Board reshuffle at Infobird (NASDAQ: IFBD) as director exits, CEO gains roles
Rhea-AI Filing Summary
Infobird Co., Ltd reported changes to its board and board committees. On August 28, 2025, independent director Mr. Shaoyang E resigned from the board, the audit committee, the compensation committee, and as chair of the nomination and governance committee for personal reasons, effective the same day. The company states that his resignation was not due to any disagreement with the company on any matter.
On the same date, Mr. Xiangyang Wen, the Company’s Chief Executive Officer, Chairman of the Board, and Director, was appointed chair of the nomination and governance committee and a member of the compensation committee, consolidating additional committee responsibilities under existing leadership.
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FAQ
What board change did Infobird (IFBD) disclose in this 6-K?
Infobird disclosed that independent director Mr. Shaoyang E resigned from the board and its audit, compensation, and nomination and governance committees effective August 28, 2025.
Why did Mr. Shaoyang E resign from Infobird (IFBD)?
The company states that Mr. E resigned for personal reasons and that his resignation was not the result of any disagreement with the company on any matter.
Who took over the nomination and governance committee at Infobird (IFBD)?
On August 28, 2025, Mr. Xiangyang Wen, Infobird’s Chief Executive Officer, Chairman of the Board, and Director, was appointed chair of the nomination and governance committee.
Did Infobird’s CEO receive additional committee roles?
Yes. On August 28, 2025, Mr. Xiangyang Wen was appointed both chair of the nomination and governance committee and a member of the compensation committee.
Does Infobird indicate any disagreement behind the director’s resignation?
No. Infobird states that Mr. E’s resignation was not due to any disagreement with the company on any matter.
What type of SEC filing did Infobird (IFBD) use for this update?
Infobird used a Form 6-K, which is a report of a foreign private issuer under the Securities Exchange Act of 1934.