On October 18, 2023, Frank Porter Stansberry announced that MarketWise, Inc. published a press release announcing a series of leadership changes, including that Frank Porter Stansberry was appointed by the Board of Directors as Chairman of the Board and Chief Executive Officer; a regular dividend and special dividend to shareholders; and an internal review of current operations with the intent to enhance alignment, improve efficiency, and increase cash flow and intrinsic value of the business.