Saturday 28 May 2022

Nexe provides new updates about on-going governance and corporate changes

Must read

VANCOUVER, BC, Canada – NEXE Innovations Inc., a leader in plant-based materials manufacturing, is pleased to announce that, as part of its on-going initiative to progress its corporate governance practices leading up to its first year anniversary of its TSXV listing, the Board of Directors of NEXE has unanimously appointed Graham Gilley as the Lead Independent Director and formed a Compensation Committee constituted entirely of independent directors with Haytham Hodaly serving as its Chair.

Among other things, the Lead Independent Director will serve as a liaison between the Board and management, review and provide input on Board meeting agendas, preside over any meeting at which the Chair is not present, call meetings of the independent Directors when necessary and appropriate, and apprise the Chair of the issues considered at such meetings.

NEXE is not required under securities laws to adopt these corporate initiatives and is doing so as part of its commitment to adopt best practices across its growing organization.

NEXE is also announcing that the Company accepted Ed Duda’s resignation from his role as Chief Financial Officer of the Company effective January 17, 2022 to pursue opportunities outside of the Company. NEXE wishes Mr. Duda success in his future endeavors.

The Company has initiated a search for a permanent Chief Financial Officer with the requisite capabilities, qualifications and experience to help accelerate Nexe’s growth and the on-going commercialization of its products.

Latest article