Algorhythm Holdings Announces Changes to Board of Directors
Algorhythm Holdings, Inc. (RIME)
Company Research
Source: GlobeNewswire
Executive Chairman and Two Other Directors Voluntarily Resign Fort Lauderdale, FL, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its Executive Chairman, Milton “Todd” Ault, as well as James M. Turner and Kenneth Cragun, tendered their resignations from the Board, effective September 5, 2024. The resignations were voluntary, as Messrs. Ault, Turner and Cragun expressed a desire to dedicate more of their time and resources to other professional commitments. “We appreciate all three directors’ efforts and insights over the past two years,” commented Gary Atkinson, CEO of Algorhythm. “We acknowledge Todd’s efforts as Executive Chairman, where he helped identify various forms of growth capital, made important introductions, and proposed to the Board several ways to create stockholder value. With their resignations, Todd, James and Ken reiterated that t
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