CSP Inc. expands board to 7, adds Webber and Folger; Blackmon and James retiring

CSP INC /MA/

Charles Blackmon and C. Shelton James not seeking re-election; effective Feb 3, 2025.
Board size increased from 5 to 7; Webber and Folger appointed after 10-K filing.
Steve Webber: 30+ yrs finance exec; currently CFO/COO at Quickbase, ex-CFO Carbon Black.
Anthony Folger: 30+ yrs, over decade as public company CFO; currently CFO at Progress, ex-CFO Carbonite.
Both new directors expected to serve on Audit Committee; will stand for election at 2025 annual meeting.

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