Omega Flex, Inc. announced that Dean W. Rivest will replace Mr. Hoben as Chief Executive Officer of the Company, reporting to Mr. Hoben, effective January 1, 2024. Mr. Rivest, age 54, has been employed by the Company since 2000, and most recently was President since 2022, providing leadership over operations of the Company, and Executive Vice President from 2020 to 2022, responsible for manufacturing and engineering for all products, as well as sales and marketing for the industrial and MediTrac® products. Prior to that, Mr. Rivest was Vice President and General Manager of the industrial and MediTrac® products since 2005.

Mr. Hoben, age 77, served as the Company?s Chairman since 2019 and Chief Executive Officer since 2007, and as President from 2005 to 2018. He has served as a director of the Company since 1996, and as a director and chairman of the Company?s United Kingdom subsidiary since 2001. Mr. Hoben is also a director of Taco Comfort Solutions, Inc., an HVAC manufacturer, and has over 30 years of experience in the sale and distribution of flexible metal hose products in positions of increasing scope and responsibility.