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Precision Optics Corporation (POCI) has issued an update.
Jeffrey L. DiRubio, Senior VP of Sales and Marketing at Precision Optics Corporation, resigned effective June 30, 2024, transitioning to a consultative role for a year with a $110,000 retainer. His employment terms were updated to include a retroactive salary bump, a fixed bonus, and modified severance and stock option conditions. This smooth handover ensures his expertise remains with the company during this transitional phase.
For a thorough assessment of POCI stock, go to TipRanks’ Stock Analysis page.
