Janel Corporation announced that on January 1, 2023, Dominique Schulte and Brendan J. Killackey resigned from the Board of Directors, effective January 1, 2023. Ms. Schulte also resigned as President of the Company, effective January 1, 2023. Ms. Schulte will remain with the Company as an advisor.

Mr. Killackey will remain with the Company as Chief Information Officer. On January 1, 2023, the Board, upon the recommendation of its Nominating and Corporate Governance Committee, elected Darren Seirer, age 48, to serve as a director until the next annual meeting of stockholders and until his successor is duly elected and qualifies, and appointed Mr. Seirer to serve as president of the Company, effective January 1, 2023. Furthermore, upon the recommendation of its Nominating and Corporate Governance Committee, the Board appointed Mr. Seirer to serve as the Chairman of the Board and to serve on the Board's Nominating and Corporate Governance Committee, effective January 1, 2023.Since 2019, Mr. Seirer has been a private investor and since 2021 has served as an advisor to the Company .

Mr. Seirer was previously at Select Equity Group, L.P. from 1993-2019. On January 1, 2023, the Board, upon the recommendation of its Nominating and Corporate Governance Committee, elected John Eidinger, age 42, to serve as a director until the next annual meeting of stockholders and until his successor is duly elected and qualifies, effective January 1, 2023. Furthermore, upon the recommendation of its Nominating and Corporate Governance Committee, the Board appointed Mr. Eidinger to serve as the Vice Chairman of the Board and to serve on the Board's Nominating and Corporate Governance Committee, effective January 1, 2023.

Since 2019, Mr. Eidinger has advised and assisted the Company in business development. Previously, Mr. Eidinger was a private investor. From 2011 until 2017, Mr. Eidinger was an associate portfolio manager for Select Equity Group, L.P.