Star Equity Holdings, Inc. Announces Resignation of David J. Noble as Chief Operating Officer, Effective January 1, 2022
December 22, 2021 at 04:42 pm EST
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On December 22, 2021, David J. Noble and Star Equity Holdings, Inc. entered into an amendment to Mr. Nobles Employment Agreement pursuant to which Mr. Noble resigned from his position of Chief Operating Officer of the Company, effective January 1, 2022. Mr. Noble will remain with the Company in his current position as Chief Financial Officer.
Star Equity Holdings, Inc. is a diversified holding company. The Company operates through two divisions: Construction and Investments. The Construction division manufactures modular housing units for commercial and residential applications. Its Construction division operates in two businesses: modular building manufacturing, and structural wall panel and wood foundation manufacturing, including building supply retail operations. The modular building manufacturing business services the northeast United States and is operated by KBS Builders, Inc. (KBS) in Maine. The structural wall panel and wood foundation manufacturing business is operated by EdgeBuilder, Inc., and the retail building supplies are sold through Glenbrook Building Supply, Inc. (Glenbrook). Its Investments division holds its corporate-owned real estate, which includes its two manufacturing facilities in Maine that are leased to KBS and one manufacturing facility in Minnesota that is leased to Glenbrook.