AITX CEO Defers Annual Salary Through February as January Cash Goal Holds
Photo: TokenPost
Artificial Intelligence Technology Solutions, Inc. (AITX) is deferring founder, CEO and CTO Steve Reinharz’s $420,000 annual base salary through Feb. 28, 2027, as the company pursues a January cash milestone. The change took effect with the Oct. 15 payroll, leaving about $35,000 a month in base pay unpaid in cash. Reinharz committed to taking neither salary nor a bonus through that date. By Nov. 3, about $51,000 in salary had already been deferred during the fiscal year. The deferred salary remains a company obligation. Reinharz had also paid more than $100,000 in company expenses that had not been reimbursed.
Source: TokenPost
