Nixxy, Inc. (NASDAQ:NIXX) ("Nixxy" or the "Company"), today announced that on July 2, 2026, the Company’s Board of Directors of Nixxy has appointed current Chairman of the Board, David Kratochvil, to the position of Chief Executive Officer, effective July 2, 2026. Mr. Kratochvil will succeed Mr. Mike Schmidt, who stepped down to pursue other opportunities. To ensure continuity of leadership and seamless execution of the company’s strategic vision, Mr. Kratochvil will maintain his role as Chairman of the Board, assuming the title of Chairman and Chief Executive Officer.

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