January 11, 2022, Energy Focus, Inc. announced that its Board of Directors had appointed Stephen Socolof, the company's Lead Independent Director, to serve as Interim Chief Executive Officer, replacing James Tu, the former Chief Executive Officer of the Company. In connection with Mr. Tu's separation from the Company as its Chief Executive Officer, on February 11, 2022, Mr. Tu and the Company entered into a Separation Agreement and Release, which provides for the continued payment of Mr. Tu's salary at the rate then in effect for a period of six months following his separation date and six months of continued benefits. Pursuant to the Separation Agreement, Mr. Tu has agreed to step down as a member of the Board of Directors, effective February 11, 2022.
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5-day change | 1st Jan Change | ||
1.67 USD | +3.39% | +5.03% | +10.60% |
Mar. 30 | Energy Focus, Inc. cancelled the transaction announced on March 28, 2023 | CI |
Mar. 28 | North American Morning Briefing : Stocks Set for -2- | DJ |
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+10.60% | 7.89M | |
+29.24% | 8.07B | |
+16.11% | 2.06B | |
+13.33% | 1.22B | |
-0.13% | 572M | |
-44.49% | 485M | |
+12.86% | 447M | |
-26.57% | 396M | |
+13.48% | 392M | |
-30.73% | 369M |
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