LSI Industries CFO to retire in 2027, successor search underway

LSI Industries Inc. (Nasdaq: LYTS) announced that James E. Galeese, Executive Vice President and Chief Financial Officer, will retire on August 31, 2027, after more than a decade with the Cincinnati-based company.

The company has initiated a formal search for his successor, led by the LSI Executive Committee in consultation with a global executive search firm. The search will consider both internal and external candidates, with LSI expecting to name a successor during the first half of calendar year 2027. Galeese has indicated he will support LSI in an advisory capacity following his retirement.

Galeese has served as CFO since 2017. According to the press release, during his tenure he helped oversee more than $500 million deployed across four strategic acquisitions.

"On behalf of our employees, customers, partners, and shareholders, I want to thank Jim for his many contributions to LSI over the past ten years," said President and CEO James A. Clark. "Jim has led with integrity, strategic insight, disciplined financial stewardship, and a commercially minded approach that have been instrumental in shaping the company we are today."

LSI Industries manufactures lighting, graphics, and display solutions and employs approximately 3,000 people across 23 manufacturing facilities in the U.S. and Canada.

You May Also Be Interested In

• ProLogium names Rimac Group CEO Antony Sheriff to its board
• Oruka Therapeutics names Todd Edwards as chief commercial officer
• Amrize names Sam Poletti as CFO, Baris Oran steps down