Daktronics appoints Ramesh Jayaraman as President and CEO, effective Feb 1, 2026

DAKTRONICS INC /SD/

Jayaraman brings 25+ years of global operations from Bosch and Harman; starts full-time Dec 10, 2025.
Reece Kurtenbach steps down from board; Brad Wiemann continues as interim CEO through Jan 31, 2026.
New CEO receives $450k sign-on bonus, $500k base salary, and equity awards valued at ~$670k.
FY26 guaranteed pro-rated bonus of $93,750; target annual bonus opportunity begins FY27 at 100% of base salary.
FY26 equity grant includes $502,500 in RSUs (time-vesting) and $167,500 in PSUs (performance-vesting).

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