CODA Elects Plumb to Board of Directors

Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a leader in real-time 3D sonar technology and real-time subsea intelligence, announced the election of J. Charles Plumb, Captain, USNR (Ret.) to its Board of Directors. Captain Plumb was elected at the company’s annual meeting of stockholders.

Captain J. Charles Plumb is a retired U.S. Navy fighter pilot and former Vietnam Prisoner of War. He retired from the United States Navy after 28 years of service, and his military honors include two Purple Hearts, the Legion of Merit, the Silver Star, the Bronze Star, and the P.O.W. Medal. 

Since his retirement, Captain Plumb has been a motivational speaker, consultant, and executive coach. His clients include the U.S. Navy, NASA, General Motors, FedEx, Hilton, Aflac, and BMW.

During Captain Plumb’s tour in Vietnam, five days before the end of his tour on his 75th combat mission, he was shot down over Hanoi, taken prisoner and tortured. During his nearly six years as a prisoner of war, he distinguished himself as a pro in underground communications. He was a great inspiration to all the other POWs and served as chaplain for two years. Following his repatriation, Captain Plumb continued his Navy flying career in Reserve Squadrons where he flew A-4 Sky Hawks, A-7 Corsairs, and FA-18 Hornets. His last two commands as a Naval Reservist were on the Aircraft Carrier Corral Sea and at a Fighter Air Wing in California. In addition to his motivational speaking engagements since his retirement, Captain Plumb was founder and CEO of two Southern California-based companies, Globemaster Travel Inc. and Inform Inc. Since 2010, he has been a member of the Board of Directors of the Lightspeed Aviation Foundation. He also serves on the advisory board of Red Six Aerospace Inc., an augmented reality air combat training systems company. Captain Plumb earned a B.S. in electrical engineering from the U.S. Naval Academy at Annapolis.

As a result of his appointment to the Board, Captain Plumb will receive compensation of a quarterly fee of $10,000. In addition, he was awarded 6,424 shares of common stock of the Company, which will vest on the first anniversary of his election.