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Stock impact report

Flux Power Announces Planned Retirement of Chairman & Chief Executive Officer Ron Dutt [Yahoo! Finance]

Flux Power Holdings, Inc. (FLUX) 
NASDAQ:AMEX Investor Relations: fluxpwr.com/investors
Company Research Source: Yahoo! Finance
VISTA, Calif., November 21, 2024 BUSINESS WIRE Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company's Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, "It has been my honor to serve as Flux's Chairman and CEO over the last 12 years, and I'm extremely proud of the team's many accomplishments. From our early days as a pre-revenue start-up and developing the market-penetrating "lithium-ion battery pack" for the high volume ‘walkie' pallet jack, to becoming a thriving business and recognized provider of innovative energy solutions for the motive lif Show less Read more
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