The company announced a significant governance transition, detailing that current CEO and President François Locoh-Donou will assume the role of Chair of the Board following the Annual Meeting of Shareholders expected in March 2026. This move marks the succession from Alan J. Higginson, who is retiring after two decades as Chair, and the Board plans to appoint a lead independent director to ensure continued oversight. Investors should note this change in leadership structure, as it represents a major shift in corporate governance and potential strategic direction for the firm.
