LMP Automotive Holdings, Inc. Announces Board Changes
September 13, 2021 at 09:06 pm
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On September 7, 2021, Robert J. Morris, Jr., Director of LMP Automotive Holdings, Inc. notified the Company that he will resign from the Company’s Board of Directors effective September 9, 2021. Mr. Morris’s resignation is not the result of a dispute or disagreement with the Company and On September 9, 2021, Svetlana Limburger was appointed to the Board, effective immediately. Concurrently with Mr. Morris’s resignation from the Board, the Company appointed Mrs. Limburger to fill the vacancies on each of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board. Mrs. Limburger has over 20 years of experience in finance and accounting. Mrs. Limburger is currently a Senior Financial Systems Analyst of Wilton Reassurance Company, Inc. Mrs. Limburger had also served as a Senior Financial Analyst of ACE TempestRe, LLC.
LMP Automotive Holdings, Inc. is an e-commerce and facilities-based automotive retailer in the United States. The Company offers a range of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Its e-commerce technology and strategy are designed to disrupt the industry by leveraging its selection of owned inventories and physical logistics networks. The Company seeks to provide customers with both online and in person services. Its physical logistics network enables it to provide convenient free delivery points for customers and provide services throughout the entire ownership life cycle. The Company uses digital technologies to lower its customer acquisition costs and achieve operational efficiencies.
LMP AUTOMOTIVE HOLDINGS, INC. 
