NextPlat Appoints Rodney Barreto as Chairman of the Board and David Phipps as Chief Executive Officer to Lead Ongoing Business Refocusing Efforts
1. NextPlat names Rodney Barreto Chairman and David Phipps CEO. 2. Company focuses on cost-cutting and operational improvements for growth. 3. New healthcare contracts secured, expanding high-margin services. 4. Headquarters consolidation to reduce annual expenses by $240,000. 5. Share repurchase program initiated in Q3 2025.