Fisker Board Changes and Strategic Alternatives Exploration

Fisker (FSRN) has issued an announcement.

William R. McDermott stepped down from Fisker Inc.’s board and Audit Committee for governance reasons related to his employer’s request to lessen his external board commitments. Following his departure, John S. Dubel was appointed as a Class II director and Audit Committee member, with a term expiring in 2025. His compensation aligns with the Independent Director Agreement, which includes a $35,000 monthly fee and coverage for reasonable expenses. Meanwhile, Fisker Inc. is exploring strategic alternatives, such as restructuring and potential sales of assets, and has withdrawn its financial and operational guidance for 2024 amid these considerations.

Find detailed analytics on FSRN stock on TipRanks’ Stock Analysis page.