Intevac Announces Appointment Of Kevin Barber As Board Chairman
Portfolio Pulse from Benzinga Newsdesk
Intevac, Inc. (NASDAQ:IVAC) has appointed Kevin Barber as the new Board Chairman, succeeding David S. Dury as part of a planned succession strategy. Dury will remain on the Board until 2025.
October 01, 2024 | 8:08 pm
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Intevac, Inc. has appointed Kevin Barber as the new Board Chairman, replacing David S. Dury. This leadership change is part of a planned succession strategy.
The appointment of a new Board Chairman is a significant leadership change, but as it is part of a planned succession strategy, it is unlikely to have a major immediate impact on the stock price. Investors may view this as a neutral event unless further strategic changes are announced.
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