Leadership & Pay ·
Transglobal Management Group reverts control to Marc Angell after GetGolf defaults on $292,500 payment
TMGITransglobal Management Group, Inc.
Transglobal Management Group, Inc. entered into an Unwind and Settlement Agreement on September 30, 2026, terminating a prior purchase agreement with GetGolf.com, LLC due to GetGolf's uncured payment default of at least $292,500 plus penalties. Control of the company reverted from GetGolf designees Jeff Foster and Kelly Kirchhoff to Marc Angell, who resigned as CEO and Chairman while remaining a director until successor appointments are made. The Company issued 200 newly created Series A Preferred shares to Angell, granting him 80% of voting power and effective control without cash consideration. This transaction restores Angell, the company's former CEO, to leadership roles including Chairman, CEO, and President. Transglobal Management Group operates in the business services industry.