Brief: Coda Octopus Says CEO Voluntarily Decided To Waive Payment Of More Than One Third Of Her Compensation For Next 3 Months
07/04/2020 15:25
April 7 (Reuters) - Coda Octopus Group Inc CODA.O :
* CODA OCTOPUS GROUP - ON APRIL 6 CEO VOLUNTARILY DECIDED TO
WAIVE
PAYMENT OF MORE THAN ONE THIRD OF HER COMPENSATION FOR NEXT
THREE MONTHS
* CODA OCTOPUS GROUP INC - ALL MEMBERS OF BOARD RESOLVED TO
WAIVE
ALL BOARD FEES FOR NEXT THREE MONTHS
* CODA OCTOPUS GROUP - ACTIONS WERE TAKEN IN ANTICIPATION OF
EXPECTED REDUCTIONS IN PERSONNEL SALARIES THAT MANAGEMENT WILL
SEEK TO CUT COSTS
Source text: (https://bit.ly/2xZuDk0)
Further company coverage: CODA.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Coda Octopus
See all newsCoda Octopus Group's Q2 revenue falls on weaker marine technology segment
Brief: Coda Octopus Group, Inc. Q2 EPS USD 0.15
Coda Octopus Q1 revenue rises 28.8% on marine technology business strength
Brief: Coda Octopus Group, Inc. Q1 Revenue USD 6.7 Million
U.S. RESEARCH ROUNDUP- aTyr pharma, Clear Secure, Neumora Therapeutics