Kingstone Companies (KINS) has provided an announcement.
Mr. Goldstein is set to retire as Executive Chairman of the Board on September 10, 2024, with Mr. Newgarden taking over as the Non-Executive Chairman with an annual compensation of $125,000. The company’s Board of Directors has also approved an amendment detailing the roles of the Chairman and the President. This transition and the corresponding by-law amendment were announced in a press release, emphasizing that the information should not influence investment decisions regarding the company’s securities.
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