Twin Vee PowerCats Co. Elects Two New Board Members

Twin Vee PowerCats Co. (Nasdaq: VEEE), a manufacturer, distributor, and marketer of power‑sport boats, has announced the election of Carol Craig and Larry Swets, Jr. to its Board of Directors, effective December 4, 2025. Craig and Swets join the board following the completion of terms for outgoing directors Marcia Kull and Neil Ross, who both departed the board on the same effective date. According to CEO and President Joseph Visconti, Craig and Swets bring “deep expertise in public markets and vertically integrated manufacturing,” plus strong experience scaling high‑growth tech and financial organizations — qualities he believes will drive strategic capital deployment and operational innovation at Twin Vee. Swets brings more than 25 years in financial services, having led firms such as Saltire Capital, Ltd. and Itasca Financial LLC. A CFA charterholder, he has served on multiple boards and has deep experience in capital structuring and SPAC transactions. Craig, founder and CEO of a space‑ and defense‑technology company, previously became the first female founder to take a space‑based firm public via a Nasdaq IPO. With a strong engineering background and ongoing advanced studies, she said she’s honored to join Twin Vee’s board and intends to leverage her experience in advanced tech and integrated manufacturing to support the company’s growth strategy. The Board and senior leadership expressed sincere gratitude to Kull and Ross for their service. Looking ahead, Craig and Swets’s addition is positioned to help the company advance its mission of delivering high‑quality recreational catamarans under both the Twin Vee and Bahama Boats brands. #TwinVee #BoardOfDirectors #CorporateGovernance #BoatIndustry #SlimScan #GrowthStocks #CANSLIM