
Management ChangeMay 21, 2026, 04:13 PM
KULR Technology Group CFO Shawn Canter Resigns
AI Summary
KULR Technology Group announced that Shawn Canter's employment with its wholly owned subsidiary, KULR Technology Corporation, will terminate, leading to his resignation as Chief Financial Officer of the Company, effective May 22, 2026. The company entered into a Separation Agreement and General Release with Mr. Canter, which includes customary protections and a mutual release of claims. Under the agreement, Mr. Canter will receive accrued salary, unused paid time off, and expense reimbursements, and will be compensated at $300 per hour for cooperation on company matters post-separation.
Key Highlights
- Shawn Canter resigned as CFO of KULR Technology Group, effective May 22, 2026.
- His employment with KULR Technology Corporation, a subsidiary, will terminate.
- A Separation Agreement and General Release was entered into on May 21, 2026.
- Mr. Canter will receive accrued salary, unused paid time off, and expense reimbursements.
- He will be compensated at $300 per hour for post-separation cooperation.
- The agreement includes customary protections and a mutual release of claims.
Price Impact
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