Spectra7 Microsystems Inc (SEV): https://www.nasdaq.com/press-release/spe...

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Re: jacksonjohn post# 3022

Wednesday, 08/17/2022 11:06:41 AM

Wednesday, August 17, 2022 11:06:41 AM

https://www.nasdaq.com/press-release/spectra7-announces-fourth-quarter-and-fiscal-year-2021-financial-results-2022-05-02

CEO Takes Medical Leave of Absence

The Company announced today that Chief Executive Officer Raouf Halim is taking a medical leave of absence due to an unexpected health issue. The leave is expected to be temporary.

Spectra7 is continuing its business plans uninterrupted, led by its deep bench of executive leadership. Chair of the Board of Directors Ronald Pasek, Chief Financial Officer Bonnie Tomei, and other members of the executive team will co-manage Mr. Halim's duties during his leave.

"We fully support Raouf in his request to take this leave and wish him the best as he focuses on his health," said Mr. Pasek. "The board has complete confidence in the team that Raouf has built as they continue to drive the Company's strategy and I do not expect any disruptions to our day-to-day operations."