Telkonet Announces Board Member Resignation

Rhea-AI Summary

Telkonet, Inc. (TKOI) announced the resignation of Edward L. Helvey from the Board of Directors, effective January 31, 2024. The decision was not due to any disagreement with the company. The company will begin the search for a replacement.

WAUKESHA, WI / ACCESSWIRE / February 2, 2024 / Telkonet, Inc. (OTC PINK:TKOI), (the "Company"), announced today Edward L. Helvey resigned as a member of the Company's Board of Directors (the "Board) effective January 31, 2024. Mr. Helvey's decision to resign from the Board did not result from any disagreement with the Company on any matter relating to its operations, policies, or practices. The Company will commence a search to identify a suitable candidate to fill the Board vacancy.

ABOUT TELKONET

Telkonet Inc. is a U.S. company headquartered in Waukesha, WI. An IoT innovator focused on smart automation and energy management, Telkonet enables guests (occupants) to intelligently control energy use based on their preferences, reducing energy consumption, and improving facility management capabilities. In 2022, VDA Group S.p.A. became the Company's majority shareholder. VDA Group S.p.A. is an Italian corporation with 40 years of experience in Guest Room Management Services (GRMS) for the hospitality market with sales companies in the United Kingdom, Middle East, and Asia Pacific operating in more than 50 countries.

Media Contacts:

Telkonet Investor Relations
414.721.7988
ir@telkonet.com

Barbara Alvino, Communication Manager
0039 3467820693
balvino@telkonet.com

SOURCE: Telkonet, Inc.

View the original press release on accesswire.com

FAQ

Why did Edward L. Helvey resign from Telkonet, Inc. (TKOI) Board of Directors?

Edward L. Helvey resigned from the Board of Directors, effective January 31, 2024. The decision was not due to any disagreement with the company on any matter relating to its operations, policies, or practices.

When did Edward L. Helvey resign from Telkonet, Inc. (TKOI) Board of Directors?

Edward L. Helvey resigned from the Board of Directors, effective January 31, 2024.

Will there be a replacement for Edward L. Helvey on Telkonet, Inc. (TKOI) Board of Directors?

The company will commence a search to identify a suitable candidate to fill the Board vacancy.

What is the ticker symbol for Telkonet, Inc.?

The ticker symbol for Telkonet, Inc. is TKOI.