Clearfield CEO to Retire in 2027

By Hao Liu • Tuesday, October 20 13:03 • Permanent Link

Clearfield said Chief Executive Cheri Beranek will retire on March 31, 2027, ending a run that began when she co-founded the company in 2008. The board will begin a search for a successor, considering both internal and external candidates with a search firm.

Beranek will remain CEO until either her successor is named or her retirement date arrives. After the transition, she will stay on in a non-director role as president and chief executive officer emeritus.

The company said its fiscal 2026 fourth-quarter and full-year results are expected to come in line with the guidance it gave on Aug. 5, 2026. Clearfield is scheduled to report those results after market close on Nov. 10, 2026. The market has reacted to these announcements by moving the company's shares 3.83% to a price of $30.60. Check out the company's full 8-K submission here.

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