The company said its board appointed Ronald Sargent as interim Chief Executive Officer and Chairman of the Board on March 2, 2025, as previously disclosed.

1. 01

   The company said its board appointed Ronald Sargent as interim Chief Executive Officer and Chairman of the Board on March 2, 2025, as previously disclosed.

2. 02

   The company said Sargent will receive an annualized base salary of $4,350,000 for the duration of his service as interim Chief Executive Officer and Chairman of the Board.

3. 03

   The company said it will grant Sargent 60,515 shares of restricted stock, which will vest 1 year after the grant date.

4. 04

   The company said it filed this 8-K under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers), and listed the date of the earliest event reported as March 13, 2025.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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