Selectis Health Inc.
10/01/2024 | Press release | Distributed by Public on 10/01/2024 14:56
Management Change/Compensation Form 8 K
| ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
Effective October 1, 2024, the Board of Directors of Selectis Health, Inc. (the "Company"), approved of a salary increase for the Chief Executive Officer, Adam Desmond from $150,000 to $250,000 per annum, payable weekly. Upon effectiveness of the salary increase Mr. Desmond has agreed to forgo the Company's Board Compensation stipend of $7,500 quarterly.