KULR CEO Michael Mo Reduces Cash Salary to Better Align with Shareholder Value Creation
KULRKULR Technology (KULR) Newsfilter·2024-05-23 20:30

SAN DIEGO, May 23, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), global leader in safe and high-performance energy storage solutions, today announced that, in keeping with the Company's recent efforts to reduce its cash consumption, KULR's compensation committee approved a voluntary request by CEO Michael Mo to reduce the cash component of his compensation by 33% and, believing in the future of KULR, to instead grant him an equity incentive grant that does not v ...