Intrusion, Inc. (INTZ) Announces Retirement of James F. Gero from Board
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Intrusion Inc. (NASDAQ: INTZ), a leader in cyberattack prevention solutions, today announced that James (Jim) F. Gero intends to retire from the Board of Directors effective November 20, 2024. Mr. Gero has served on Intrusion's Board of Directors since October 27, 2003, and was the Chairman of the Compensation Committee and a member of the Audit Committee.
"On behalf of the Board of Directors and Intrusion, I would like to thank Jim for his extraordinary commitment to the Company during his 21-year Board tenure," said Anthony (Tony) J. LeVecchio, Intrusion's Chairman of the Board. "Jim is our longest-serving Director, and his previous executive leadership skills have proved invaluable over the past few years as the Company navigated a unique set of complex challenges. We will miss his steadfast guidance and support, and we wish Jim the best as he begins his well-deserved retirement."
"It has been an honor and a privilege to be a member of Intrusion's Board of Directors for the past 21 years," said Mr. Gero. "I believe the future is bright for Intrusion as the Company's cybersecurity solutions and innovative strategies continue to gain track with customers. I have every confidence that Tony, the rest of the Board, and the management team are the right people to lead the Company into the future and drive growth."
Mr. Gero cited his desire to focus on other activities as the principal reason for his decision to retire from the Board of Directors. Effective upon Mr. Gero's resignation, the size of the Company's Board of Directors will be reduced from six to five until a replacement has been identified. Intrusion's Board has commenced a search to identify and evaluate qualified candidates to be appointed to the Board of Directors.
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