On May 16, 2023, John Kozlowski will be leaving Lannett Company, Inc. to pursue other opportunities. In consideration of the extended notice period, his 15 years loyal service and customary releases, he will be separated without cause from his position as Vice President of Finance, Chief Financial Officer and Principal Accounting Officer. The company has in place succession plans for all its key employees and is currently reviewing succession planning alternatives to address the chief financial officer role after Mr. Kozlowski's departure .