SHELTON, CT — Raytech Corp. President and CEO Albert Canosa has announced he will retire effective June 1. Canosa worked for Raytech for 24 years. He became president and CEO in 1998 and served as the company’s CFO from 1986 to 1998.
Canosa will remain on Raytech’s board of directors for the remainder of his term, which expires at the company’s June 24 annual meeting.
The board has named Larry Singleton as interim president and CEO. Singleton is a principal in AlixPartners, LLC, an internationally recognized leader in providing operational and financial consulting services.
A search committee has been formed to find a permanent president and CEO.
For more information about Raytech, visit: www.raytech.com.
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