FaZe Clan’s Richard “FaZe Banks” Bengtson has revealed his plans for the group as newly appointed CEO.
It’s truthful to say it’s been a turbulent 12 months for FaZe Clan, with inner disputes between founding members, mass layoffs coming into the general public eye, and the continual decline of the corporate’s inventory value — probably dealing with a delisting from the Nasdaq inventory alternate — rather a lot has gone on underneath the hood in 2023 for the longstanding esports and gaming leisure model.
On October 20, FaZe Clan was put again within the palms of its founding members Temperrr, Banks, and Apex as GameSquare, the proprietor of Complexity Gaming and Code Pink Esports, introduced they’d entered right into a “definitive settlement” to accumulate the group.
Now with those that began it able to be again on the helm of all of it, with Banks taking cost as CEO, Temperrr being named as President, and Apex changing into COO, the way forward for FaZe appears to be promising.
Banks reveals plans for FaZe as new CEO
In a current Adin Ross reside stream, Banks opened up about his plans for the group as soon as he’s in management. “90 days after which this sh*t is f**king mine,” mentioned the FaZe Clan star, earlier than happening to disclose what his plans are as soon as he holds the reigns.
In response to Banks, the very first thing he plans to do is “chop” and filter FaZe Clan. “The very first thing I’m doing is chopping everybody’s f**king heads off,” he mentioned. “They’re all gone. So long.”
He added: “Sufficient is sufficient. You guys are all going to see, you’re all going to see.”
The merger deal between the 2 corporations is anticipated to shut within the fourth quarter of 2023, the place FaZe will function as an entirely owned subsidiary and unbiased division of GameSquare.