leadership
confidence high
sentiment positive
materiality 0.50
ONAR appoints Howard Palefsky to Board; board size increased to 3
Onar Holding Corp
- Howard Palefsky appointed to the Board effective June 10, 2025; Board expands from 2 to 3 directors.
- Palefsky previously served as Chairman, President & CEO of Collagen Corporation and as a managing director at Montreux Equity Partners.
- Annual cash compensation of $12,000, paid quarterly, plus initial grant of $20,000 in restricted stock units.
- Palefsky will also receive reimbursement for reasonable out-of-pocket expenses.
item 5.02