$DFCO Dalrada Corporation Streamlines Board of Dir
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https://www.businesswire.com/news/home/20230511005324/en/
SAN DIEGO--(BUSINESS WIRE)--Dalrada Corporation (OTCQB: DFCO, “Dalrada”), a U.S.-based company with global operations focused on developing and delivering transformative innovations in clean energy services, high precision manufacturing, advanced technology, and reimagined healthcare, announced that it is streamlining its Board of Directors to reflect the company’s strategic U.S. and global expansion. DFCO operates a global group of subsidiaries and affiliates throughout the U.S., Scotland, and India, and is centrally-managed from its headquarters in Escondido, California.
“Over the last several years, we have established a large Board of Directors consisting of members that have guided the company in its efforts to become a global leader in the green energy, manufacturing, technology, precision parts, and healthcare sectors,” according to Brian Bonar, Chairman and CEO of Dalrada.
Bonar continued, “After discussing our upcoming fiscal year 2024 strategies with board members, we decided it would be in the company’s interest to restructure the Board of Directors. The revised board structure will meet the requirements of having several independent directors as well as focus on expansion to meet the requirements of a possible future uplisting. It will also increase the Board’s responsiveness to business decisions as we further expand our business, increase revenue, and achieve profitability. We thank our outgoing members for their service and support of our company; we could not have done it without them.”