AstroNova Executive David Smith Retires with Transition Plan

The latest announcement is out from AstroNova (ALOT).

David S. Smith is set to retire from his executive roles at AstroNova, Inc. on July 12, 2024, and transition to part-time consultancy. Under his separation agreement, he will receive continued salary payments for a year, a housing allowance, and vesting of certain restricted stock units. Additionally, Smith’s health coverage will be subsidized post-retirement, and he will be compensated for unused paid time off. This package reflects the company’s efforts to ensure a smooth transition following Smith’s departure.

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