Grace Reyes resigns from Board, Chris Renn appointed as director

Professional Diversity Network, Inc.

Grace Reyes resigned from Board effective July 28, 2022; not due to any disagreement.
Reyes will serve as Chairwoman of IAW Advisory Board (wholly-owned subsidiary); compensation includes $50k/yr cash, 10% commission on sponsorship sales, and restricted stock grants.
Chris Renn elected to fill vacancy effective July 28, 2022; currently director at Bluestone Capital and SVP of Rennatus.
No arrangement or family relationship between Renn and other directors or executive officers.
Renn's director compensation will be commensurate with other outside directors as per 2022 proxy statement.

item 5.02

Executive movements

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Departed

Grace Reyes

Director

IPDN · Professional Diversity Network, Inc.

Effective: 2022-07-28
Successor: Chris Renn
Filed: July 28, 2022, 7:59 PM ET

On July 25, 2022, Grace Reyes, a member of the Board of Directors (the “Board”) of Professional Diversity Network, Inc. (the “Company”) tendered her resignation as a director of the Company effective on July 28, 2022.

Appointed

Chris Renn

Director

IPDN · Professional Diversity Network, Inc.

Effective: 2022-07-28
Filed: July 28, 2022, 7:59 PM ET

On July 28, 2022, the remaining four directors of the Company elected Chris Renn to fill the vacancy on the Board created by Ms. Reyes’ resignation, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Grace Reyes resigned as Director at Professional Diversity Network, Inc..

Action: resigned
Role: Director

Exact text from the filing

On July 25, 2022, Grace Reyes, a member of the Board of Directors (the “Board”) of Professional Diversity Network, Inc. (the “Company”) tendered her resignation as a director of the Company effective on July 28, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Renn was elected as Director at Professional Diversity Network, Inc..

Action: elected
Role: Director

Exact text from the filing

On July 28, 2022, the remaining four directors of the Company elected Chris Renn to fill the vacancy on the Board created by Ms. Reyes’ resignation, effective immediately.

View on SEC.gov

Professional Diversity Network, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-020532

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