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An update from Alpine 4 Technologies (ALPP) is now available.
Alpine 4 Holdings, Inc. has implemented a significant salary reduction strategy as part of its cost-saving measures, with its top executives, including the CEO and COO, taking cuts up to 33%. This decision follows an earlier 20% salary reduction for the CEO and COO in the previous quarter. Furthermore, non-employee board members have also reduced their fees by nearly half, contributing to overall annual savings of around $1.2 million, which took effect from August 16, 2024. The company’s leadership plans to continue evaluating performance and compensation to make further adjustments as necessary.
See more data about ALPP stock on TipRanks’ Stock Analysis page.