MagneGas Announces Board Reconstitution
MAGNEGAS (MNGA)
Last magnegas earnings: 11/14 08:00 am
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US:NASDAQ Investor Relations:
magnegas.com
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Source: GlobeNewswire
Emphasis on Fully Independent Board of Directors Board-related Expenses Cut by Approximately 50% TAMPA, Fla., June 19, 2018 (GLOBE NEWSWIRE) -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ:MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today a series of comprehensive changes to the Company’s Board of Directors. Luisa Ingardiola, Carla Santilli and Chris Huntington all submitted their notices to resign from the Company. Ms. Ingardiola submitted her formal resignation and left the Board of Directors on June 12, 2018 and both Mr. Huntington and Ms. Santilli have notified the Company of their resignation plans to leave the Board at the end of June. These changes were made in part to fully address shareholder concerns regarding the independence of the Board of Directors. Luisa Ingardiola, who was the Company’s Chief Financial Officer from 2007 to 2016, and Carla Santilli, are direct family relatio
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