Mict, inc. announces board changes

On november 3, 2019, the board of directors mict, inc. increased the size of the board of directors to five and appointed darren mercer and john mcmillan scott to serve on the board of directors, in part resulting from mr. miki balin’s resignation from the board. mr. scott will serve as a member of the company’s audit committee, compensation committee and corporate governance/nominating committee. mr. mercer, age 56, began his career as an investment banker in the 1980s, holding senior roles in institutional equity sales and corporate brokering at henry cooke lumsden plc and albert e. sharp llc. in 2007, mr. mercer founded bnn technology plc (formerly known as dji holdings incorporated), or bnn, and has served as its chief executive officer since its inception, and as a director of strategic partnerships and business development and executive director since 2017. mr. scott, age 73, began his career as a stockbroker in october 1970 with charlton seal dimmock & co. he became a partner at the same firm in 1982 and subsequently a director of wise speke limited following an merger in 1990. in august 1994, he joined albert e. sharp llp as a director, where he remained until june 2007. in 2007 he joined wh ireland group plc, a financial services company offering private wealth management, wealth planning and corporate broking services, where he oversaw the firm’s private client business in manchester, u.k. until his retirement from his role as an executive director from wh ireland’s board of directors in 2013. mr. scott currently serves as a consultant to wh ireland. on november 3, 2019, miki balin voluntarily resigned from his position as a member of the board. at the time of his resignation, mr. balin was a member of the company’s audit committee, compensation committee and corporate governance/nominating committee. mr. balin did not resign as a result of any disagreement with the company on any matter relating to the company’s operations, policies or practices.
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