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Novanta (NOVT) has provided an update.
Katherine A. Owen stepped down from Novanta Inc.’s Board of Directors and the Audit Committee, a move not prompted by any disputes with the company. Mary Kay Ladone was appointed to fill the vacancy, with her compensation including a prorated annual cash retainer and equity award in line with Novanta’s policy for non-employee directors. Ladone will also sign the company’s standard indemnification agreement for directors and officers.
For an in-depth examination of NOVT stock, go to TipRanks’ Stock Analysis page.
