Brief: Sypris Solutions CEO To Forgo 30% Of His Base Salary Indefinitely

Sypris Solutions

09/04/2020 21:29

April 9 (Reuters) - Sypris Solutions Inc  SYPR.O :
    * SYPRIS SOLUTIONS INC - PRESIDENT AND CEO TO FORGO 30% OF
HIS
BASE SALARY INDEFINITELY
    * SYPRIS SOLUTIONS INC - OTHER NAMED EXECUTIVE OFFICERS HAVE
ALSO
AGREED TO FOREGO 20% OF THEIR BASE SALARY INDEFINITELY
    * SYPRIS SOLUTIONS - EACH NON-EMPLOYEE DIRECTOR SERVING ON
BOARD
WILL FORGO 100% OF CASH-BASED PORTION OF 2020 ANNUAL RETAINER
INDEFINITELY

Source text: (http://www.sec.gov/Archives/edgar/data/864240/000143774920007419/0001437749-20-007419-index.htm)
Further company coverage:  SYPR.O 

 ((Reuters.Briefs@thomsonreuters.com;))