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Rocky Mountain Chocolate Manufacturing unit, Inc. (NASDAQ: RMCF) (the “Firm” or “RMCF”), introduced that its Board of Administrators (the “Board”) has unanimously elected Jeffrey Geygan as its new Chairman of the Board, as of June 9, 2022. He succeeds Elisabeth Charles, who will serve on the Board till the tip of the corporate’s annual assembly of shareholders to be held on August 18, 2022 (the “annual assembly”) ). She’s going to retire from the Society after the annual assembly.
Ms. Charles was elected as a director in October 2021 and appointed as Board Chair in January 2022. She oversaw continued optimistic modifications to the corporate’s company governance insurance policies and the hiring of modern meals trade veteran Rob Sarlls as CEO in Might 2022. His determination to resign is for private causes and isn’t associated to a disagreement with the Firm or its operations, insurance policies or practices.
Talking on behalf of the board, Mr. Geygan congratulated Ms. Charles for serving to usher the corporate into a brand new period. “Elisabeth helped pave the best way for a brand new period of success. Her eight months of board service and management has paved an vital path for our firm.”
Mr. Geygan joined the board in August 2021, serving as interim Chairman of the Board from October 2021 to January 2022. As well as, Mr. Geygan is Chief Government Officer and Chairman of World Worth Funding Corp. (“GVIC”), a analysis and consulting agency he based in 2007. GVIC is an 8.5% shareholder of the Firm. He has additionally been a director of Wayside Know-how Group, Inc. (NASDAQ: WSTG) since February 2018 and chairman of its board since Might 2018.
Geygan says he’s assured in regards to the firm’s prospects and its potential to develop, determine and create long-term worth. “I’m very excited in regards to the transformation that has already begun and the method of investing and constructing an improved enterprise mannequin and company tradition – one that’s strategic, goal-driven and disciplined” , Mr. Geygan mentioned.
Mr. Sarlls agrees. “Jeff has been a drive for good for a number of a long time, working constructively and positively with boards and administration groups to impact strategic change that drives the creation of shareholder worth,” he mentioned. . “Figuring out first-hand the success of his investments with different public corporations, together with his enterprise expertise with John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS), and seeing how his sturdy management has considerably remodeled Wayside Know-how Group, I’m very inspired by the way forward for our enterprise.”