OraSure Technologies Appoints New Independent Director

The latest update is out from Orasure Technologies ( (OSUR) ).

OraSure Technologies, Inc. has expanded its Board of Directors from six to seven members, appointing John P. Kenny as the new director, effective September 6, 2024. Kenny, who is considered independent under Nasdaq rules and the Securities and Exchange Act, will join the Nominating and Corporate Governance Committee and will hold an initial term until the 2025 Annual Meeting of Stockholders. He will receive a mix of cash and stock-based compensation, including $100,000 in restricted shares that vest over two years, with provisions for accelerated vesting in certain circumstances.

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