Neogen CFO & COO David Naemura resigns voluntarily; successor search underway

NEOGEN CORP

Naemura will remain CFO/COO until October filing of 10-Q, no later than Dec 31, 2025.
Transition agreement: if employed through Dec 31, 2025, he receives 50% of annual target cash bonus.
Jim Walter, VP Global Operations, assumes oversight of Global Procurement, reports to CEO.
Bill Waelke, VP Investor Relations & Treasury, will handle finance questions during transition.
Company has engaged a leading executive search firm; no CFO replacement named yet.

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