Ducommun (DCO) has released an update to notify the public and investors about its officers.
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Ducommun Incorporated has appointed David B. Carter as a Class I Director onto its Board, set to serve until the 2025 annual stockholders’ meeting. He will also join the Innovation Committee and receive compensation aligned with other non-employee directors—comprising cash, equity-based retainers, and meeting fees. Additionally, Carter receives a one-time grant of restricted stock units and enters a standard indemnification agreement with the company, safeguarding him in relation to his directorial duties. The company has publicly announced Carter’s appointment and acknowledges the forward-looking nature of statements regarding his expected contributions.
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For a comprehensive understanding of the announcement, you can read the full document here.