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Sg Blocks ( (SGBX) ) has shared an announcement.
Safe & Green Holdings Corp has appointed Michael McLaren as its new CEO, effective January 3, 2025, with an employment agreement for an initial term of two years. McLaren, who brings over 30 years of experience in the energy industry and a background in founding startups, will earn a base salary of $250,000, which will increase to $400,000 upon the closing of a capital event. His compensation package includes a signing bonus, long-term incentives, and confidentiality agreements. This appointment aims to leverage McLaren’s extensive expertise in energy and green technologies to enhance the company’s operations and market positioning.
More about Sg Blocks
Safe & Green Holdings Corp operates in the energy industry, focusing on innovative energy solutions, manufacturing systems, and green technologies. The company is involved in military and energy projects, field services, and mergers and acquisitions.
YTD Price Performance: 10.33%
Average Trading Volume: 3,274,789
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.53M
See more data about SGBX stock on TipRanks’ Stock Analysis page.
