reAlpha Tech Corp. (AIRE) has released an update to notify the public and investors about its officers.
On February 1, 2024, reAlpha Tech Corp. underwent executive reorganization, appointing Michael J. Logozzo as COO and President, and Michael Frenz as CFO, with Frenz receiving a base salary and eligibility for discretionary bonuses and equity awards. Additionally, Jorge Aldecoa transitioned to Chief Product Officer, and amendments to executive employment agreements were made to align compensation, allowing for discretionary bonuses and equity awards based on performance. The base salaries of existing executives were also increased retroactively to January 1, 2024, following a successful public offering.
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For a comprehensive understanding of the announcement, you can read the full document here.
