Mobiquity Technologies Inc. announced that Thomas Arnost is stepping down from Mobiquity's Board of Directors as Executive Chairman effective October 29, 2019. Mr. Arnost spent eight years on Mobiquity’s Board of Directors, ascending to Chairman in 2014. During his tenure, Mr. Arnost guided the Mobiquity team through two successful pivots from legacy businesses, transitioning to one of the fastest growing programmatic advertising and audience data companies. As Chairman, he helped establish new markets, complete the acquisition of Advangelists LLC and oversaw expansion of the corporate leadership team. Mr. Arnost has cited personal reasons for stepping down from his position but will continue to advise and assist on an as needed basis.