leadership
confidence high
sentiment neutral
materiality 0.55
Tecogen separates CEO/CFO roles; appoints Roger Deschenes as CFO and Treasurer
TECOGEN INC.
- Dr. Abinand Rangesh resigns as CFO/Treasurer, remains CEO and director.
- Roger Deschenes, current CAO, appointed CFO/Treasurer; base salary raised to $180,000.
- Board grants equity awards: Rangesh $600k, Deschenes $200k, Whiting $200k, Lafaille $200k.
- Rangesh authorized to issue up to $200k in stock options to non-executive employees.
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