Boston Omaha Corporation (NYSE: BOC) announced the resignation of Bradford B. Briner from the company's board of directors, effective December 31, 2024, as he assumes the position of Treasurer of the State of North Carolina effective January 1, 2025. Mr. Briner was elected to the position of treasurer in the November 2024 general election.
Adam K. Peterson, the company’s president and chief executive officer, praised Mr. Briner's contribution, noting that his "business sense, foresight, intelligence, and analytical skills have earned him the respect of our board and officers and employees."
In response to his resignation, Mr. Briner expressed his excitement for his new role and his enjoyment of working with the Boston Omaha management team and fellow board members. He also expressed his enthusiasm for Boston Omaha’s future and his intention to continue as a long-term stockholder of the company.
Boston Omaha Corporation is a public holding company with four majority-owned businesses engaged in outdoor advertising, broadband telecommunications services, surety insurance, and asset management. Following these announcements, the company's shares moved -1.9%, and are now trading at a price of $14.18. If you want to know more, read the company's complete 8-K report here.