Forward Industries appoints Robert Wild CEO of IPS subsidiary; Severino moves to part-time

Forward Industries, Inc.

Robert Wild appointed CEO of subsidiary Intelligent Product Solutions (IPS) effective January 1, 2025.
Wild previously served as COO of IPS.
Paul Severino remains President of IPS but shifts to part-time role with salary reduced to $170,000/year.
No related party transactions between the company and Wild reportable under Item 404(a).

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