XTI Aerospace Refreshes Board and Updates Director Compensation

XTI Aerospace (XTIA) just unveiled an update.

XTI Aerospace, Inc. has announced the appointment of Tensie Axton to its Board of Directors and several key committees, filling the vacancy left by Leonard Oppenheim and helping the company regain Nasdaq compliance for independent director and audit committee requirements. Axton will serve as a Class III director until the 2026 annual meeting and as the Chair of the Nominating and Corporate Governance Committee. Additionally, the company has introduced a new compensation policy for non-employee directors, offering both cash retainers and stock options, ensuring their pay aligns with the company’s commitment to effective corporate governance and shareholder representation.

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