tiprankstipranks
Trending News
More News >

Forward Industries Adjusts Executive Compensation Strategies

Story Highlights
  • Forward Industries approved new compensation for its executives and directors.
  • CEO and CFO salaries were adjusted, and directors received stock options and cash compensation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Forward Industries Adjusts Executive Compensation Strategies

Confident Investing Starts Here:

An announcement from Forward Industries ( (FORD) ) is now available.

On May 30, 2025, Forward Industries‘ Board of Directors approved several compensation changes. Michael Pruitt, the interim CEO, will receive an annual salary of $200,000 starting May 16, 2025, while CFO Kathleen Weisberg’s salary will increase to $275,000 from June 1, 2025. The board also granted stock options to directors and set new cash compensation levels for independent directors, reflecting adjustments in executive and director compensation strategies.

Spark’s Take on FORD Stock

According to Spark, TipRanks’ AI Analyst, FORD is a Neutral.

Forward Industries’ stock score is primarily impacted by its weak financial performance, marked by declining revenues, negative margins, and high leverage. While technical indicators show positive momentum, the valuation reflects ongoing losses, creating a mixed outlook. Investors should be cautious, considering the financial difficulties despite current market trends.

To see Spark’s full report on FORD stock, click here.

More about Forward Industries

Average Trading Volume: 39,315

Technical Sentiment Signal: Hold

Current Market Cap: $6.62M

Find detailed analytics on FORD stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App