Management ChangeOct 21, 2026, 04:25 PM
Global Interactive Technologies Appoints Amy Shi Executive Chair
AI Summary
Global Interactive Technologies, Inc. announced the appointment of Amy Shi as Executive Chair of the Board, effective October 15, 2026. Ms. Shi, who has extensive experience in business development and relationship management across various industries, will receive an annual cash compensation of $120,000, with a potential increase to $240,000, and an annual equity compensation of $250,000. She will also receive compensation for past executive services and is entitled to severance benefits under specific termination conditions. An Indemnification Agreement was also entered into.
Key Highlights
- Amy Shi appointed Executive Chair of the Board, effective October 15, 2026.
- Ms. Shi brings over 20 years of experience in business development and relationship management.
- Annual cash compensation of $120,000, with a potential increase to $240,000.
- Annual equity compensation with a reference amount of $250,000.
- Ms. Shi will receive $75,000 for executive services rendered from July 1, 2025 to September 30, 2026.
- Entitled to 12 months of base cash compensation if terminated without Cause or resigns for Good Reason.
Price Impact
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