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Local Bounti Corporation (LOCL) has shared an announcement.
Local Bounti Corporation has appointed Kathleen Valiasek as President, elevating her from her role as CFO, while Craig M. Hurlbert remains CEO. Valiasek brings a wealth of experience, having held leadership positions in various companies including Amyris, Inc. and her own firm, Lenox Group. The Board also adjusted executive compensations, reducing Hurlbert’s salary and increasing Valiasek’s, along with awarding her 100,000 restricted stock units. The company has publicly announced these changes and provided further details in a press release.
For an in-depth examination of LOCL stock, go to TipRanks’ Stock Analysis page.