Jaime Hinojosa Resigns as Chief Financial Officer to Work in Family Business

Executive Changes - Astrotech Corporation announced the resignation of its Chief Financial Officer, Jaime Hinojosa, effective February 14, 2025 [1] - Jaime Hinojosa will continue to serve as CFO until February 14, 2025, and provide transition services through June 30, 2025 [1] - Ryan Polk has been appointed as interim Chief Financial Officer effective February 14, 2025 [1][2] Management Commentary - Jaime Hinojosa is leaving to move closer to family and work for the family business in Houston [2] - Hinojosa expressed gratitude for the opportunity to serve as CFO and highlighted the company's growth over the past decade [2] - CEO Tom Pickens praised Hinojosa's leadership in financial and regulatory reporting, and his dedication to employees, customers, and suppliers [2] Interim CFO Background - Ryan Polk has prior experience as CFO at both public and private companies [2] - Polk brings expertise in scaling companies through organic growth and acquisitions [2] Company Overview - Astrotech Corporation is a mass spectrometry company that commercializes scalable businesses through its subsidiaries [3] - Subsidiaries include 1st Detect (trace detectors for security), AgLAB (chemical analyzers for agriculture), Pro-Control (mass spectrometry for chemical manufacturing), and BreathTech (breath analysis for health screening) [3] - The company is headquartered in Austin, Texas [3]