Landauer says Leatherman to retire from Executive Chairman of the Board role
On November 18 Michael T. Leatherman provided notice to the Board of Directors of Landauer that he intends to retire from the position of Executive Chairman of the Board, effective at the 2017 Annual Meeting of Stockholders. If re-elected at the 2017 Annual Meeting, Mr. Leatherman will continue to serve as a director of the Company. The Board expects that it will appoint William G. Dempsey to succeed Mr. Leatherman as Chairman of the Board, subject to Mr. Dempsey's re-election as a director at the 2017 Annual Meeting, and that Mr. Dempsey will serve as Chairman in a non-executive capacity. If Mr. Dempsey becomes Chairman of the Board, the Board expects that he will no longer serve as Chairman of the Compensation Committee of the Board and that it will appoint Mr. Thomas M. White to serve in that role.