OSS - Research - One Stop Systems Inc. (OSS) - What Does the New CEO Bring to the Table?

David Raun Appointed Interim CEO. In a somewhat surprising move, on February 18th One Stop's Board of Directors appointed Board member David Raun as interim president and CEO, succeeding Steve Cooper, who remains on the Board. Mr. Raun will serve while the Board undergoes a CEO search. We would not be surprised if Mr. Raun is one of the candidates.Who Is David Raun? Mr. Raun has served as a Board member since December 2016. Mr. Raun has over 20 years experience in the tech industry, including service as CEO of PLX Technology, Inc., which was a leading manufacturer of PCI Express switches and bridges, a key OSS product line, and where he the led the company to an acquisition by Avago (now Broadcom). We do not foresee any drastic changes in business strategy in the near term.Why Now? OSS came public in February 2018 at $5. The stock has significantly under performed and investors cannot be happy. We also think there is some belief among Board members that the transition from private to public company was not happening fast enough. Read More >>