Daktronics Appoints Ramesh Jayaraman as President and Chief Executive Officer

Core Viewpoint - Daktronics, Inc. has appointed Ramesh Jayaraman as the new President and CEO, effective February 1, 2026, marking a significant leadership change aimed at driving the company's transformation and growth [1][2][5]. Leadership Transition - Ramesh Jayaraman will also join the Board of Directors upon approval, while Reece Kurtenbach will step down from the Board [2]. - Brad Wiemann will continue as Interim President and CEO until the end of the third fiscal quarter on January 31, 2026 [2]. Ramesh Jayaraman's Background - Jayaraman brings over 25 years of global operations experience, with a proven track record in driving transformational change and organic growth [3]. - His previous role was Senior Vice President and Americas Integration Leader for Bosch Home Comfort, where he led large-scale businesses and global teams [3][4]. - He has held senior leadership positions across various companies, including Harman Professional Solutions and Ariston Thermo Group, and has experience in consulting and business analysis [4]. Strategic Vision - Daktronics aims to leverage Jayaraman's extensive experience in international markets and system integration to accelerate growth and transformation [5]. - The company is focused on executing its business and digital transformation strategies to drive profitable growth and reduce costs, including implementing a tiered product strategy and enhancing sales and support capabilities [5]. Company Overview - Daktronics is a leading designer and manufacturer of dynamic video communication displays and control systems, recognized as the world's largest supplier of large-screen video displays and related technologies [6]. - The company operates in various sectors, including Live Events, Commercial, High School Park and Recreation, and Transportation, with a strong emphasis on product innovation and customer service [6].