LTRX - Lantronix Announces the Passing of Chairman of the Board Paul Folino | Benzinga
IRVINE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that Paul Folino, Chairman of the Lantronix Board of Directors, passed away on Saturday, October 14, 2023. Mr. Folino was not standing for re-election to the Board of Directors at Lantronix's 2023 Annual Meeting of Stockholders, being held on Nov. 7, 2023.
"We are deeply saddened by the passing of Paul Folino, who served on the Lantronix Board since 2012," said Jeremy Whitaker, Lantronix CFO and Interim CEO. "During his tenure, Paul's leadership, profound business insight and ability to drive management to deliver measurable results while building consensus helped Lantronix become a major player in the industrial IoT market. Paul was also a key contributor to the substantial growth the Company has experienced during the last several years."
"I have had the privilege of knowing Paul for over thirty years and serving with him for eleven years on the Board of Lantronix," said Mr. Hoshi Printer, a ...