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VeriSign Inc. (NASDAQ:VRSN) announced that Dr. Timothy Tomlinson, age 75, has resigned from the company’s board of directors, effective Friday, for personal reasons related to family and other business interests. The company reported the departure in a statement released through a filing with the U.S. Securities and Exchange Commission.
Dr. Tomlinson has served on VeriSign’s board since the company’s founding in 1995. In the statement, Jim Bidzos, founder, executive chairman, chief executive officer, and president of VeriSign, said Dr. Tomlinson’s service on the board and audit committee contributed to the company’s operations, including supporting a culture of compliance.
According to the filing, Dr. Tomlinson’s retirement was not due to any disagreement with the company regarding its operations, policies, or practices. Following his departure, the board is expected to appoint a lead independent director and reduce the size of the board.
VeriSign is incorporated in Delaware and is headquartered in Reston, Virginia. The information is based on a press release statement filed with the SEC.
In other recent news, VeriSign Inc. announced its third-quarter earnings for 2025, which exceeded analysts’ expectations. The company reported an earnings per share (EPS) of $2.27, surpassing the forecasted $2.25. Revenue also came in higher than anticipated, reaching $419.1 million compared to the projected $416.58 million. These results highlight a strong performance for the quarter. Despite the positive earnings and revenue figures, the company’s stock experienced a slight decline in after-hours trading. The stock closed at $251.5, down from the previous close of $251.94. This decline occurred even though the financial results were better than expected. Investors might find these developments noteworthy as they assess VeriSign’s recent performance.
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