WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that John P. Jordan, Vice President, Chief Financial Officer and Treasurer, has notified the Company of his intention to resign his position to pursue another professional opportunity. Jordan has agreed to remain in his current position for a transition period, which will include the filing of the Company’s 10-Q for the second quarter of FY 2018, to end no later than September 1, 2017. Following Jordan’s departure, Joseph P. O’Connell, AstroNova’s Vice President, Business Development and former Chief Financial Officer, will assume the role of interim Chief Financial Officer and principal accounting officer until Jordan’s permanent replacement is appointed.
The Company has retained a leading executive recruiting firm to undertake a comprehensive search to identify candidates to succeed Jordan on a permanent basis.
“On behalf of the entire company, I want to thank John for his work over the past 12 months and wish him success going forward,” said AstroNova President and Chief Executive Officer Greg Woods. “I am very pleased Joe O’Connell has agreed to serve as interim CFO.”
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, designs, manufactures, distributes and services a broad range of products that acquire, store, analyze and present data in multiple formats. The Product Identification segment offers a variety of hardware and software products and associated supplies that allow customers to mark, track and enhance the appearance of their products. The segment’s two business units are QuickLabel®, the industry leader in tabletop digital color label printing and TrojanLabel™, a leader in the light-production color label press and specialty printer markets. The Test and Measurement segment includes the Test & Measurement business unit, which offers a suite of products and services that acquire, record and analyze electronic signal data from local and networked sensors. The segment also includes the Aerospace business unit, which makes printers, networking hardware and related accessories. These products are used in the aircraft flight deck to print flight plans, navigation information and performance data and in the aircraft cabin to print maintenance data, receipts and passenger manifests. AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting www.astronovainc.com.