Loop Industries (LOOP) names Spencer Hart to board

Loop Industries, Inc. (NASDAQ: LOOP) announced on Monday the appointment of investment banker Mr. Spencer Hart to its board of directors. Mr. Hart brings over three decades of experience in capital markets and mergers and acquisitions from his tenure at prominent Wall Street firms.

The company, based in Terrebonne, Quebec, Canada, stated that Mr. Hart's compensation aligns with its Fifth Amended and Restated Outside Director Compensation Policy. This policy was detailed in the proxy statement for the 2024 annual meeting of stockholders, filed on May 29, 2024.

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