Micropac Industries, Inc. Announces Resignation of Richard K. Hoesterey as Director
December 01, 2020 at 01:52 pm EST
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The Board of Directors accepted Richard K. Hoesterey resignation as a member of the Board of Directors of Micropac Industries, Inc., effective November 30, 2020. Such resignation related to Mr. Hoesterey's retirement. It was not related to disagreement between Mr. Hoesterey and management or the Board of Directors.
Micropac Industries, Inc. is engaged in designing, manufacturing, and distributing various types of microelectronic circuits, including solid state relays and power controllers, optoelectronic components, and sensor and display components and assemblies. The Company's products are used as components and assemblies in a broad range of military, space, medical and commercial systems, including aircraft instrumentation and navigation systems, satellite systems, power supplies, electronic controls, computers, medical devices, and high-temperature (200 degree Celsius) products. The Company's products are either custom (being application-specific circuits designed and manufactured to meet the requirements of a single customer) or standard proprietary components. It provides microelectronics, sensors and displays, and optoelectronics products, to include components and assemblies that offer a wide range of products sold to the industrial, medical, military, aerospace, and space markets.
MICROPAC INDUSTRIES, INC. 
