SPAR Group Inc. has announced changes in its board of directors. Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos have been nominated for election as directors, filling two vacant seats on the board. Mr. James R. Brown, Sr., the brother of Mr. Robert G. Brown, a significant stockholder and one of the founders of SPAR, previously served on the board until January 2022. Mr. Panagiotis Lazaretos also rejoins the board, having first joined in December 2019 and retired in January 2022. Both appointments are in accordance with the Change of Control, Voting and Restricted Stock Agreement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.