SPS Commerce ( (SPSC) ) has issued an update.
On February 25, 2025, SPS Commerce’s Board of Directors expanded from seven to eight members, appointing Razat Gaurav as an independent director effective March 6, 2025. This strategic move comes as James Ramsey, a long-serving board member since 2014, announced his retirement and decision not to seek re-election at the 2025 annual meeting. Gaurav’s appointment and Ramsey’s retirement are part of the company’s ongoing efforts to strengthen its governance and strategic direction.
More about SPS Commerce
SPS Commerce, Inc. operates within the technology industry, focusing on providing cloud-based supply chain management solutions. The company is primarily engaged in offering electronic data interchange (EDI) services to retailers, suppliers, and logistics firms, enhancing their operational efficiency and connectivity.
YTD Price Performance: -24.28%
Average Trading Volume: 249,411
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.23B
Learn more about SPSC stock on TipRanks’ Stock Analysis page.