Usio Inc (USIO) has released an update to notify the public and investors about its officers.
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On January 26, 2024, Michael White was appointed as Senior Vice President, Chief Accounting Officer, and principal accounting and financial officer of Usio, Inc., with an effective start date of February 1, 2024, and an annual salary of $180,000. White, who joined the company in September 2020, previously held various roles, including accounting analyst, Assistant Controller, and Vice President, Controller, and before that, worked at EPIcenter. Simultaneously, Houston Frost was promoted to Senior Vice President, Chief Product Officer, with a new salary of $240,000 annually. Additionally, Louis Hoch, the Company’s Chairman, President, and CEO, had his annual salary set at $800,000 by the Compensation Committee. All three will be eligible for the Company’s equity incentive programs, annual bonus plans, and standard employment benefits.
For further insights into USIO corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
