LINCOLN, NE – National Research Corporation (NASDAQ:NRC), a leader in commercial physical and biological research services, announced on Monday the appointment of Helen L. Hrdy as the company's new Chief Operating Officer.
Hrdy, 60, has been with National Research Corporation since 2000 and has held various leadership roles within the company. Before her appointment as COO, she served as Chief Customer Officer since January 2024. Her tenure with the company also includes serving as Chief Growth Officer from January 2020 to January 2024 and Senior Vice President, Customer Success, from January 2012 to January 2020.
The announcement was made in a filing with the Securities and Exchange Commission on Tuesday, October 15, 2024, following the decision by the company's Board of Directors on October 14, 2024. The company, headquartered in Lincoln, Nebraska, has not disclosed further details regarding the compensatory arrangements for Hrdy's new position.
Hrdy's extensive experience with National Research Corporation, spanning over two decades, has seen her rise through the ranks, indicating a strong internal leadership development strategy within the company. Her previous roles have positioned her at the forefront of customer relations and growth initiatives, key areas that are likely to be under her purview as COO.
The appointment comes at a time when the company continues to focus on enhancing its research services and expanding its market reach. National Research Corporation's commitment to leadership continuity and internal promotion may provide stability and a clear strategic direction moving forward.
InvestingPro Insights
As National Research Corporation (NRC) welcomes Helen L. Hrdy as its new COO, investors might find additional context from InvestingPro's data and tips valuable. Despite recent market challenges, with NRC's stock trading near its 52-week low and experiencing a significant year-to-date price decline of 51.21%, the company maintains a solid financial foundation.
NRC boasts a healthy gross profit margin of 61.92% for the last twelve months as of Q2 2024, indicating strong pricing power and efficient cost management. This aligns well with Hrdy's background in customer success and growth, suggesting she may leverage this strength in her new role as COO.
InvestingPro Tips highlight that NRC has been aggressively buying back shares and offers a high shareholder yield. These shareholder-friendly actions, combined with a dividend yield of 2.52%, may provide some comfort to investors during this period of stock price weakness.
For those interested in a deeper dive into NRC's financials and potential, InvestingPro offers 7 additional tips that could inform investment decisions. These insights, along with real-time metrics, are available to InvestingPro subscribers, providing a more comprehensive view of NRC's market position and future prospects.
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