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HEAR - Turtle Beach announces waiver agreement with Donerail Group
Turtle Beach Corporation
2023-06-22 18:01:19 ET
Turtle Beach ( NASDAQ: HEAR ) said on Thursday that its board had entered into a waiver agreement under the May 13, 2022, Cooperation Agreement signed between HEAR's board and The Donerail Group.
Under the waiver, Donerail had elected to waive its right to replace outgoing director Brian Stech.
In conjunction with this announcement, Wyatt, in his capacity as shareholder representative, will be added to the CEO search committee and compensation committee.