The Caldwell Partners International Inc. announced that, effective July 11, 2024, Richard W. Pehlke has been appointed to the board of directors of the Company. Mr. Pehlke is a seasoned global financial executive with over 40 years of experience in public company global financial leadership roles in the business services, telecommunications, food and consumer products and commercial real estate industries. He retired in April 2018 as executive vice president and chief financial officer of Heidrick &Struggles where he also served on the firm's Executive Committee.

In 2015, the Chicago Chapter of the Financial Executive Institute named him the CFO of the Year for Mid-Cap companies. Mr. Pehlke has served as a public or private company director since 1994. Past board experiences include Ideal Industries, Edward Health Services Corp, Hudson Highland Group, New Zealand Telecom, and Belgium's Belgacom (now Proximus) and Valparaiso University.

He is also a member of the Private Directors Association. Mr. Pehlke has also served as the chief financial officer of Grubb &Ellis Company, as well as chief financial officer and a member of the board of directors of Hudson Highland Group, a publicly held global professional staffing and recruiting business. Prior to that, Mr. Pehlke held senior financial positions in the telecommunications, financial services, and food and consumer products industries.

He holds an MBA in finance and marketing from DePaul University and a BS in accounting from Valparaiso University.