Clearfield, Inc. announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors effective December 10, 2025.
Quiver AI Summary
Clearfield, Inc., a leader in community broadband fiber connectivity, has announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors, effective December 10, 2025. Ronald G. Roth, the Chairman of the Board, expressed enthusiasm about their appointments, highlighting their operational and strategic expertise which will bolster the board's strength and support the company's long-term growth. Seidel, a seasoned leader in MedTech with extensive experience in mergers and acquisitions, currently oversees a significant revenue-generating division at Medtronic. Skarvan, an accomplished CEO and Board Director, brings over 30 years of executive leadership expertise in technology and has served on multiple boards. The announcement also noted the upcoming retirement of board members Chip Hayssen and Don Hayward, who are thanked for their service. Clearfield is recognized for its fiber optic solutions that aid in bridging the digital divide and supports various sectors, including broadband operators and municipalities.
Potential Positives
- Clearfield, Inc. enhances its Board of Directors with the election of two experienced leaders, Rebecca Seidel and Kathleen Skarvan, who bring extensive operational and strategic expertise beneficial for the company's growth.
- Rebecca Seidel's background in MedTech and her success in driving growth through mergers and acquisitions can provide Clearfield with valuable insights into market expansion and innovation.
- Kathleen Skarvan's experience in high technology and transformation leadership can strengthen Clearfield's strategy in navigating financial and operational challenges while delivering shareholder value.
- The addition of these accomplished members demonstrates Clearfield's commitment to building a strong governance framework and supporting its long-term growth objectives.
Potential Negatives
- The announcement of new board members comes shortly after the retirement of long-serving members, which may raise concerns about continuity and stability in leadership.
- There is no mention of the financial performance or strategic plans of the company in the press release, which could lead to uncertainty among investors and stakeholders about the company's future direction.
- The focus on new appointments may distract from underlying operational challenges or weaknesses that the company might be facing, indicating a possible need for a leadership overhaul.
FAQ
Who are the new members of Clearfield's Board of Directors?
The new members are Rebecca Seidel and Kathleen Skarvan, effective December 10, 2025.
What roles will Rebecca Seidel and Kathleen Skarvan serve on the Board?
Rebecca Seidel will serve on the Audit and Compensation Committees, while Kathleen Skarvan will serve on the Audit and Nominating Committees.
What is Rebecca Seidel's background in the industry?
Rebecca Seidel has over 20 years of experience in MedTech, focusing on P&L leadership and growth through mergers and acquisitions.
What notable positions has Kathleen Skarvan held?
Kathleen Skarvan has served as CEO of Electromed, Inc. and has extensive experience in executive roles in high technology.
How does Clearfield contribute to broadband connectivity?
Clearfield designs and manufactures fiber optic solutions that enable broadband operators to improve connectivity and close the digital divide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CLFD Hedge Fund Activity
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Full Release
MINNEAPOLIS, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in community broadband fiber connectivity, today announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors, effective December 10, 2025.
“We are pleased to welcome Rebecca and Kathleen to Clearfield’s Board of Directors,” said Ronald G. Roth, Clearfield’s Chairman of the Board. “Both Rebecca and Kathleen bring deep operational and strategic expertise that will enhance our board’s collective strength and support Clearfield’s long-term growth. We would also like to extend our sincere thanks to Chip Hayssen and Don Hayward, who will be retiring from the Board at the end of their term in late February, for their dedicated service and their significant contributions to Clearfield’s success.”
Ms. Seidel will serve on the Company’s Audit Committee and its Compensation Committee while Ms. Skarvan will serve on the Company’s Audit Committee and its Nominating and Corporate Governance Committee.
New Board Member Biographies
Rebecca Seidel is a global P&L leader with over 20 years of experience in MedTech and is recognized as a visionary thought leader with strategic capability to drive growth through mergers and acquisitions, innovation, and market transformation. As Senior Vice President and President of Cardiac Ablation Solutions at Medtronic plc, a global $34 billion revenue medical technology company, she has overall responsibility for a $1 billion revenue business focused on pioneering medical device products and services. Ms. Seidel has a strong foundation in electrical engineering, and has successfully led the acquisition and integration of four companies totaling nearly $2 billion of investment and transformed the business from a single-product organization to a dynamic growth engine delivering next-generation care through multiple groundbreaking product launches. Leveraging her extensive experience scaling production and operational excellence, she has advanced both existing markets and created new markets to accelerate to double-digit growth. Ms. Seidel earned a Bachelor’s degree in Electrical Engineering from Milwaukee School of Engineering and a Master’s degree in Information Technology from Capella University, and was recognized in 2025 with the Milwaukee School of Engineering “Wall of Distinction Award.”
Kathleen Skarvan is an experienced Board Director, accomplished CEO, and transformational strategic leader with financial and operational discipline in B2B and B2C markets. She currently serves as a Director on two public company boards – Electromed, Inc., where she was appointed Chair in 2023 following her tenure as President and CEO from 2012 to 2023, and Citizens Community Bancorp, Inc., where she serves as Chair of the Risk Oversight Committee and as a member of the Audit Committee. Earlier in her career, Ms. Skarvan spent over 30 years in high technology executive and general management roles, including Senior Vice President and President of Hutchinson Technology’s Disk Drive Division, its largest business unit with $300 million in revenue and 3,500 employees. She is recognized for her transformational leadership style and brings a wealth of knowledge in technology products and services within highly regulated industries, delivering shareholder value through market strategy development and designing and overseeing comprehensive risk management systems. Ms. Skarvan has received numerous industry awards, including The Healthcare Technology Report’s “Top 25 Women Leaders in Medical Devices of 2021” and the Minneapolis/St. Paul Business Journal’s “Women in Business” honor in 2018. She holds a Bachelor’s degree from St. Cloud State University and is a graduate of the University of Minnesota’s Carlson School of Business Executive Program.
About Clearfield, Inc.
Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures, and distributes fiber optic management, protection, and delivery solutions that play a critical role in enabling broadband operators to close the digital divide. Our labor lite, craft-friendly platform is leveraged by community broadband, MSOs, incumbent service providers, ISPs, data centers, military, municipalities, and coops - from homes passed to homes connected faster and more efficiently. Headquartered in Minneapolis, MN, Clearfield deploys more than a million fiber ports each year. For more information, visit www.SeeClearfield.com .
Investor Relations Contact:
Greg McNiff
The Blueshirt Group
773-485-7191
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