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Mr. Rickertsen has been a member of the Board since October 2002. Mr. Rickertsen is currently managing partner of Pine Creek Partners LLC and Iris Partners LLC, each a private equity investment firm, positions he has held since January 2004.
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https://www.strategy.com/investor-relations/board-of-directors/carl-rickertsen
Director of what? Directors at most companies are mid level. Unless he’s one of the six working on the treasury company, it’s not news imo. He’s just the biggest seller because none of the head guys sold.