ClearSign Technologies board loses two directors in realignment

ClearSign Technologies Corporation (NASDAQ: CLIR) announced that two directors resigned from its board effective August 4. Judith S. Schrecker and Catharine M. de Lacy voluntarily stepped down, reducing the board from six to five members.

The company stated the resignations occurred as part of a board realignment to support its next phase of growth. Chief Executive Officer Jim Deller said the company intends to fill the vacancy in the coming months as it enters what he described as a new phase of commercialization.

"We are grateful to Judy and Catharine for their valuable contributions and thoughtful service during an important chapter of ClearSign's development," Deller said in a statement.

ClearSign develops combustion and sensing technologies designed to reduce emissions and increase efficiency for industrial operators. The Tulsa-based company's products include ClearSign Core and ClearSign Eye technologies that are embedded in original equipment manufacturer products across energy, chemical, petrochemical and power industry applications.

The company said it will use this opportunity to realign its board to provide support for ongoing commercialization and growth objectives. No timeline was provided for when new directors might be appointed to fill the positions.

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