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Market
Razer leadership changes by mid-2025
3
Resolution / Starting Odds
No change in leadership • 34%
CEO replaced • 33%
CFO replaced • 33%
Corporate announcements and reliable business news sources
Story
Razer Fined $100K by FTC, Ordered to Refund $1.1M Over Misleading Mask Claims
Apr 29, 2024, 04:46 PM
Razer, Inc. has been fined by the Federal Trade Commission (FTC) and ordered to pay over $1.1 million in penalties and refunds. The company made significant revenue from its Zephyr face masks, which were marketed with RGB lighting and claimed to be of 'N95-grade' quality. However, the FTC found these claims to be misleading, resulting in a $100,000 fine and a directive to refund $1.1 million to U.S. consumers.
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No change in leadership • 25%
CEO replaced • 25%
Board members replaced • 25%
Other executive changes • 25%
No changes in leadership • 25%
Minor reshuffle • 25%
Major leadership overhaul • 25%
CEO steps down • 25%
No changes • 25%
CEO change • 25%
CFO change • 25%
Both CEO and CFO change • 25%
CEO replaced • 25%
CFO replaced • 25%
Other executives replaced • 25%
No change in leadership • 25%
No changes • 33%
New CEO or President appointed • 33%
Multiple leadership changes • 33%
Yes • 50%
No • 50%
No change • 33%
New CEO • 33%
New senior executives • 33%