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FlexShopper ( (FPAY) ) has shared an announcement.
FlexShopper announced changes to its Board of Directors and amendments to an executive employment agreement. Sean Hinze resigned from the board, and Denis Echtchenko, with extensive investment experience, was elected as a new director, potentially enhancing the company’s strategic direction. Moreover, the company amended the employment agreement with CEO H. Russell Heiser Jr., increasing his salary and bonus potential, and awarding restricted stock units, indicating a commitment to retaining and incentivizing top leadership.
More about FlexShopper
YTD Price Performance: -4.19%
Average Trading Volume: 139,737
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $34.34M
For detailed information about FPAY stock, go to TipRanks’ Stock Analysis page.