Giga-tronics Announces Departure of Co-CEO
GIGA-TRONICS INC (GIGA)
US:NASDAQ Investor Relations:
investor.gigatronics.com
Company Research
Source: GlobeNewswire
DUBLIN, Calif., Dec. 22, 2017 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) announced today the proposed departure of its Co-CEO, Suresh Nair who tendered his letter of resignation from the role of Co-Chief Executive Officer to pursue a new opportunity. Mr. Nair’s resignation will be effective January 5, 2018. The Company’s Board has named John Regazzi CEO; a position he previously held with the Company until August 2016, when the Company’s Executive Chairman, Mr. William Thompson stepped in as Acting CEO to enable Mr. Regazzi to focus on the open technical issues associated with the Company’s Advanced Signal Generator product (ASG). Mr. Thompson stepped down from the Acting CEO role in June of 2017 as his position was temporary and both Mr. Regazzi and Mr. Nair were named Co-CEOs. John Regazzi, the Company's CEO said, "It is with a mix of sadness and gratitude to see Suresh leave the Company. In his short tenure as my Co-CEO, Suresh played a critical role in the deve
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