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An announcement from Eastern Company ( (EML) ) is now available.
On November 4, 2024, The Eastern Company saw a leadership change as Mark A. Hernandez resigned as CEO, with a comprehensive severance package in place. Ryan Schroeder, previously CEO of Plaskolite LLC, was appointed as the new CEO, effective November 6, 2024. Schroeder’s employment terms include a $475,000 base salary and eligibility for performance-based incentives. The transition signals strategic leadership continuity, appealing to investors keen on stable executive management.
Find detailed analytics on EML stock on TipRanks’ Stock Analysis page.