CANADA: SmarTire announces resignation of Kozak as director
SmarTire Systems Inc. has announced that President and CEO Al Kozak has voluntarily resigned as a director to increase the independence of the board. The resignation has no impact on the duties of Kozak as President and CEO.
SmarTire Systems Inc. has announced that President and CEO Al Kozak has voluntarily resigned as a director to increase the independence of the board. The resignation has no impact on the duties of Kozak as President and CEO.
Robert Rudman, non-executive chairman of SmarTire’s board, said, “Our objective is to move toward the creation of a totally non-executive, independent board in keeping with the spirit of Sarbanes-Oxley. We are now at a stage to expand the depth and experience of the board of directors.”
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