KULR appoints new directors

KULR Technology Group announced the appointments of Benjamin Franklin, a director from Microsoft with expertise in AI and enterprise solutions, and Mike Kimel, a pricing and profit optimization specialist, to its Board of Directors. These appointments are part of KULR Technology Group's strategy to streamline its Board to three members, including two majority independent directors, with an ongoing focus on reducing selling, general and administrative (SG&A) expenses in 2026 and driving greater operating efficiency. The company also plans to appoint a Special Advisor to implement a new Operating Discipline Framework, emphasizing pricing discipline, capital allocation, and cost controls. This restructuring aims to enhance KULR Technology Group's commercial, pricing, and operational discipline, aligning with its focus on margin expansion, disciplined growth, and efficient execution, particularly in its core battery platform and key end markets like defense, aerospace, and AI-driven infrastructure.