Douglas Blagdon Resigns From the Board of IDC

Rhea-AI Summary

On December 2, 2021, Douglas Blagdon resigned as a Director of International Dispensing Corporation (ticker: IDND) to pursue other interests. The company will announce his replacement in due course. This change could influence future company strategies and governance.

Positive

• None.

Negative

• Resignation of a Director may cause temporary instability in governance.
• Potential impacts on company strategy due to leadership change.

NEW YORK--(BUSINESS WIRE)-- On December 2, 2021 Douglas Blagdon informed the Board of International Dispensing Corporation (ticker: IDND) that he has resigned as a Director to pursue other interests.

The Board will be announcing his replacement in due course.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005462/en/

Christopher Westwood

212-464-7203

cwestwood@idcinnovation.com

Source: International Dispensing Corporation

FAQ

What was the reason for Douglas Blagdon's resignation from IDND?

Douglas Blagdon resigned to pursue other interests.

When did the resignation of Douglas Blagdon occur?

The resignation occurred on December 2, 2021.

How will IDND fill the vacancy left by Douglas Blagdon?

The Board of IDND will announce his replacement in due course.