Neonode Inc. Announces Executive Leadership Transition
Company Announcements

Neonode Inc. Announces Executive Leadership Transition

Neonode Inc. (NEON) has shared an announcement.

Neonode Inc. has announced a significant leadership change with the mutual agreement for Dr. Urban Forssell to step down as President and CEO, effective immediately. Forssell will continue to advise the company until the end of 2024. This transition is part of Neonode’s growth strategy and is not due to any operational disagreements. Fredrik Nihlén, the current CFO, will take over as Interim President and CEO while the company searches for a permanent replacement. Nihlén’s dual roles come with a combined monthly salary, without additional compensation for his interim position.

For an in-depth examination of NEON stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskNeonode Inc. Reports Q3 2024 Financial Results
TheFlyNeonode reports Q3 EPS (7c) vs. (7c) last year
TheFlyBoston Scientific downgraded, Datadog upgraded: Wall Street’s top analyst calls
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App