On November 8, 2024, IDEXX Laboratories (IDXX, Financial) announced the resignation of Jonathan W. Ayers from its Board of Directors and its finance committee, effective immediately. Mr. Ayers's departure marks the end of a significant era for the company, as he has been a pivotal figure in its leadership since 2002.
Mr. Ayers's decision to resign was not due to any disagreement with the company regarding its operations, policies, or practices. His tenure at IDEXX Laboratories began in 2002, where he served as Chairman of the Board, President, and Chief Executive Officer until 2019. Following his executive roles, he continued to contribute as a non-employee director until his recent resignation.
The company and its Board have expressed their gratitude for Mr. Ayers's more than two decades of dedicated service and leadership, acknowledging his numerous valuable contributions during his time with IDEXX Laboratories.
In light of Mr. Ayers's resignation, the Board has decided to reduce its size from eleven to ten directors. This adjustment reflects the company's ongoing commitment to effective governance and strategic oversight.
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