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An announcement from Trans-Lux ( (TNLX) ) is now available.
Trans-Lux Corporation has announced significant leadership changes with the resignation of Nicholas Fazio as Director and CEO, and Jie Feng as Director, effective October 30, 2024. They were succeeded by Naibin (Robin) Tang as CEO and Director, and Xu He as Director. Both Tang and He bring a wealth of experience from Unilumin, the company’s largest shareholder, with Tang holding previous roles at Samsung and Phillips Lighting. The appointments are not linked to any internal disagreements, signaling a strategic move to leverage their expertise for future growth.
Learn more about TNLX stock on TipRanks’ Stock Analysis page.