leadership
confidence high
sentiment neutral
materiality 0.65
AstroNova appoints Jorik Ittmann as President and CEO; Darius Nevin becomes Executive Chairman
AstroNova, Inc.
- Jorik Ittmann appointed President and CEO effective Aug 15, 2025; base salary $360,000, target bonus 70% of salary.
- Darius Nevin appointed Executive Chairman; steps down as interim CEO on Aug 15, 2025.
- Ittmann receives restricted stock units valued at $1.5M (closing price on Aug 15) cliff-vesting on Aug 15, 2028.
- CFO Thomas DeByle salary raised to $425,000; other executives (Carll, Natalizia) also received salary increases and equity grants.
- Ittmann previously SVP of Product Identification; has over 20 years experience in healthcare and printing technology.
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