AudioEye, Inc. announced that Paul Arena has been appointed Executive Chairman and elected to the Company's board of directors. Mr. Arena succeeds Craig Columbus, one of AudioEye's co-founders, who will continue to serve on the Company's board of directors along with Dr. Carr Bettis, Edward Withrow, III, and AudioEye executives Nathaniel Bradley, Sean Bradley and James Crawford. During the past 30 years, Mr. Arena has served in executive management positions for a number of private and publicly-traded companies and provided corporate finance, syndication and distribution services within the investment banking industry.