Presto Automation (PRST) has released an update to notify the public and investors about its officers.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
On January 28, 2024, Presto Automation Inc. expanded its Board of Directors from seven to eight members and appointed Matthew MacDonald as a new director, set to serve until the 2024 annual stockholders meeting. With a background in real estate finance and hospitality, MacDonald brings experience from roles at Erithmitic Inc, Cottage Avenue, Great Canadian Heli-Skiing, Ventoux Acquisition Holdings, and Hyatt Hotels Corporation. His qualifications for the board include his expertise in merger transactions within relevant industries. MacDonald will receive the same compensation as other non-employee directors, with no known conflicts of interest disclosed.
For further insights into PRST corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
