Bob Ready, CEO, commented, "The action taken to promote Scott Ready to President of LSI Industries is part of our recently implemented succession plan to ensure that the Company will continue to have effective management and continue the legacy of innovation and growth at LSI Industries. Scott has a long history with the Company starting with his position as Northeast petroleum regional manager followed by Petroleum Sales Manager, Vice President of the newly formed image group, and from there, his most recent position as President of LSI Lighting Solutions Plus segment for the past six years. Scott, who holds a business degree from Miami University, has been with LSI Industries for 26 years and is well experienced to take on the new responsibilities as President of LSI Industries.Commenting further, Mr. Ready stated, "New order levels and inquiries are strong and nearly all of our niche markets and the broader C & I market are showing substantial year-over-year period improvement. Our contract with BP Products North America has been executed and we look forward to beginning work on this multi-year major re-lighting project beginning in the third quarter of this fiscal year. We are off to a strong start in the second quarter of fiscal 2011. LSI Industries has the right products, the stable platform, the motivated employees, experienced management teams and visionary technology innovation to take advantage of stronger market conditions and an increasing number of opportunities in the future."
LSI Industries Inc. Reports On Annual Shareholders' Meeting And Announces Management Promotions
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.