Itron, Inc. has announced that two members of its board of directors, Lynda L. Ziegler and Mary C. Hemmingsen, will not stand for re-election at the company’s 2025 Annual Meeting of Shareholders.
Lynda L. Ziegler, who has served on the board since 2013, is currently the chair of the Nominating and Corporate Governance Committee and a member of the Compensation Committee. Her decision to retire is not due to any disagreement with the company or management. She will continue to serve until the 2025 Annual Board Meeting.
Mary C. Hemmingsen, a board member since 2022 and a member of the Audit/Finance Committee, is stepping down due to her workload as a partner at Moneta Securities and her responsibilities as an audit chair for four companies. Her departure is also not related to any disagreements with the company.
As a result, effective May 8, 2025, Itron's board size will be reduced from nine to seven directors.
Source: Itron, Inc., "Form 8-K Filing," February 24, 2025.
2025-02-24
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