Pro-Dex, Inc. has announced an increase in the base salary of its Chief Financial Officer, Alisha K. Charlton, from $247,200 to $257,000 per year. This adjustment will take effect with the company's next bi-weekly pay period, following approval from the Compensation Committee of the Board of Directors. Apart from this salary increase, Ms. Charlton's employment status remains unchanged, continuing on an at-will basis under previously disclosed terms. This decision reflects the company's commitment to retaining key leadership talent and ensuring competitive compensation in the current market environment. The increase in salary is expected to have a small positive effect on the company's stock price as it demonstrates Pro-Dex's focus on maintaining strong leadership and operational execution. The company, incorporated in Colorado, is publicly traded on the NASDAQ under the symbol PDEX, and continues to navigate its strategic objectives in the medical device industry.
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