reporting; user experience; mobility; social integration; dynamic cloud-based architecture; open platform for third-party application development; integration with other cloud-based partners, and security and compliance.

MINDBODY, Inc. (NASDAQ:MB) Recent Trading Information

MINDBODY, Inc. (NASDAQ:MB) closed its last trading session up +0.35 at 27.35 with 192,070 shares trading hands.

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