Analyst Summary
- Lee Adrean, Board member and Chair of the Audit Committee, will not seek re-election at the 2025 Shareholder Meeting; his decision was not due to any disagreement with the Company.
- Stephanie Ferris, Chief Executive Officer and President, thanked Lee Adrean for his service and contributions to the Company.
- Nicole Anasenes has been appointed as the new Chair of the Audit Committee, effective immediately; she has served on the Audit Committee since October 2024 and brings 20+ years of financial expertise.
- The Board approved a decrease in the size of the Board from ten to nine directors, effective immediately following the 2025 Shareholder Meeting.