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LSI Industries Announces Chief Financial Officer Retirement, Initiates Finance Leadership Succession Plan

  • LSI Industries announced that Executive Vice President & CFO James E. Galeese will retire on August 31, 2027, after more than a decade of service.
  • Mr. Galeese intends to provide advisory support to the company following his tenure as CFO.
  • LSI has initiated a formal search for his successor led by the Executive Committee & a global executive search firm, considering both internal & external candidates.
  • The company aims to name a successor during the first half of calendar year 2027.
  • Since becoming CFO in 2017, Mr. Galeese helped lead LSI's transformation into a market-leading integrated retail solutions platform with compounded, profitable growth.
  • His tenure included overseeing the deployment of over $500 million across four strategic acquisitions to expand addressable markets.
  • President & CEO James A. Clark praised Mr. Galeese's integrity, strategic insight, & disciplined financial stewardship.
  • Mr. Galeese highlighted LSI's positioning as a value compounder driven by recurring revenue streams, innovation, & a returns-focused capital deployment approach.
  • LSI Industries is headquartered in Cincinnati, trades on NASDAQ under symbol LYTS, employs approximately 3,000 people, & operates 23 manufacturing plants in the U.S. & Canada.
  • The press release includes standard forward-looking statements regarding future events & risks that could cause actual results to differ from projections.