Comtech Appoints Lloyd A. Sprung to Board of Directors

Monday, Aug 18, 2025 5:12 pm ET1min read

Comtech Telecommunications Corp. has appointed Lloyd A. Sprung to its Board of Directors, effective August 18, 2025. Mr. Sprung has over three decades of experience in corporate finance, capital markets, and restructuring, having held senior roles at Evercore and UBS. He is currently the managing member of LAS Advisors, an independent financial and strategic advisory firm.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has appointed Lloyd A. Sprung to its Board of Directors, effective August 18, 2025. Mr. Sprung brings over three decades of experience in corporate finance, capital markets, and restructuring, having held senior roles at Evercore and UBS. He is currently the managing member of LAS Advisors, an independent financial and strategic advisory firm.

Mr. Sprung's appointment comes at a crucial time for Comtech, which recently reported improved operating performance in the third quarter and completed several financing transactions. Ken Traub, Chairman, President, and CEO of Comtech, expressed his pleasure in welcoming Mr. Sprung, stating that the company believes his valuable perspective will support their operational, financial, and strategic initiatives to enhance shareholder value.

Mr. Sprung, 55, is the founder of LAS Advisors, which he established in January 2024. Prior to this, he served as Managing Director at UBS from August 2017 to December 2023, where he led the Restructuring and Private Debt Advisory practices. Before joining UBS, he held senior executive positions at Evercore and Miller Buckfire. He obtained his Bachelor of Arts degree in Economics from the University of Pennsylvania and a Master of Business Administration as a Baker Scholar from Harvard Business School.

Comtech Telecommunications Corp. is a leading provider of satellite and space communications technologies, terrestrial and wireless network solutions, Next Generation 911 (NG911) and emergency services, and cloud native capabilities to commercial and government customers around the world. The appointment of Mr. Sprung underscores Comtech's commitment to strengthening its board and leveraging his extensive experience to drive the company's strategic initiatives.

References:
[1] https://www.stocktitan.net/news/CMTL/comtech-appoints-lloyd-a-sprung-to-its-board-of-cuphosiivq38.html
[2] https://www.marketbeat.com/instant-alerts/ubs-group-issues-positive-forecast-for-realty-income-nyseo-stock-price-2025-08-15/

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