Management ChangeJul 7, 2026, 04:27 PM
RenX Enterprises: James Burnham Resigns Board, Appointed Director
AI Summary
James D. Burnham resigned from the Board of Directors of RenX Enterprises Corp. on July 1, 2026. His resignation was not due to any disagreement with the company. Concurrently, Mr. Burnham entered into an employment agreement to serve as the company's Director of Growth & M&A for a one-year term, with an annual base salary of $275,000 and a potential 15% discretionary bonus. His prior consulting agreement was terminated.
Key Highlights
- James D. Burnham resigned from RenX Enterprises Corp.'s Board of Directors, effective July 1, 2026.
- Mr. Burnham was appointed Director of Growth & M&A for a one-year term, effective July 1, 2026.
- His annual base salary for the new role is $275,000.
- He is eligible for a discretionary bonus of up to 15% of his base salary.
- The employment agreement includes six months' severance for a without cause termination.
- His previous consulting agreement with JDB Consulting Services, Inc. was terminated.
Price Impact
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