SCI Engineered Materials, Inc. Announces Management Transition
SCI Engineered Materials (OTCQB: SCIA) announced a management transition with the resignation of Shelby Yohn as Chief Financial Officer, a role she has held since April 2, 2026.
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Rhea-AI Summary
SCI Engineered Materials (OTCQB: SCIA) announced a management transition with the resignation of Shelby Yohn as Chief Financial Officer, a role she has held since April 2, 2026. She remains Director of Accounting and will continue as Principal Financial and Accounting Officer, Treasurer and Assistant Secretary until a new CFO is elected.
According to SCI Engineered Materials, an executive search firm has been engaged to conduct a national search for the new CFO, and former CFO Jerry Blaskie has been retained as a consultant to oversee financial operations during the transition.
Positive
- Director of Accounting retains principal financial and accounting officer roles
- Executive search firm engaged for national Chief Financial Officer search
- Former CFO hired as consultant to oversee financial operations
Negative
- CFO Shelby Yohn resigns after just over four months in role
- Uncertain timeline until a new Chief Financial Officer is elected
Details
News Market Reaction – SCIA
On Aug 13, the day this news came out, SCIA closed 2.22% below the previous close.
Data tracked by StockTitan Argus for the Aug 13 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
COLUMBUS, OH / ACCESS Newswire / August 13, 2026 / SCI Engineered Materials, Inc. (OTCQB:SCIA) announces a management transition. Ms. Shelby Yohn resigned today as Chief Financial Officer, a position she held since April 2, 2026, and will remain with SCI as the Director of Accounting. She will continue to be the Company's Principal Financial and Accounting Officer, Treasurer and Assistant Secretary until a new CFO is elected.
An executive search firm has been engaged to conduct a national search for SCI's new Chief Financial Officer. The Company has retained Jerry Blaskie, SCI's former CFO, as a consultant during this period to oversee the Company's financial operations.
About SCI Engineered Materials, Inc.
SCI Engineered Materials is a global supplier and manufacturer of advanced materials for PVD thin film applications and works closely with end users and OEMs to develop innovative, customized solutions. Additional information is available at www.sciengineeredmaterials.com or follow SCI Engineered Materials, Inc. at:
https://www.linkedin.com/company/sci-engineered-materials.-Inc
https://www.facebook.com/sciengineeredmaterials/
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Those statements include, but are not limited to, all statements regarding intent, beliefs, expectations, projections, customer guidance, forecasts, plans of the Company and its management. These forward-looking statements involve numerous risks and uncertainties, including without limitation, other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10-K for the year ended December 31, 2025. One or more of the factors has affected and could affect the Company's projections in the future. Therefore, there can be no assurances that the forward-looking statements included in this press release will prove to be accurate. Due to the significant uncertainties in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company, or any other persons, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements.
Contact:
Robert Lentz
(614) 439-6006
SOURCE: SCI Engineered Materials, Inc.
View the original press release on ACCESS Newswire
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