India, June 4 -- On Thursday, LCI Industries (LCII) announced the retirement of Jason Lippert as President, Chief Executive Officer and member of the Board, after 32 years in business. Independent Director Johnny Sirpilla will replace Lippert as interim CEO, effective immediately.
For a smooth transition, Lippert will serve as an advisor for a year
On the NYSE, the shares were trading 5.41 percent lower at $100.99.
Additionally, the Board of Directors appointed Viriginia Henkels as the Chair to replace Tracy Graham, who steppped down after 10 years.
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Having worked as the member of the LCI Industries Board since 2019, Sirpilla carries 35 years of experie...