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micromobility.com (MCOM) has provided an update.
Micromobility.com Inc. has made a bold move, with its compensation committee agreeing to adjust the annual salaries of CEO Salvatore Palella and CFO Gian Luca Spriano to just $1.00 from April 1, 2024. This decision, supported by the board of directors, leaves all other terms of their employment agreements unchanged. This intriguing strategy is sure to capture the attention of market watchers and investors alike.
For a thorough assessment of MCOM stock, go to TipRanks’ Stock Analysis page.