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Polar Power (POLA) has issued an announcement.
Polar Power, Inc. has announced the resignation of Board member Peter Gross and the subsequent appointment of Michael G. Field as his replacement, effective July 25, 2024. Field, who has a robust background as the President and CEO of The Raymond Corporation, brings a wealth of experience to the Board. Recognized as an independent director under Nasdaq and SEC rules, Field will also chair several key committees. His compensation includes a $30,000 annual fee, with a flexible option in the first year to receive either cash or shares of the company’s stock.
For detailed information about POLA stock, go to TipRanks’ Stock Analysis page.