The company announced that Jim Clemmer has informed the Board of Directors of his intention to retire from the company upon the appointment of a successor, which is anticipated to occur during fiscal 2027. The Board has established a search committee to conduct a comprehensive search, which will be assisted by a leading executive search firm, to identify the company’s next CEO. Until his successor is appointed, Clemmer will continue as President and CEO, leading and overseeing the company’s strategic and financial initiatives with a focus on revenue growth and profitability.
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