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| TRTC Makes Changes to Board Shows Company's Commitment to Shareholders |
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 Hot Stock to Watch |
Company: Terra Tech Corp (OTCQX: TRTC)
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Last:
Price: 0.1595
Change (%): - 0.0005 (0.31)
Volume: 846,077 |
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Terra Tech Corp. Announces Changes in Board of Directors
IRVINE, CA-(Marketwired - June 06, 2017) - Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech” or the “Company”), a vertically integrated cannabis-focused agriculture company, today announced Michael Vande Vrede, Steven Vande Vrede, and Amy Almsteier, one of the original co-founders of the Company, have resigned from Terra Tech’s Board of Directors, effective June 1, 2017.
Derek Peterson, Kenneth Vande Vrede, Michael Nahass, Kenneth Krueger and Steven Ross will remain on the Board of Directors. The Company plans to add more independent directors to the Board to enhance its independent oversight by incorporating best practices in corporate governance.
Derek Peterson, CEO of Terra Tech Corp., commented, “I would like to thank Mike, Steven and Amy for their contributions to Terra Tech. They have provided valuable guidance to Terra Tech since it was a fledgling cannabis company and helped to develop the Company into one of the most recognizable names in the industry. We collectively decided this is the right time for them to step down to support the Company’s commitment to best practices in corporate governance, which we believe is paramount to shareholder interests as the Company develops its nationwide presence and positions itself for an up-listing to a major stock exchange when the opportunity presents itself.”
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