The latest announcement is out from Tucows (TCX).
Tucows Inc. is undergoing a significant transition with the voluntary resignation of CFO Davinder Singh, who is set to leave on August 2, 2024, to explore new professional avenues. His departure is amicable, with no disagreements over company strategies or practices. Stepping into the role on August 5, 2024, is Ivan Ivanov, a seasoned finance executive with a rich background from Verizon and an impressive academic record, including a Master of Accounting and CPA credentials. Ivanov’s compensation includes a $400,000 base salary, potential for a substantial annual bonus, and stock option grants, with specific terms ensuring his vested interest in the company’s success over the coming years. His appointment is part of a clear strategy, free from any conflicts of interest or undisclosed material transactions.
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