Nabis Holdings Inc (CSE:NAB) (OTCMKTS:NABIF) announced Monday the appointment of Yoni Ashurov to its board of directors.
Ashurov, founder and CEO of MWR Life, joined the board on November 15, filling the vacancy created by the departure of Liran Kandinov who resigned to focus on other business and personal obligations.
“Liran has been instrumental in Nabis’ growth since our inception,” said CEO Shay Shnet in a statement.
“His professional expertise and enthusiasm for developing our early business strategy and crafting our first agreements and partnerships has been invaluable. The Nabis Team wish him all the best in his future endeavours.”
Nabis said Ashurov is an expert in designing and building scalable business infrastructures to market a diverse line of products and services, resulting in extensive long-term growth and profitability for his companies and stakeholders.
“Yoni brings a fresh business acumen to the board. His impressive qualifications including global international real estate sales and development, energy efficiency technology and financial services will lend a unique perspective to Nabis. We look forward to his diverse background and passion about success,” Shnet added.
The Vancouver-based company also announced that its board has approved the grant of an aggregate of 8,725,000 restricted share units (RSU) under its restricted share unit plan to certain officers, directors and employees.
The RSU’s have been granted as compensation for their services to the company and as an incentive mechanism to foster long-term success. Each RSU carries the right to receive one common share upon vesting; certain RSU recipients have vesting conditions attached to their grant. The issuance of the RSUs are subject to the terms of the plan and all required approvals, including, if applicable, the approval of the CSE.
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