Franklin Access Appoints Ira Greenstein to Board of Directors

Rhea-AI Summary

Franklin Wireless Corp. (NASDAQ: FKWL) has appointed Ira Greenstein to its Board of Directors, effective February 17, 2025. Greenstein, a Founding Partner of Pierson Ferdinand LLP, brings extensive legal, corporate, and government experience to the board. His previous roles include serving as Deputy Assistant and Strategist during the first Trump Administration and as President of IDT and Genie Energy

Greenstein, who holds degrees from Cornell University and Columbia University School of Law, currently serves on the board of Forafric Global plc., where he is a member of the Audit and Remuneration Committees. He replaces Gary Nelson, who is stepping down to spend more time with family.

Positive

• Addition of board member with extensive legal and corporate governance experience
• New director brings strategic decision-making expertise from diverse leadership roles
• Appointment of director with public company board experience (currently serves on NASDAQ-listed company board)

Negative

• Loss of existing board member Gary Nelson, creating potential continuity challenges

SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ: FKWL) announces the appointment of Ira Greenstein to the Company’s Board of Directors, effective February 17, 2025.

“We are pleased to welcome Ira Greenstein to the Company’s Board of Directors,” said OC Kim, President and CEO of Franklin Wireless. “Ira’s extensive legal, corporate, and government experience brings a new depth of knowledge, critical skills in strategic decision-making and governance to the board.”

Mr. Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm. He previously served as Deputy Assistant and Strategist to the President during the first Trump Administration. Before his government service, he was President of IDT Corporation and Genie Energy Ltd.

Mr. Greenstein holds a Bachelor of Science degree from Cornell University’s School of Industrial and Labor Relations and a Juris Doctor (JD) from Columbia University School of Law. He is currently a member of the board of Forafric Global plc. (NASDAQ: AFRI), where he serves on the Audit and Remuneration Committees.

Mr. Greenstein will be replacing Gary Nelson on the Board as Mr. Nelson has decided to resign from the Board to enjoy more time with his family.

About Franklin Access
Franklin Access (NASDAQ: FKWL) specializes in integrated connectivity solutions powered by 4G LTE and 5G technologies. The company offers mobile device management (MDM), network management solutions (NMS), and innovative wireless products for the digital age. For more information, visit FranklinAccess.com.

Safe Harbor Statement
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Actual results may differ materially from those expressed or implied due to various factors.

For media inquiries, please contact: marketing@franklinaccess.com

FAQ

When did Ira Greenstein join Franklin Wireless (FKWL) Board of Directors?

Ira Greenstein joined Franklin Wireless (FKWL) Board of Directors effective February 17, 2025.

What is Ira Greenstein's current professional role before joining FKWL's board?

Ira Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm.

Which board member did Greenstein replace at Franklin Wireless (FKWL)?

Greenstein replaced Gary Nelson, who resigned from the board to spend more time with his family.

What other public company board does FKWL's new director Greenstein serve on?

Greenstein serves on the board of Forafric Global plc. (NASDAQ: AFRI), where he is on the Audit and Remuneration Committees.

What was Greenstein's role in government service before joining FKWL?

Greenstein served as Deputy Assistant and Strategist to the President during the first Trump Administration.