OSI Systems Expands Board and Appoints New CEO

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An update from OSI Systems ( (OSIS) ) is now available.

OSI Systems, Inc. has expanded its Board of Directors to seven members, appointing Ajay Mehra as a new director effective January 1, 2025. Ajay Mehra will also assume the roles of President and CEO with a starting salary of $750,000. The company has outlined specific terms in Mr. Mehra’s employment agreement regarding his compensation and benefits upon termination. Additionally, OSI Systems held its Annual Meeting of Stockholders where all six nominated directors were elected, and Grant Thornton LLP’s appointment as the independent registered public accounting firm was ratified.

More about OSI Systems

YTD Price Performance: 45.49%

Average Trading Volume: 194,578

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.14B

For detailed information about OSIS stock, go to TipRanks’ Stock Analysis page.

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