Management ChangeApr 16, 2026, 07:36 AM
Rivulet Entertainment Appoints New Director, CEO Resigns
AI Summary
Rivulet Entertainment, Inc. announced significant changes to its leadership. Walter Geldenhuys resigned from his positions as Chief Executive Officer, Interim Chief Financial Officer, and as the sole member of the Board of Directors. Concurrently, Michael Witherill was appointed to the Board of Directors. The company noted that Mr. Geldenhuys's resignation was not due to any disagreement with the company.
Key Highlights
- Walter Geldenhuys resigned as CEO, Interim CFO, and sole Board member.
- Michael Witherill was appointed to the Board of Directors.
- Witherill previously received $391,000 for film production services, with $86,000 still owed.