Inrad Optics,Inc. (OTCMKTS:INRD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 18, 2017, the Board of Directors (the “Board) of Inrad Optics, Inc. (the “Company”) unanimously elected William J. Foote, age 66, to fill an open seat on the Company’s Board as a Class II director, effective immediately.
Since 2006, Mr. Foote has served as the Company’s Chief Financial Officer and currently holds the additional offices of Secretary and Treasurer of the Company.
Mr. Foote will not be entitled to compensation for his services as a director and will not immediately be a member of any committee of the Board. He will serve under appointment until the 2018 annual meeting of the Company's shareholders or until his successor is elected and qualified, subject to his earlier resignation or removal.
About Inrad Optics,Inc. (OTCMKTS:INRD)
Inrad Optics, Inc. develops, manufactures and markets products and services for use in photonics industry sectors. The Company is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and opto-mechanical assemblies. The Company’s product categories include Optical Components and Laser System Devices/Instrumentation. The Optical Components category is focused on optics manufacturing. The Company offers precision components. It develops, manufactures and delivers precision custom optics and thin film optical coating services through its Custom Optics and Metal Optics operations. The Laser Devices/Instrumentation category includes the growth and fabrication of crystalline materials with electro-optic (EO) and non-linear optical properties for use in both standard and custom products. The category also includes crystal-based devices and associated instrumentation.