Business
Twin Vee PowerCats Co. Announces Election of New Board Directors Carol Craig and Larry Swets, Jr.
FORT PIERCE, FL / ACCESS Newswire / December 5, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and
About this update from Twin Vee Powercats Co.
[{"type":"text","content":"FORT PIERCE, FL / ACCESS Newswire / December 5, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),(\"Twin Vee\" or the \"Company\"), a manufacturer, distributor, and marketer of power sport boats, today announced the election of Carol Craig and Larry Swets, Jr. to its Board of Directors at its 2025 Annual Meeting of Stockholders, effective December 4, 2025. Marcia Kull and Neil Ross have completed their terms and departed the Board effective December 4, 2025.\"We are very pleased to welcome Mr. Swets and Ms. Craig to our Board,\" said Joseph Visconti, CEO and President of Twin Vee PowerCats Co. \"With deep expertise in public markets and vertically integrated manufacturing and a strong track record in scaling high-growth technology and financial organizations, they bring an exceptional understanding of strategic capital deployment and operational innovation. They will be tremendous team members going forward.\"Mr. Swets currently serves as Executive Chairman of Saltire Capital, Ltd., a principal investment firm, a role he has held since 2022. With over 25 years of experience in financial services, he is also the founder and Managing Member of Itasca Financial LLC, an advisory and investment firm providing strategic consulting, capital structuring, and investment oversight to a range of clients and portfolio companies. Mr. Swets brings extensive governance experience, serving on the boards of GreenFirst Forest Products Inc., Harbor Custom Development, Inc., and FG Group Holdings Inc. Additionally, as the Head of Capital Markets for FG Nexus, Inc, and the CEO of FG Merger II Corp., he possesses significant expertise in special-purpose acquisition companies and capital structuring. Mr. Swets earned a Master's Degree in Finance from DePaul University in 1999 and a Bachelor's Degree from Valparaiso University in 1997. He is a member of the Young Presidents' Organization and holds the Chartered Financial Analyst (CFA) designation.\"I'm excited to join Twin Vee's Board,\" Swets stated. \"I believe the Company has a solid portfolio of power catamarans and possesses an established brand in the marine industry. I'm eager to work and collaborate with management and fellow Board members.\"Ms. Craig currently serves as the founder, CEO, and board chair of Sidus Space, a space and defense technology firm that she launched in 2012 with capabilities ...