IDEXX LABORATORIES, INC. (NASDAQ:IDXX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On February 14, 2017, Mr. Thomas Craig, a Class II Director, provided IDEXX Laboratories, Inc. (the “Company”) notice of his intention to retire from the Board of Directors (the “Board”) immediately following the expiration of his term on the date of the Company’s 2017 annual meeting of stockholders to be held on May 3, 2017 (the “2017 Annual Meeting”). Mr. Craig’s decision to retire from the Board does not arise from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
In addition, and in accordance with the Company’s Corporate Governance Guidelines, Dr. Barry C. Johnson, a Class III Director, having reached the mandatory retirement age of 73, will also retire effective on the date of the 2017 Annual Meeting.
The Company thanks each of Mr. Craig and Dr. Johnson for his service and commitment during his tenure as a member of the Board.
In accordance with the Company’s bylaws, the Board reduced the size of the Board to eight members, the size of Class II to three, and the size of Class III to two, effective upon Mr. Craig’s and Dr. John’s retirements from the Board.
About IDEXX LABORATORIES, INC. (NASDAQ:IDXX)
IDEXX Laboratories, Inc. develops, manufactures and distributes products and provides services for the companion animal veterinary, livestock and poultry, dairy and water testing markets. The Company’s segments include Companion Animal Group (CAG), which develops, designs, manufactures and distributes products and performs services for veterinarians and the bioresearch market; Water, which develops, designs, manufactures and distributes a range of products used in the detection of various microbiological parameters in water; Livestock, Poultry and Dairy (LPD), which develops, designs, manufactures and distributes diagnostic tests and related instrumentation, and performs services that are used to manage the health status of livestock and poultry and to expand bovine reproductive productivity, and Other, which develops, designs, manufactures and distributes point-of-care electrolyte and blood gas analyzers and related consumable products for the human medical diagnostics market. IDEXX LABORATORIES, INC. (NASDAQ:IDXX) Recent Trading Information
IDEXX LABORATORIES, INC. (NASDAQ:IDXX) closed its last trading session up +0.17 at 142.40 with 426,961 shares trading hands.