Company: DSNY
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001062993-25-016994
Chunk: 309

Company: DESTINY MEDIA TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: 10-K
Item: Item 8
Chunk 309
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 2025, succeeding Mrs. Massalitina. Ms. Mendesh brings over 15 years of financial leadership experience across multiple industries. Most recently, she served as Director of Finance at Corza Medical Inc., a global medical device company, where she spearheaded several initiatives including the integration of acquired entities and enhanced functional reporting across jurisdictions, contributing to operational efficiencies, cost savings, and scalable growth. Prior to joining Corza Medical, she held senior finance role at Atlas Corp. (NYSE: ATCO), served as a Director of Operations at Sunesis Consulting accounting firm, and earlier in her career was an Audit Manager with PwC. Ms. Mendesh holds a Master of Science in Accounting and Finance degree from Alliance Manchester Business School.

CORPORATE GOVERNANCE

The Company promotes accountability for adherence to honest and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable disclosure in reports and documents that the Company files with the SEC and in other public communications made by the Company; and strives to be compliant with applicable governmental laws, rules and regulations.

ELECTION OF DIRECTORS AND OFFICERS

Our Board has the responsibility for selecting the appropriate leadership structure for the Company. In making leadership structure determinations, the Board considers many factors, including the specific needs of the business and what is in the best interests of the Company's stockholders. Currently, Mr. Hyonmyong Cho serves as Chairman of the Board. The Board believes that its programs for overseeing risk, as described below, would be effective under a variety of leadership frameworks and therefore do not materially affect its choice of structure.

The Board of Directors is led by the Chairman. The Company has five directors, and its Chief Executive Officer and Chief Financial Officer report to the Board of Directors. Our structure provides the Company with multiple leaders who represent the Company to our stockholders, regulators, business partners and other stakeholders, among other reasons set forth below.

                This structure creates efficiency in the preparation of the meeting agendas and related Board materials as the Company's Chief Executive Officer works directly with those individuals preparing the necessary Board materials and is more connected to the overall daily operations of the Company. Agendas are also prepared with the permitted input of the full Board of Directors allowing for any concerns or risks of any individual director to be discussed as deemed appropriate. The Board believes that the Company has benefited from this structure and is in the best interest of the stockholders.
                The Company believes this structure allows for efficient and effective oversight, given the Company's relatively small size, its