Presto Automation (PRST) has released an update to notify the public and investors about its officers.
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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.
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For a comprehensive understanding of the announcement, you can read the full document here.