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Precision Optics Appoints New Board Member Pellegrino

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Precision Optics Appoints New Board Member Pellegrino

An announcement from Precision Optics Corporation ( (POCI) ) is now available.

On March 15, 2025, Peter Anania retired from the Board of Directors of Precision Optics Corporation, and on March 19, 2025, Joseph P. Pellegrino, Jr. was appointed to fill the vacancy. Pellegrino, who brings extensive experience from his previous role as CFO of LeMaitre Vascular, Inc., will also serve as Chair of the Audit Committee. The Board also announced stock options and compensation updates for its directors and executives, including an increase in CEO Joseph Forkey’s salary. These changes are part of the company’s strategy to enhance its leadership team and drive sustainable growth.

More about Precision Optics Corporation

Precision Optics Corporation, founded in 1982, is a vertically integrated optics company specializing in micro-optics, 3D imaging, and digital imaging technologies. The company primarily serves the healthcare and defense/aerospace industries, offering services from product concept to mass manufacture. Precision Optics is known for enabling next-generation medical devices and providing high-quality optical products for minimally invasive surgery and surgical robotic systems. The company also supports defense/aerospace applications requiring optimized size, weight, and power.

YTD Price Performance: -5.99%

Average Trading Volume: 11,497

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $34.44M

Learn more about POCI stock on TipRanks’ Stock Analysis page.

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