OFLX - Omega Flex Inc. Board and Organizational Changes | Benzinga
EXTON, Pa., Dec. 27, 2023 (GLOBE NEWSWIRE) -- We are pleased to announce that on December 7, 2023, on the recommendation of our Nominating/Governance Committee, effective January 1, 2024, our Board of Directors unanimously elected Edwin B. Moran as a Class 2 Director of Omega Flex, Inc., with a term expiring at the 2025 annual meeting of shareholders, and Dean W. Rivest as a Class 3 Director, with a term expiring at the 2026 annual meeting of shareholders.
In addition, on the recommendation of the Nominating/Governance Committee, our Board unanimously approved the following organizational changes, effective January 1, 2024:
- Kevin R. Hoben will be Executive Chairman of Omega Flex, Inc.
- Dean W. Rivest will replace Mr. Hoben as Chief Executive Officer of Omega Flex, Inc., reporting to Mr. Hoben.
- Edwin B. Moran will replace Mr. Rivest as President of Omega Flex, Inc., also reporting to Mr. Hoben.
- Susan B. Asch will be promoted to be a Vice President of Omega Flex, Inc., in addition to serving as its General Counsel and Corporate Secretary, reporting to Mr. Rivest.
- David R. Edler will be promoted from Director - MediTrac, to ...