Optex Systems CEO Danny Schoening resigns; Chad George appointed CEO effective Dec 20, 2025

Optex Systems Holdings Inc

Danny Schoening resigns as CEO effective Dec 20, 2025, remains Chairman of Board and facilities security officer.
Chad George (formerly President) appointed President and CEO, elected to Board; base salary $300k, target bonus 30%, 3.5% annual increase, 200 hrs PTO.
Board increased from 4 to 5 seats; George receives no additional compensation for director role.
Schoening to receive $44k cash + $66k restricted stock (vests Jan 1, 2027) as annual director compensation starting 2026.

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