Quality Industrial Corp. has published a shareholder letter for November 2025. The letter outlines recent changes in the company's governance, including the transition from a single-director board to a three-member board consisting of Frederico Figueira de Chaves (Chairman), John-Paul Backwell (Chief Executive Officer), and Carsten Kjems Falk (Interim Chief Financial Officer). The board has implemented measures to reduce executive compensation costs, resulting in estimated annual savings. The letter also discusses ongoing efforts to strengthen governance, improve financial discipline, and explore options to enhance shareholder value and market access. The full letter can be accessed through the link below.
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