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Enservco Corp (ENSV) just unveiled an announcement.
Enservco Corporation announced a board reshuffle as Steven Weyel stepped down effective immediately and will not seek re-election. The following day, Marc A. Kramer, a seasoned investor and executive in the transportation and logistics industry, was appointed to the board. Kramer brings over 30 years of experience and is compensated with quarterly payments and annual equity grants for his role as an independent director. The company will also enter into an indemnification agreement with Kramer, who has no familial or material ties to other company executives or transactions requiring disclosure. Enservco publicized these director changes and additional corporate updates in a recent press release.
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