Management ChangeMay 12, 2026, 02:56 PM
Panamera Holdings CEO Jennings Steps Down; Proler Exits President Role
AI Summary
Panamera Holdings Corporation announced significant leadership changes effective April 30, 2026. T. Benjamin Jennings stepped down as Chief Executive Officer but will continue as Non-Executive Chairman of the Board, a move deemed essential for the strategic combination with Rain Cage Carbon, Inc. Additionally, Cristopher Proler ceased serving as President and Board Member. The Board of Directors will temporarily cover these roles while seeking new candidates to execute the company's vision.
Key Highlights
- T. Benjamin Jennings stepped down as Chief Executive Officer, effective April 30, 2026.
- Mr. Jennings will continue to serve as Non-Executive Chairman of the Board.
- Cristopher Proler ceased serving as President and Board Member, effective April 30, 2026.
- These changes are essential for the strategic combination with Rain Cage Carbon, Inc.
- The Board of Directors will temporarily cover the vacant CEO and President positions.
- The company is actively searching for new candidates to provide and execute a new vision.