leadership
confidence high
sentiment neutral
materiality 0.30
Forward Industries sets CEO interim salary, CFO raise, and director compensation
Forward Industries, Inc.
- Interim CEO Michael Pruitt receives annual base salary of $200,000 effective May 16, 2025.
- CFO Kathleen Weisberg's salary increased from $250,000 to $275,000 effective June 1, 2025.
- Independent directors granted 12,147 stock options at $6.37 with 12-month vesting and 5-year term.
- Annual cash compensation for independent directors: Chair Sangita Shah $100,000, Hyrnkow $70,000, Johnson $40,000.
item 5.02