Tessco Technologies Incorporated (NASDAQ: TESS) has announced that John D. Beletic has been appointed as Chair of the Company´s Board of Directors by unanimous vote of the independent directors, the company said.
Beletic, age 68, replaces Robert B. Barnhill, Jr., age 76. Barnhill, who founded the Company and served as chair for more than 25 years, remains a director. The Board thanks Barnhill for his many years of service as chair.
Beletic´s appointment follows the adoption by the Board earlier this year of Corporate Governance Guidelines and Board Diversity Guidelines, which in addition to memorializing historical board governance principles, focus on reducing the age and length of tenure of directors over the next several years, and an increase in board diversity.
Tessco is a value-added technology distributor, manufacturer, and solutions provider serving commercial and retail customers in the wireless infrastructure and mobile device accessories markets. For more information, visit www.tessco.com.