John L. Spaid will retire as Executive Vice President of Finance, CFO, and Treasurer, effective July 1, 2026. Todd Siefert has been appointed as Executive Vice President Corporate Finance, effective June 1, 2026, and will assume the CFO role upon Mr. Spaid's retirement. Dana Hambly has been promoted to Senior Vice President of Finance as part of the leadership transition. Mr. Siefert's compensation package includes a $500,000 base salary, a $100,000 signing bonus, and a 50,000-share stock option grant. A transition agreement includes restrictive covenants for Mr. Spaid, including a six-month non-compete and non-solicitation period.