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TOMI Environmental Solutions (TOMZ) just unveiled an update.
Tomi Environmental Solutions, Inc. has taken strategic steps towards cost-cutting and achieving profitability by reducing the compensation of key executives. Dr. Halden Shane and Ms. Elissa J. Shane will see a 30% salary cut, while Mr. Joseph Frank Rzepka Jr.’s annual salary will be decreased by 10%. These changes, effective from June 1 to December 31, 2024, reflect the company’s commitment to financial efficiency and are part of broader efforts to minimize cash requirements.
Learn more about TOMZ stock on TipRanks’ Stock Analysis page.
