Neogen Corp. (NEOG), a food safety solutions company, on Wednesday announced that Chief Executive Officer and President John Adent will step down.
Shares of Neogen are dropping in the pre-market trading.
Adent is expected to serve in the role until a replacement.
The company's Board of Directors has created a special committee to lead the search for the company's next CEO.
In the pre-market trading, Neogen is 14.63% lesser at $6.01 on the Nasdaq.
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