Daktronics CEO Transition Date Set

Daktronics CEO Transition Date Set

Brookings, S.D.-based Daktronics is getting a new CEO.

On Tuesday, the maker of supersized electronic display systems announced the official retirement date for current Chief Executive Officer James E. Morgan -- Sept. 1. On that date, the company's previously named successor, current Executive Vice President Reece A. Kurtenbach, will take the reins as president and CEO.

Kurtenbach is the son of Dr. Aelred J. Kurtenbach, who is chairman of the company board.

Daktronics originally named Kurtenbach as Morgan's successor back in February but had not named an official takeover date until today. At last report, Daktronics did not anticipate making any change in Kurtenbach's compensation plan in connection with his promotion.

The article Daktronics CEO Transition Date Set originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.