On February 14, 2024, the Board of Directors of Janel Corporation appointed Joseph R. Ferrara, age 59, as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of February 15, 2024 (Effective Date). In his new role, Mr. Ferrara will act as the Company?s principal financial officer and principal accounting officer as of the Effective Date. Before joining the Company, Mr. Ferrara was the Executive Officer and Chief Financial Officer of Rubicon Technology Inc. (Rubicon) from February 2023 to October 2023.

Prior to joining Rubicon, Mr. Ferrara spent 15 years as a financial consultant to various other private companies. Prior to that Mr. Ferrara spent 17 years at Louis Dreyfus Commodities, North America, most recently as its Chief Financial Officer. Prior to that Mr. Ferrara spent five years with Ernst & Young as a senior auditor.

Mr. Ferrara has a B.S. in Accounting from the University at Albany, State University of New York and an MBA in finance and international business from New York University?s Stern School of Business.