• MEMBERSHIP BENEFITS
  • CURRENT ISSUE & ARCHIVE
  • DOWNLOAD LATEST DATA
  • ABOUT US

    • Latest from People

    Crescent Electric Supply
    scott_teerlinck_crescent_1920
    Illustration 19276996 / dirk erck /Dreamstime.com
    people_onthe_move_illustration_19276996__dirk_erck
    Photo 57640139 / edenmanusphotography / Dreamstime.com
    obituary_photo_57640139__edenmanusphotography_drea
    Schneider Electric
    schneider_olivierblum1920
    Border States Electric
    10451_2024_socialandnewspostgraphicaaronhughesmerg
    Schneider Electric
    jesuscarmona_schneider_1920
    Illustration © 19276996 / Dirk Erck / Dreamstime.com
    people_onthe_move_illustration_19276996__dirk_erck
    Emerson
    Service Wire
    1. News
    2. People

    TRC chairman and CEO steps down

    Feb. 15, 2011
    Technology Research Corp. (Nasdaq:TRCI), Clearwater, Fla., said today that Owen Farren resigned his positions as chairman of the board, chief executive officer and president of the company, "to pursue other interests." Ray Malpocher, TRC's lead director, ...

    Technology Research Corp. (Nasdaq:TRCI), Clearwater, Fla., said today that Owen Farren resigned his positions as chairman of the board, chief executive officer and president of the company, "to pursue other interests." Ray Malpocher, TRC's lead director, will oversee daily management of the company until a successor CEO has been appointed. The company will take a one-time charge associated with the management change in its fourth-quarter results.

    It's unclear at the moment what effect this may have on Coleman Cable's unsolicited bid to acquire TRC for about $36.4 million, or whether Farren's departure is in any way related to that matter.

    TRC's announcement