Management ChangeJun 17, 2026, 04:52 PM
CitroTech Appoints Michael Feigin to Board; Two Directors Resign
AI Summary
CitroTech Inc. announced the resignations of Theodore Ralston and Jeffery Pomerantz from its board of directors, effective June 12, 2026. Their departures were not related to any disputes with management or the Board. On June 17, 2026, the company appointed Michael Feigin to fill one of the two vacancies. Mr. Feigin brings over 35 years of leadership experience in the construction and real estate industries, including roles as President and CEO of JLA Consulting Group and Executive Vice President at AvalonBay Communities. He will join the audit and compensation committees and chair the nominating committee, while the search for the second vacant position continues.
Key Highlights
- Theodore Ralston resigned from CitroTech's board of directors on June 12, 2026.
- Jeffery Pomerantz also resigned from CitroTech's board of directors on June 12, 2026.
- Neither resignation was due to a dispute with management or the Board.
- Michael Feigin was appointed to the Board on June 17, 2026, filling one vacancy.
- Mr. Feigin brings over 35 years of leadership experience in construction and real estate industries.
- He will serve on the audit and compensation committees and chair the Nominating Committee.
- The Nominating Committee has initiated a search to fill the remaining vacant Board position.
Price Impact
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