Basanite Inc. Announces Major Management Changes with Board and Executive Resignations

Reuters

Sep 02, 2025

<a href="https://laohu8.com/S/BASA">Basanite Inc.</a> Announces Major Management Changes with Board and Executive Resignations

Basanite Industries, Inc. has announced changes in its management team. Between August 13th and August 15th, 2025, directors Andrew Acquarulo, Jr., Paul Sallarulo, Sergio Salani, and Fred Tingberg resigned from the Board of Directors. Additionally, Jacqueline Placeres and Fred Tingberg stepped down from their positions as Chief Financial Officer and Chief Technology Officer, respectively. The Board now includes Manuel Rodriguez, Adam Falkoff, and Ronald LoRicco, with Mr. LoRicco serving as the interim acting Chief Executive Officer and interim acting Chief Financial Officer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Basanite Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN63297) on September 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Major Management Changes with Board and Executive Resignations","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/BASA\">Basanite Inc.</a> Announces Major Management Changes with Board and Executive Resignations\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Basanite Industries, Inc. has announced changes in its management team. Between August 13th and August 15th, 2025, directors Andrew Acquarulo, Jr., Paul Sallarulo, Sergio Salani, and Fred Tingberg resigned from the Board of Directors. Additionally, Jacqueline Placeres and Fred Tingberg stepped down from their positions as Chief Financial Officer and Chief Technology Officer, respectively. 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