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Stock impact report

Universal Electronics Inc. Announces CEO Paul Arling to Retire

Universal Electronics Inc. (UEIC) 
Last universal electronics inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: uei.com/investor-relations
Company Research Source: Business Wire
Confirms Prior Guidance SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced that Paul Arling will retire as Chief Executive Officer on April 30, 2025. Arling will serve as a consultant until June 30, 2025 and will remain on the board through his term, which will end at the 2025 Annual Meeting of Shareholders. The company is conducting an extensive executive search and actively interviewing both internal and external candidates.Lead Independent Director of the Board of Universal Electronics Bill Mulligan stated, “We thank Paul for his leadership, innovation and passion for nearly three decades. During that time, he elevated UEI from manufacturing basic TV/set-top box remotes to becoming the global wireless device control leader. With over 150 patents issued and pending himself, Paul fostered a creative environment that yielded breakthrou Show less Read more
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