Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors
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Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) has announced the appointment of Ibrahim Jaham Al Kuwari to its Board of Directors, effective January 6, 2025. Concurrently, Independent Director Cynthia Boiter will resign on May 1, 2025, and Chairman Jerome Walker will not seek re-election in 2025.
January 06, 2025 | 8:15 pm
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Perma-Pipe International Holdings appoints Ibrahim Jaham Al Kuwari to its Board, while Cynthia Boiter resigns and Chairman Jerome Walker will not seek re-election.
The appointment of a new board member and the resignation of another, along with the Chairman not seeking re-election, indicates significant changes in the company's governance. However, these changes are not immediate and are scheduled for 2025, which may not have a significant short-term impact on the stock price.
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