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Resources Connection Names New CEO

On May 28, Irvine, Calif.-based Resources Connection (NASDAQ: RECN  ) will be losing one chief executive officer, and gaining a new one.

On Wednesday, the professional services firm announced that CEO and Executive Chairman of the Board Don Murray will give up the CEO's post next month, to be replaced by newly promoted Tony Cherbak, currently the company's president and chief operating officer.

Murray will remain executive chairman of the company. In a statement, he said he said that going forward he "will focus on client relations and will work closely with Tony on growth strategies."

Resources Connection has not yet published information on Cherbak's compensation in his new post.

Shares of the company finished the day up 1.2% to $11.08.

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Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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