ARC Group, Inc. announced that the company's Board of Directors appointed Seenu G. Kasturi to serve as President and CFO, and as the Chairman of the Board of Directors, effective immediately. Kasturi replaces Daniel Slone as CFO, a position Slone has held since 2013. Kasturi will oversee ARC Group's accounting and finance operations, and will assume responsibility for the company's financial reporting, mergers and acquisitions, capital raising, investor relations, financial planning, and business development.

He will also contribute significantly to the continued evolution and execution of the company's corporate strategy. Kasturi has served as the President and CEO of Blue Victory Holdings, Inc. since 2009. He has also served as the President and CEO of DWG Acquisitions, LLC, since 2013.