Minim, Inc. (MINM) has released an update.
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Minim, Inc. has appointed David Lazar as its new CEO and CFO after Jeremy Hitchcock’s resignation, with a transition period in place. Starting January 1, 2024, Lazar’s base salary is set at $406,000 annually, which will be deferred and accrued. His compensation package also includes eligibility for yearly and special bonuses, subject to the compensation committee’s decisions. The employment contract, set for a three-year duration, outlines the roles and responsibilities typical for a CEO/CFO of a company Minim’s size.
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