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Strattec Security Corp (STRT) Posts Positive Earnings in Fiscal Q2 2024, Reversing Prior Losses

Company Sees Net Income Improvement and Gross Margin Expansion Amidst Pricing and Efficiency Gains

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Longtime Strattec chairman replaced by director first nominated by shareholder

F. Jack Liebau Jr. has been named chairman of Glendale-based Strattec Security Corp., replacing longtime chair Harold M. Stratton II, who will serve as vice chairman of the company’s board moving forward.

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