Clearfield, Inc. (NASDAQ: CLFD), a pacesetter in fiber connectivity options for telecom, knowledge middle, and community infrastructure environments, at the moment introduced that Cheri Beranek will retire because the Firm’s President and Chief Government Officer, efficient March 31, 2027. Ms. Beranek will serve in her current function till the sooner of the appointment of her successor or her retirement date. Upon the appointment of her successor, Ms. Beranek will proceed employment with the Firm in a non-director function with the title of President and Chief Government Officer Emeritus.
As a part of its succession planning course of, the Board of Administrators will provoke a seek for the Firm’s subsequent CEO and can take into account exterior and inner candidates, in partnership with a nationally acknowledged search agency.
“On behalf of the Board of Administrators, I wish to sincerely thank Cheri for her distinctive management and dedication to Clearfield,” acknowledged Catherine T. Kelly, the Chair of the Board of Administrators. “Cheri has made an indelible mark on Clearfield over these final 20 years, together with serving as the important thing architect of the Firm’s product and market growth, driving worthwhile progress, and constructing capabilities to evolve Clearfield into the enterprise it’s at the moment.”
In reflecting on her tenure, Cheri Beranek commented, “It has been a privilege to function Clearfield’s President and Chief Government Officer. From co-founding the corporate in 2008 to at the moment, I’m so very pleased with the excellent enterprise we’ve got constructed. I would prefer to thank the complete Clearfield staff for bringing their ardour to work, tirelessly striving for operational excellence, and all the time delivering for our prospects. With Clearfield properly positioned for its subsequent part of progress, I imagine now’s the fitting time to activate the succession planning course of and for me to maneuver to an Emeritus place to be able to help within the transition to Clearfield’s subsequent chief.”
Clearfield expects its fiscal 2026 fourth quarter and full-year monetary outcomes to be in-line with the steerage offered on its fiscal 2026 third quarter earnings name on August 5, 2026.
Learn the total press launch right here.
