Hall and Lowry resign from TPI Composites board; Goldman and Pohl appointed; Nasdaq audit committee non-compliance
TPI COMPOSITES, INC
- Edward C. Hall and Jennifer Lowry resigned from TPI Composites board on May 8, 2025; no disagreements.
- Neal Goldman and Timothy Pohl appointed as directors same day; Goldman Class II (term 2027), Pohl Class I (term 2026).
- Due to Lowry's resignation, audit committee reduced to two members; company notified Nasdaq of non-compliance with Rule 5605(c)(2)(A) on May 11, 2025; cure period 180 days.
- Letter Agreements: each new director receives $45,000/month, $7,500 per diem limited, plus expense reimbursement.