Forward Industries, Inc. (FORD) 8-K Summary
Filed October 27, 2025, reporting key management and compensation changes:
- CEO Employment: Interim CEO Michael Pruitt formalized a six-month employment agreement (effective Sept 10, 2025) with a base salary of $30,000 per month.
- Director Compensation: FY2026 non-executive director pay set at $100,000 per annum. Chairman Kyle Samani is exempt from this compensation.
- Board Governance: New committee leadership appointed:
- Sangita Shah is the new Compensation Committee Chairperson.
- **Keith Johnso