ABCO Energy Inc. (ABCE)

[GBRO]

News Out........

Departure of Directors or Certain Officers, Election of Director; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.

https://ih.advfn.com/stock-market/USOTC/abco-energy-qb-ABCE/stock-news/80910343/current-report-filing-8-k



On October 7, 2019, Mr. Charles O’Dowd a director of ABCO Energy, Inc. (“Company”) and President and CEO of the Company, resigned from the Company’s Board of Directors and as an officer, effective October 7, 2019. No reasons were given. There were no disagreements between the Company and Mr. O’Dowd that led to his decision to resign. Mr. O’Dowd and the Company are currently negotiating a Separation Agreement containing provisions for potential future consulting services, severance payments and a customary release by Mr. O’Dowd of claims against the Company. The remaining director and Company staff are currently involved in recruitment of a new slate of Officers and Directors for the Company’s ongoing operations.