tiprankstipranks
Fisker Board Changes and Strategic Alternatives Exploration
Company Announcements

Fisker Board Changes and Strategic Alternatives Exploration

Pick the best stocks and maximize your portfolio:

Fisker (FSRN) has issued an announcement.

William R. McDermott stepped down from Fisker Inc.’s board and Audit Committee for governance reasons related to his employer’s request to lessen his external board commitments. Following his departure, John S. Dubel was appointed as a Class II director and Audit Committee member, with a term expiring in 2025. His compensation aligns with the Independent Director Agreement, which includes a $35,000 monthly fee and coverage for reasonable expenses. Meanwhile, Fisker Inc. is exploring strategic alternatives, such as restructuring and potential sales of assets, and has withdrawn its financial and operational guidance for 2024 amid these considerations.

Find detailed analytics on FSRN stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyThree new option listings and one option delisting on June 20th
TheFlyFisker Group files for Chapter 11 protection
Kailas SalunkheEV Maker Fisker Files for Bankruptcy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App