Industry | 2016.05.11
Echelon Reports New Employment Inducement Grant for Recently Announced SVP of Sales Schuett
SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), announced that Erich “Rick” Schuett has been granted an inducement grant under NASDAQ listing rules. On April 25, 2016, Echelon announced that Mr. Schuett had joined the company as SVP of Global Sales. Equity Grants As an inducement to Mr. Schuett entering into employment with the company, and in accordance with NASDAQ Listing Ru
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