DMC Global (BOOM) Announces CEO Transition & Updates Financial Guidance

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DMC Global Announces CEO Transition & Updates Financial Guidance

January 17, 2023 7:00 AM EST

BROOMFIELD, Colo., Jan. 17, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced Kevin Longe has stepped down as president and chief executive officer, effective immediately. DMCs board of directors has named chief financial officer Michael Kuta and the Companys chairman, David Aldous, as interim co-CEOs. Mr. Kuta has agreed to postpone his previously announced retirement and will remain on DMCs leadership team to ensure a smooth transition. He will also retain the title of CFO until his successor is named.

Director Richard Graff, a... More