Sachem Capital announced that Stuart Lichter will serve as the chairman of the board of its subsidiary IRGT.

At the same time, John Villano will continue to serve as a member of the Board of Directors. This appointment marks an important step for Sachem Capital in strengthening corporate governance and strategic leadership. Stuart Lichter's extensive experience will bring new perspectives and professional insights to the IRGT Board of Directors. John Villano’s continued tenure ensures continuity and stability in the board’s operations. The company stated that this personnel arrangement aims to further optimize the board structure and improve decision-making efficiency to better support the long-term development strategy of Sachem Capital and its related entities.