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Myomo Announces Upcoming Changes to its Board of Directors

Key Takeaway: Myomo, Inc. has announced that directors Amy Knapp and Yitzchak Jacobovitz will not seek re-election as Class II directors. Their terms will end at the company's 2025 Annual Meeting, scheduled for June 2025. This change reflects the company's ongoing evolution in governance.
Price reaction · baseline $4.68 (2025-04-09 close) · hit pre-market · clean, no other MYO news in the window
day 0 close · peak
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Market Sentiment Analysis

POSITIVE FACTORS

  • Myomo is making proactive changes to its board of directors.
  • The company has experienced stable leadership with long-serving members.
  • The upcoming Annual Meeting indicates ongoing corporate governance.

Full Press Release Details

BURLINGTON, Mass. (April 10, 2025) – Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced that directors Amy Knapp and Yitzchak Jacobovitz have informed the board they will not stand for re-election as Class II directors. Ms. Knapp has been a director since July 2016 and Mr. Jacobovitz has served on Myomo’s board since January 2023. Their terms will conclude as of the Company’s 2025 Annual Meeting expected to be held in June 2025. Read more.

Frequently Asked Questions

Who are the directors stepping down from Myomo's board?

Amy Knapp and Yitzchak Jacobovitz will not stand for re-election.

When will the terms of the departing directors end?

Their terms will conclude at the 2025 Annual Meeting in June.

How long has Amy Knapp served on the board?

Amy Knapp has been a director since July 2016.

When did Yitzchak Jacobovitz join Myomo's board?

Yitzchak Jacobovitz has served on the board since January 2023.

Last updated: Apr 10, 2025