Innovative Designs, Inc., a Delaware corporation with headquarters in Pittsburgh, Pennsylvania, recently disclosed changes to its Board of Directors and officer appointments in a Form 8-K filed with the Securities and Exchange Commission on January 20, 2025.
During a special meeting held on January 10, 2025, Innovative Designs’ Board of Directors officially elected two new members to the Board and appointed two individuals to key officer positions within the company. Joseph Riccelli Jr. was unanimously elected as a new member of the Board and subsequently appointed as the permanent Chief Executive Officer, effective immediately. Additionally, John Spagnolo was approved as another new Board member, and Donald Garlotta was appointed as the Secretary of the Board of Directors, effective immediately.
The company confirmed these changes through a signed report by Joseph A. Riccelli, the Interim Chief Executive Officer.
It is essential to note that the latest developments within Innovative Designs mark a significant shift in the company’s leadership structure and are expected to impact its strategic direction moving forward.
For further insights and updates, investors and stakeholders can refer to the company’s official communications and filings on the Securities and Exchange Commission’s database.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Innovative Designs’s 8K filing here.
Innovative Designs Company Profile
Innovative Designs, Inc engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry.
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