Clearfield Elects Rebecca Seidel and Kathleen Skarvan to the Board of Directors
MWN-AI** Summary
Clearfield, Inc. (NASDAQ: CLFD), a prominent player in community broadband fiber connectivity, has announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors, effective December 10, 2025. This decision underscores Clearfield's commitment to strengthening its governance and strategic direction. Clearfield's Chairman, Ronald G. Roth, expressed satisfaction in welcoming the new board members, highlighting their operational and strategic expertise to propel the company’s growth trajectory.
Rebecca Seidel brings over 20 years of experience in the MedTech sector, including her role as Senior Vice President at Medtronic plc, where she oversaw a billion-dollar cardiac ablation division. Her exceptional background in electrical engineering and mergers and acquisitions will be instrumental to Clearfield, as she joins the Audit and Compensation Committees. Seidel's leadership has transformed businesses and accelerated market growth through innovative product launches, making her an asset to the board.
Kathleen Skarvan, a seasoned Board Director and transformational leader, has an extensive career in high-technology executive roles. She previously served as President and CEO of Electromed, Inc., and currently chairs the boards of Electromed and Citizens Community Bancorp, Inc. Skarvan is acknowledged for her strategic market insights and ability to enhance shareholder value through risk management and market strategies. She will serve on the Audit Committee and the Nominating and Corporate Governance Committee at Clearfield.
As Clearfield prepares for this transition, it acknowledges the contributions of departing board members Chip Hayssen and Don Hayward, who are retiring at the end of their respective terms. Clearfield, headquartered in Minneapolis, designs and manufactures fiber optic solutions that play a crucial role in expanding broadband access.
MWN-AI** Analysis
The recent election of Rebecca Seidel and Kathleen Skarvan to the Board of Directors of Clearfield, Inc. (NASDAQ: CLFD) marks a significant development for investors and industry stakeholders following the announcement on October 29, 2025. As Clearfield continues to solidify its position as a leader in community broadband fiber connectivity, the strategic expertise brought by these two seasoned executives is expected to enhance the company’s operational efficiency and growth strategy significantly.
Rebecca Seidel's extensive background in MedTech, particularly her adeptness at driving growth through mergers and acquisitions, may provide Clearfield with the acumen necessary to explore strategic partnerships or acquisitions that could expand its technological capabilities or market reach. Her successful history in steering large revenue-generating projects and transforming businesses to achieve double-digit growth presents an exciting prospect for Clearfield as they continue to broaden their fiber delivery solutions amidst increasing demand for broadband access. Her role on the Audit and Compensation Committees will surely entail scrutinizing performance metrics and aligning compensation to drive growth, enhancing shareholder confidence.
On the other hand, Kathleen Skarvan’s vast experience as a board director and transformational leader in the technology sector will help bolster risk management and governance practices. As Clearfield operates in a highly competitive and rapidly evolving market, her emphasis on operational discipline and risk oversight will be vital. Her engagement with the Nominating and Corporate Governance Committee will ensure that Clearfield continues to attract top-tier talent, essential as the company scales its operations.
Investors should view this leadership transition positively, as the integration of such knowledgeable executives can facilitate sustained growth and innovation. As Clearfield aims to close the digital divide, this strong board composition positions the company well for future expansion, making it a potentially compelling investment opportunity in the broadband service sector.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MINNEAPOLIS, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in community broadband fiber connectivity, today announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors, effective December 10, 2025.
“We are pleased to welcome Rebecca and Kathleen to Clearfield’s Board of Directors,” said Ronald G. Roth, Clearfield’s Chairman of the Board. “Both Rebecca and Kathleen bring deep operational and strategic expertise that will enhance our board’s collective strength and support Clearfield’s long-term growth. We would also like to extend our sincere thanks to Chip Hayssen and Don Hayward, who will be retiring from the Board at the end of their term in late February, for their dedicated service and their significant contributions to Clearfield’s success.”
Ms. Seidel will serve on the Company’s Audit Committee and its Compensation Committee while Ms. Skarvan will serve on the Company’s Audit Committee and its Nominating and Corporate Governance Committee.
New Board Member Biographies
Rebecca Seidel is a global P&L leader with over 20 years of experience in MedTech and is recognized as a visionary thought leader with strategic capability to drive growth through mergers and acquisitions, innovation, and market transformation. As Senior Vice President and President of Cardiac Ablation Solutions at Medtronic plc, a global $34 billion revenue medical technology company, she has overall responsibility for a $1 billion revenue business focused on pioneering medical device products and services. Ms. Seidel has a strong foundation in electrical engineering, and has successfully led the acquisition and integration of four companies totaling nearly $2 billion of investment and transformed the business from a single-product organization to a dynamic growth engine delivering next-generation care through multiple groundbreaking product launches. Leveraging her extensive experience scaling production and operational excellence, she has advanced both existing markets and created new markets to accelerate to double-digit growth. Ms. Seidel earned a Bachelor’s degree in Electrical Engineering from Milwaukee School of Engineering and a Master’s degree in Information Technology from Capella University, and was recognized in 2025 with the Milwaukee School of Engineering “Wall of Distinction Award.”
Kathleen Skarvan is an experienced Board Director, accomplished CEO, and transformational strategic leader with financial and operational discipline in B2B and B2C markets. She currently serves as a Director on two public company boards – Electromed, Inc., where she was appointed Chair in 2023 following her tenure as President and CEO from 2012 to 2023, and Citizens Community Bancorp, Inc., where she serves as Chair of the Risk Oversight Committee and as a member of the Audit Committee. Earlier in her career, Ms. Skarvan spent over 30 years in high technology executive and general management roles, including Senior Vice President and President of Hutchinson Technology’s Disk Drive Division, its largest business unit with $300 million in revenue and 3,500 employees. She is recognized for her transformational leadership style and brings a wealth of knowledge in technology products and services within highly regulated industries, delivering shareholder value through market strategy development and designing and overseeing comprehensive risk management systems. Ms. Skarvan has received numerous industry awards, including The Healthcare Technology Report’s “Top 25 Women Leaders in Medical Devices of 2021” and the Minneapolis/St. Paul Business Journal’s “Women in Business” honor in 2018. She holds a Bachelor’s degree from St. Cloud State University and is a graduate of the University of Minnesota’s Carlson School of Business Executive Program.
About Clearfield, Inc.
Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures, and distributes fiber optic management, protection, and delivery solutions that play a critical role in enabling broadband operators to close the digital divide. Our labor lite, craft-friendly platform is leveraged by community broadband, MSOs, incumbent service providers, ISPs, data centers, military, municipalities, and coops - from homes passed to homes connected faster and more efficiently. Headquartered in Minneapolis, MN, Clearfield deploys more than a million fiber ports each year. For more information, visit www.SeeClearfield.com .
Investor Relations Contact:
Greg McNiff
The Blueshirt Group
773-485-7191
clearfield@blueshirtgroup.com
FAQ**
How might the expertise of new board members Rebecca Seidel and Kathleen Skarvan impact the growth strategies of Clearfield Inc. (CLFD) in the community broadband sector?
What specific initiatives does Clearfield Inc. (CLFD) plan to pursue under the leadership of its newly appointed Board members to enhance operational excellence?
With the addition of Rebecca Seidel and Kathleen Skarvan to Clearfield Inc. (CLFD), how does the Board plan to address the challenges faced by the broadband industry?
In light of their resignations, what legacy do Chip Hayssen and Don Hayward leave for Clearfield Inc. (CLFD) as the company shifts its focus with new board leadership?
**MWN-AI FAQ is based on asking OpenAI questions about Clearfield Inc. (NASDAQ: CLFD).
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