Lantronix Reports Passing Of Chairman Of The Board Paul Folino; Jason Cohenour Named Interim Chairman
Portfolio Pulse from Benzinga Newsdesk
Lantronix has announced the passing of its Chairman of the Board, Paul Folino. Jason Cohenour has been named as the interim Chairman. Folino was not standing for re-election to the Board of Directors at Lantronix's 2023 Annual Meeting of Stockholders, scheduled for Nov. 7, 2023.
October 16, 2023 | 8:44 pm
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The passing of Lantronix's Chairman Paul Folino and the appointment of Jason Cohenour as interim Chairman could potentially impact the company's stock in the short term.
The passing of a company's chairman can lead to uncertainty among investors, potentially affecting the stock price. However, the appointment of an interim chairman can help stabilize the situation. The impact on Lantronix's stock will depend on how investors perceive these changes.
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