CTI Industries Corp CTIB:NASDAQ

Last Price$1.91NASDAQ Previous Close - Last Trade as of 3:32PM ET 9/17/19
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CTI Industries CEO Retires; Successor Named

5:10PM ET 11/29/2018 MT Newswires
CTI Industries (CTIB) said Thursday that CEO Stephen M. Merrick will retire, effective November 30.

He will remain with CTI as general counsel, secretary, and a member of the board. He has been an officer of CTI since January 1996.

Merrick is succeeded by Jeffrey S. Hyland, president and a director of CTI since December 1, 2017, as CEO.

Shares were flat in the after-hours session.

Price: 3.12, Change: 0.00, Percent Change: 0.00