Focus Universal reduces board from 7 to 5; two directors resign, new committee assignments

FOCUS UNIVERSAL INC.

Jennifer Gu resigned as board member effective June 2, 2023, citing no disagreement with the company.
Sheri Lofgren resigned as director, compensation/audit committee member, and audit committee chair, also without disagreement.
Board reduced to five directors; Michael Pope appointed as audit committee chair, financial expert, and compensation committee member.
Carine Clark, existing board member, appointed to audit committee; deemed independent under NASDAQ rules.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Sheri Lofgren

member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee

FCUV · FOCUS UNIVERSAL INC.

Effective: 2023-06-02
Filed: June 2, 2023, 7:59 PM ET

Also on June 2, 2023, Sheri Lofgren notified the Company of her decision to resign as a member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee, effective immediately.

Departed

Jennifer Gu

member of the Board of Directors

FCUV · FOCUS UNIVERSAL INC.

Effective: 2023-06-02
Filed: June 2, 2023, 7:59 PM ET

on June 2, 2023, Jennifer Gu notified Focus Universal Inc. (the “Company”) of her decision to resign as a member of the Board of Directors of the Company (the “Board”), 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

Sheri Lofgren resigned as member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee at FOCUS UNIVERSAL INC..

Action: resigned
Role: member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee

Exact text from the filing

Also on June 2, 2023, Sheri Lofgren notified the Company of her decision to resign as a member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Gu resigned as member of the Board of Directors at FOCUS UNIVERSAL INC..

Action: resigned
Role: member of the Board of Directors

Exact text from the filing

on June 2, 2023, Jennifer Gu notified Focus Universal Inc. (the “Company”) of her decision to resign as a member of the Board of Directors of the Company (the “Board”), effective immediately.

View on SEC.gov

FOCUS UNIVERSAL INC. filing history →

Source: SEC EDGAR

accession 0001683168-23-003853

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