Latest from People
Latest from People
People On the Move - Jan. 24, 2025 Update
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People On the Move -Jan. 10 2025 Update
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People On the Move - December 20, 2024 Update
Dec. 20, 2024
People on the Move - December 6, 2024
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People On the Move - Nov. 8, 2024 Update
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People On the Move - Oct. 25, 2024 Update
Oct. 25, 2024
People On the Move & Rep Lines
Oct. 10, 2024
Technology Research Corp. (Nasdaq:TRCI), Clearwater, Fla., said today that Owen Farren resigned his positions as chairman of the board, chief executive officer and president of the company, "to pursue other interests." Ray Malpocher, TRC's lead director, will oversee daily management of the company until a successor CEO has been appointed. The company will take a one-time charge associated with the management change in its fourth-quarter results.
It's unclear at the moment what effect this may have on Coleman Cable's unsolicited bid to acquire TRC for about $36.4 million, or whether Farren's departure is in any way related to that matter.