IEH Corporation announced William H. Craig (Mr. Craig), who served as the Chief Financial Officer and Treasurer of the company informed Mr. Dave Offerman, the president and chief executive officer of the company, that he was resigning from his position as Treasurer of the company, effective May 17, 2023. Thereafter, Mr. Offerman recommended that the board of directors of the company (the board) fill the positions of Chief Financial Officer and Treasurer of the Company, on an interim basis, by appointing Ms. Subrata Purkayastha (Ms. Purkayastha) to both positions. She currently serves as the Company's Controller.

On May 19, 2023, the Board unanimously approved (with one director absent) the appointment of Ms. Purkayastha, effective immediately, to serve as Chief Financial Officer and Treasurer of the Company, on an interim basis. Ms. Purkayastha (41) has served as Controller of the Company since November 2021. Prior to the Company, from January 2019 to May 2021, Ms. Purkayastha served as Controller of Sprouts Foods Inc., a producer and distributor of premium organic foods intended for babies and toddlers.

From July 2017 to January 2019, Ms. Purkayastha served as Accounting Manager at Sprouts Foods Inc. where she provided timely and accurate financial reporting to the Chief Executive Officer and Chief Financial Officer and private equity partners. Prior to Sprout Foods Inc., from July 2015 to June 2017, Ms. Purkayastha served as Accounting Manager of Champions Oncology Inc., a publicly-traded company engaged in the development of advanced technology solution and services to personalize the development of oncology drug development. Ms. Purkayastha holds a Bachelor of Science in Accounting from Carson-Newman University in Jefferson City, Tennessee.

Ms. Purkayastha also received a Masters in Arts degree with a focus in International Banking and Finance from Fordham University. She is also a Certified Public Accountant.