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Nortech Systems Inc. (NASDAQ:NSYS), a small-cap electronics manufacturing company with annual revenue of $117.6 million and market capitalization of $27.7 million, announced that board member Debarati Sen has notified the company she will not stand for re-election to the board for the 2026-2027 period. According to a statement made in a recent SEC filing, Ms. Sen will continue to serve as a director until the conclusion of the company’s annual meeting of shareholders, scheduled for May 2026.
The company stated that Ms. Sen’s decision was not the result of any disagreement with Nortech Systems regarding its operations, policies, or practices. No additional details regarding a replacement or board succession were provided in the filing.
Nortech Systems, based in Maple Grove, Minnesota, is listed on the NASDAQ Capital Market under the ticker NSYS. The information in this article is based on a press release statement included in the company’s SEC filing.
In other recent news, Nortech Systems Incorporated reported its Q2 2025 earnings, revealing a 9.5% year-over-year decline in net sales. Despite this drop, the company experienced improvements in gross profit margins and adjusted EBITDA. This indicates a positive response from investors, reflecting optimism about Nortech Systems’ strategic initiatives and potential for future growth. Additionally, John Lindeen, the company’s Senior Vice President of Global Operations, announced his plans to retire and resign. Lindeen will remain in his role through the end of 2025 and into the first quarter of 2026. Nortech Systems has initiated a search for a permanent replacement. These developments highlight the company’s ongoing adjustments and strategic planning efforts.
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