Markforged Holding (MKFG) has provided an announcement.
George Riedel has been appointed to a company’s Board of Directors as a Class II director with a term ending in 2026, following a Nominating and Corporate Governance Committee recommendation. His appointment coincides with an increase in board size to nine directors and is classified as an independent director under New York Stock Exchange rules. Riedel will receive standard non-employee director compensation, including a $50,000 yearly retainer and a $75,000 equity award in restricted stock units vesting over three years. Additionally, he has signed an indemnification agreement similar to those of other directors and has no material interests in any transactions that would require disclosure.
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