SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 19, 2022, Tom Parmakellis, a member of the Board of Directors (the “Board”) of GBS Inc. (the “Company”), resigned as a member of the Board effective as of such date. Mr. Parmakellis was a member of the Board’s Audit Committee, Compensation Committee and Nominating Committee. Mr. Parmakellis’ resignation was not a result of any disagreement with the Company on any matter relating to Company’s operations, policies or practices. In connection with Mr. Parmakellis’ resignation, the Board appointed George Margelis, a current independent member of the Board, to serve on the Audit Committee; and Christopher Towers, a current independent member of the Board, to serve on the Compensation Committee; and Lawrence Fisher, a current independent member of the Board, to serve on the Nominating Committee.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 24, 2022
|By:||/s/ Spiro Sakiris|
|Title:||Chief Financial Officer|