ITEM
5.02—DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT
OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On
April 27, 2020, Ryan Smith, Chad Miller, Brian McMullen, and Jeremy Roma voluntarily resigned as directors of Investview, Inc.
These resignations were not the result of any disagreement between the directors and Investview on any matter relating to Investview’s
operations, policies, or practices.
The
remaining three Directors, Joseph Cammarata, Annette Raynor, and Mario Romano, voted to fill two of the resulting vacancies on
the board with David Rothrock and James Bell, the persons designated by DBR Capital. See Item 1.01 above.
David
B. Rothrock, 55, has extensive executive management, board, and operational expertise in the automobile industry, fintech,
financial services, residential and commercial real estate, property management, corporate financing, private equity, utility
technology, environmental remediation services, insurance, wine retail operations and distribution, and wealth management. Mr.
Rothrock is the chief executive officer of DBR Capital, LLC. Through his key roles as president and chief executive officer of
DBR Capital LLC, MPower Trading Systems, Cedar Crest Partners G.P. LLC, and Rothrock Motors Sales, Inc. (a group of franchised
automobile dealerships), , which collectively generate over $150 million in annual sales revenue. Mr. Rothrock is an active board
member of charitable organizations that support breast cancer research and women’s health and fitness as well as the arts
and theater in Lehigh Valley, PA. Mr. Rothrock has a B.S. in Business Management graduating Magna Cum Laude from Widener University,
and holds a J.D. from the New York Law School with Bar admittance to New York, New Jersey, and Pennsylvania.
James
Bell, 54, specializes in financial management with more than 30 years of experience in the capital markets. As co-founder
and chief executive officer of MPower Trading Systems, Mr. Bell is responsible for charting the company’s business course
and overseeing all principal functions of the firm, including corporate strategy and deployment of initiatives, product, and partnerships.
Mr. Bell has been at the forefront of online trading since its infancy. Prior to co-founding MPower in 2004, Mr. Bell served as
managing director of trading development of thinkorswim-TD Ameritrade, Inc. from 2002-2011, where he led the company’s product
and technology team to develop client digital content. Mr. Bell is co-founder and managing partner of ShadowTrader Technologies,
which provides real-time digital financial research and education content to TD Ameritrade, Inc. (2004-present). Prior to MPower,
Mr. Bell also co-founded B/C Interactive Trading Technologies in 2001, which was ultimately sold to MPower in 2004. Prior to B/C,
Mr. Bell served as SVP of Janney Montgomery Scott, and before that position, with Morgan Stanley. Mr. Bell studied economics and
business management at Frostburg State University. Mr. Bell holds multiple business accreditations and securities licenses, including
FINRA Series 7, FINRA Series 55, and FINRA Series 63.