other material
confidence high
sentiment neutral
materiality 0.40
Forward Industries CEO Terence Wise takes 25% salary cut for fiscal 2025
Forward Industries, Inc.
- CEO base salary reduced from $337,000 to $252,750, effective October 1, 2024.
- Reduction is part of ongoing expense-reduction efforts at the company.
- Agreed on October 17, 2024; covers entirety of fiscal year 2025.