CSP Inc. appoints new CAO Eric Sachs and director James LaBonty

CSP INC /MA/

Michael Newbanks resigns as VP Finance and CAO effective May 15, 2026; no disagreement cited.
Eric Sachs named VP and CAO starting May 15; base salary $195K, 30% bonus potential, 8,000 RSUs vesting over four years.
James LaBonty appointed to board effective March 12; serves on nominating and compensation committees.

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