An update from Forza X1, Inc. (FRZA) is now available.
Jim Leffew abruptly resigned as CEO of Forza X1, Inc., with no stated disagreements on company operations. Joseph Visconti, with a long history of executive leadership and company development, will serve as Interim CEO, while Dan Norton, a seasoned technical design engineer with over 20 patents, steps in as President. Both executives have robust employment agreements detailing their compensation, performance bonuses, stock options, and post-termination benefits, alongside non-compete and confidentiality clauses, ensuring they are well-aligned with the company’s growth trajectory.
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