The latest announcement is out from Mobileye Global, Inc. Class A (MBLY).
Mobileye Global Inc. has announced the appointment of Elaine L. Chao to its Board of Directors, effective June 7, 2024. Recognized as an independent director, Chao will receive a compensation package including $200,000 in restricted stock units vesting over a year and a $60,000 annual retainer. Her specific committee roles within the Board are yet to be determined, and she has no familial ties or material interests that would present a conflict of interest.
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