Proto Corp. to Partially Return Executive Pay

Tip Ranks
2024.12.20 04:52
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Proto Corp. (JP:4298) has announced a partial return of executive pay following an investigation into company practices. Key directors, including the Chairman and President, will temporarily reduce their salaries to address shareholder concerns and maintain accountability. This decision reflects the company's commitment to transparency and responsibility.

Proto Corp. (JP:4298) has released an update.

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Proto Corp. has announced a partial return of executive remuneration following an investigation into company practices, with key directors, including the Chairman and President, agreeing to a temporary reduction in their salaries. This decision reflects the company’s commitment to addressing shareholder concerns and maintaining accountability.

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