share_log

Genasys Announces Expansion of Its Board of Directors

GlobeNewswire ·  May 15 04:14

Bill Dodd, Retiring California State Senator and Craig Fugate, Former Administrator of FEMA Join Genasys' Board of Directors

SAN DIEGO, May  14, 2024  (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in protective communications, today announced that both Bill Dodd, and Craig Fugate have been nominated to and have accepted positions on Genasys' Board of Directors. The addition of Mr. Dodd and Mr. Fugate bolsters Genasys' leadership team with unique expertise in emergency management and public sector procurement processes.

Senator Dodd brings more than 20 years of state and local government experience. Starting out as a small business owner, Senator Dodd began his public service with 15 years on the Napa County Board of Supervisors, eventually progressing to the state Assembly in 2014 and ultimately serving two four-year terms in the California State Senate. As Senator Dodd finishes his second term, he Chairs the Government Organization Committee, and is a member of the Transportation Committee, Energy Utilities and Communications Committee, the Business Professions Committee, and the Insurance Committee.

"Serving the Northern California counties for over twenty years, I am acutely aware of the numerous emergencies that local and regional emergency managers must prepare for and manage. Genasys' solutions have been instrumental in improving communication, preparedness, and community safety with my constituents." said Senator Dodd. "Moving on from public service, I look forward to leveraging my experience to assist Genasys expand its reach and grow its business not only in California, but throughout the country."

Mr. Fugate was confirmed by the US Senate and began his service as Administrator of the Federal Emergency Management Agency (FEMA) in May 2009. Under his leadership, emergency management was promoted as a community and shared responsibility. At Craig's direction, FEMA fostered resiliency, a community-oriented approach to emergency management to build sustainable and resilient communities. Before serving at the Federal level, Fugate served as Director of the Florida Division of Emergency Management (FDEM). During Mr. Fugate's tenure, the FDEM program became the first statewide emergency management program in the nation to receive full accreditation from the Emergency Management Accreditation Program. Craig began his emergency management career as a volunteer firefighter, paramedic, and a Lieutenant with the Alachua County Fire Rescue where he moved from exclusive fire rescue operations to serving as the Emergency Manager for Alachua County in Gainesville, Florida. He spent a decade in that role until May 1997 when he was appointed Bureau Chief for Preparedness and Response for FDEM.

"I know of no other company that provides both the hardware and the software necessary to manage and communicate during an emergency. " said Mr. Fugate. "I am excited to join the team and extend the reach."

"The addition of Bill and Craig to our Board of Directors will have a near immediate impact on our business," said Richard Danforth, Chief Executive Officer for Genasys. "We look forward to leveraging their profound experience and delivering for our shareholders."

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment