Karl isn't going anywhere. He will be an Executive Director, which means a paid employee as well as Director. Interesting they didn't mention any change in comp. He is no longer CEO, that is all.
"Co-founder and CEO Karl Redenbach will support Mr Vander and will remain with the business
as an Executive Director, focussed on strategic initiatives and growth particularly building the
My Net Zero pipeline and Reach Marketplace revenue streams"
Ann: LiveTiles appoints David Vander as Chief Executive Officer, page-8
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