Neogen CFO David Naemura plans departure by end of 2025

Neogen Corporation (NASDAQ: NEOG) announced that Chief Financial Officer and Chief Operating Officer David Naemura has communicated his intention to leave the company. Naemura will continue in his current roles until his departure, expected after the company files its 10-Q in October and no later than the end of 2025.

The food safety solutions company has engaged an executive search firm to identify its next CFO. The transition will be supported by Naemura during his remaining tenure, along with Neogen's finance team and Bill Waelke, Vice President of Investor Relations and Treasury.

Jim Walter, the company's Vice President of Global Operations, will assume oversight of Global Procurement in addition to his current responsibilities and will report directly to Chief Executive Officer Mike Nassif.

"We are grateful for Dave's contributions, and the role he's played over the past three years in navigating us through a dynamic period, and we wish him every success in his next chapter," Nassif said in the press release statement.

Nassif added that the transition offers an opportunity to bring in a CFO who will provide fresh perspective to accelerate strategic initiatives and drive growth. Naemura has served in his dual role for three years at the Michigan-based company.

Neogen develops food safety solutions and operates in over 140 countries. The company serves the food safety, livestock, and pet health and wellness markets.

You May Also Be Interested In

• Boeing names Ryan Shedd as new SVP and controller
• Robo.ai names Hao Wang of Changer.ae to its board of directors
• Balfour Beatty names Sarah Brand VP of Tampa buildings ops