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Posted 12 April, 2024

BASANITE, INC. appointed Mr. Ronald LoRicco as new CEO

OTC:BASA appointed new Chief Executive Officer Mr. Ronald LoRicco in a 8-K filed on 12 April, 2024.


  On April 11, 2024, the Board of Directors, through a vote of Unanimous Written Consent appointed Mr. Ronald LoRicco, Sr, 59, to serve as the Acting Interim Chief Executive Officer.  

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Overview of BASANITE, INC.
Business/Consumer Services • Advertising/Marketing/Public Relations
Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. It focuses on its BasaFlex product. The company was founded on May 30, 2006 and is headquartered in Pompano Beach, FL.
Market Cap
$2.88M
View Company Details
BASANITE, INC. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On April 11, 2024, the Board of Directors, through a vote of Unanimous Written Consent appointed Mr. Ronald LoRicco, Sr, 59, to serve as the Acting Interim Chief Executive Officer. Mr. LoRicco, Sr., has served as a member of our Board of Directors since June 2017. He was promoted to Chairman of the Board in December of 2022 and continues to serve in the role. Mr. LoRicco is an attorney practicing in the areas of civil litigation, insurance defense, criminal law, estate planning and administration and workers' compensation. He is also admitted to practice in Florida and United States District Court for the District of Connecticut. Mr. LoRicco is a member of the American, Connecticut, and New Haven Bar Associations, American Trial Lawyers Association and Connecticut Trial Lawyers Association. He attended Fairfield University where he received a Bachelor of Arts degree in 1986. He received a Juris Doctor degree from Quinnipiac College School of Law, formerly known as the University of Bridgeport School of Law, in 1989.