Cenntro Electric Group Board Reshuffles Following Resignation

Cenntro Electric Group (CENN) just unveiled an announcement.

Cenntro Inc. announced the recent departure of Stephen Markscheid from its board of directors, effective April 3, 2024. His resignation, which was not due to any disagreements with the company’s operations or accounting practices, left a vacancy on the compensation, audit, and nominating committees. The company swiftly addressed this gap by appointing Dr. Yi Zeng to the audit committee, ensuring the board remains well-equipped to oversee the company’s financial integrity and strategic direction.

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