FiEE director David Natan plans to leave the board on September 30, ending his service as Audit Committee chair and member of two other committees. The Nominating and Corporate Governance Committee has begun seeking a successor, while committee changes will follow the appointment, giving investors a defined governance transition to monitor.

Key Highlights

  • David Natan’s departure is not related to any disagreement with FiEE over operations, policies or practices.
  • Natan currently chairs the Audit Committee and serves on the Compensation and Nominating and Corporate Governance committees.
  • FiEE’s Nominating and Corporate Governance Committee has begun searching for a successor director.

FiEE, Inc. (NASDAQ: FIEE) will lose David Natan from its Board of Directors on September 30, when his planned resignation takes effect. His responsibilities include chairing the Audit Committee and serving as a member of the Compensation Committee and the Nominating and Corporate Governance Committee.

FiEE said the resignation is not connected to a disagreement involving its operations, policies or practices. The Nominating and Corporate Governance Committee has started a search for a successor director.

Investor Insights

The company said it will disclose the successor’s appointment and any resulting changes to board committee membership in a later report once those decisions are made. The update was signed on September 11 by Li Wai Chung, FiEE’s chief executive officer and president.