Pure Cycle (PCYO) just unveiled an announcement.
Susan Heitmann has been appointed to the Board of Directors, taking over from the retiring Peter Howell, with no disagreements prompting his departure. Recognized as independent by NASDAQ rules, Heitmann joins the Audit Committee as Chair, with no conflicts of interest reported. Her compensation aligns with standard company policy for non-employee directors, and she will be under the same indemnification agreement as her peers. This change in the board was publicly announced via a press release on May 28, 2024.
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