Friday, wireless service provider LCC International Inc. (LCCI) announced the appointment of Kenneth Young to the role of President and Chief Executive. The company said it expects to return to profitability under Young's leadership. The company stock was down more than 19% following the change in management.
Young, who joined the company in 2006, was appointed President and Chief Operating Officer in May 2008 and oversaw the company's worldwide operating businesses.
Prior to this recent position, Young was Senior Vice President, Chief Marketing Officer and President of the Americas.
The company stock is currently trading down 19.57% at $0.37 on the Nasdaq.
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