Cenntro appoints Steven Markscheid as Class I director, replacing Christopher Thorne

Cenntro Inc.

Christopher Thorne resigned as Class I director effective October 23, 2023.
Steven Markscheid appointed to fill vacancy, effective October 30, 2023.
Markscheid receives annual compensation of $53,000, including committee fees.
Markscheid is independent, financially literate, and an audit committee financial expert under Nasdaq rules.
Markscheid is Managing Principal of Aerion Capital and serves on six other public company boards.

item 5.02 item 9.01

Executive movements

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Departed

Christopher Thorne

Class I Director

CENN · Cenntro Inc.

Effective: 2023-10-23
Successor: Steven Markscheid
Filed: November 1, 2023, 7:59 PM ET

on October 22, 2023, Mr. Christopher Thorne, a class I director of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”), notified the board of directors of the Company (the “Board”) of his intention to resign as a director and as a member of our nominating committee, audit committee and compensation committee , effective on October 23, 2023.

Appointed

Steven Markscheid

Class I Director

CENN · Cenntro Inc.

Effective: 2023-10-30
Filed: November 1, 2023, 7:59 PM ET

on October 30, 2023 the Board appointed Steven Markscheid to the Board to fill the resulting vacancy, effective October 30, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Thorne resigned as Class I Director at Cenntro Inc..

Action: resigned
Role: Class I Director

Exact text from the filing

on October 22, 2023, Mr. Christopher Thorne, a class I director of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”), notified the board of directors of the Company (the “Board”) of his intention to resign as a director and as a member of our nominating committee, audit committee and compensation committee , effective on October 23, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Markscheid was appointed as Class I Director at Cenntro Inc..

Action: appointed
Role: Class I Director

Exact text from the filing

on October 30, 2023 the Board appointed Steven Markscheid to the Board to fill the resulting vacancy, effective October 30, 2023.

View on SEC.gov

Cenntro Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-050832

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