Management ChangeJun 9, 2026, 08:56 AM
KULR Technology Appoints New CFO, Independent Director
AI Summary
KULR Technology Group, Inc. announced significant management changes, appointing Dr. Michael Philip Kimel as Chief Financial Officer and Mr. Steven Perez as an independent member of the Board of Directors. Dr. Kimel resigned from the Board to assume the CFO role, receiving a $350,000 base salary and an upcoming equity award. Mr. Perez, with extensive sales and marketing experience, joins the Board and will chair the Audit Committee, receiving $120,000 annually for his services.
Key Highlights
- Dr. Michael Philip Kimel resigned from the Board of Directors and committees to become CFO.
- Dr. Michael Philip Kimel appointed as Chief Financial Officer, with an annual base salary of $350,000.
- Mr. Steven Perez appointed as an independent member of the Board of Directors.
- Mr. Steven Perez appointed Chair of the Audit Committee and Co-Chair of the Nominating and Corporate Governance Committee.
- Mr. Steven Perez to receive annual cash compensation of $120,000 for director services.
Price Impact
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