Board members retiring
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
No passage mentions Frank Rees, Jack Kemper, Ken Wood or Senator Larry Pressler retiring from the Board.
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Frank Rees, Jack Kemper, Ken Wood, and Senator Larry Pressler are retiring from the Board
Source (primary)
Applied Digital DEF 14A filed 2007-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “I especially wish to thank my colleagues Frank Rees, Jack Kemper, Ken Wood and Senator Larry Pressler who are joining me in retiring from the Board.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The letter names all four as retiring from the Board. The proxy separately confirms that none of them was renominated.
Confirmed in the source:
- Kovnat's letter states that Frank Rees, Jack Kemper, Ken Wood and Senator Larry Pressler are joining him in retiring from the Flight Safety Technologies Board
- The Nominating and Governance Committee did not nominate Rees, Pressler, Wood or Kemper for reelection when the Board was reduced to five members
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487907000026/flst_proxydef-2007.htm) in full (116,481 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital DEF 14A filed 2007-09-25
Quote: “I especially wish to thank my colleagues Frank Rees, Jack Kemper, Ken Wood and Senator Larry Pressler who are joining me in retiring from the Board.”