Cardiff Lexington Corporation (OTCQB:CDIX) announced that Chairman Daniel Thompson will retire effective December 31, 2025, after 25 years of service. President and Chief Executive Officer Alex Cunningham will become the new Chairman, consolidating executive and board leadership in a move designed to streamline decision‑making and align governance with the company’s growth strategy.
Thompson, who has guided the company through a period of rapid expansion, praised the progress made under his tenure. “It has been a great honor to serve as Chairman of the Board of Directors for Cardiff Lexington,” he said. “After 25 years, the time has come for me to step back, but I do so with immense pride in what we have built together.” Cunningham, who has led the company for ten years, expressed confidence in the next phase: “On behalf of Cardiff Lexington’s management team and Board of Directors, I would like to extend our sincerest gratitude to Daniel for his years of dedicated service and contributions. Daniel leaves this post with the business positioned for considerable growth in 2026 and beyond.”
Cardiff Lexington’s core business is the acquisition and operation of middle‑market niche healthcare companies, primarily in orthopedics, spine care, and pain management. Its main operating subsidiary, Nova Ortho and Spine, delivered $11.88 million in revenue and $2.15 million in EBITDA over the last twelve months, representing a 57.91% year‑over‑year increase. The company’s strategy of acquiring and integrating such subsidiaries has driven this growth, while its lien‑based model provides a stable revenue stream. The announcement also highlighted the company’s consideration of an uplisting to a major U.S. exchange, a move that could broaden its investor base and improve liquidity.
The transition underscores Cardiff Lexington’s focus on strengthening governance and aligning executive incentives with long‑term shareholder value. By consolidating the CEO and Chairman roles, the board signals a commitment to decisive leadership and a clearer strategic direction. The potential uplisting, coupled with the company’s robust financial performance, positions Cardiff Lexington to capitalize on continued demand for orthopedic services in Florida and Georgia, where Nova Ortho and Spine operates. The company’s recent insider transaction—Thompson’s conversion of preferred stock into common shares—further aligns his interests with those of common shareholders, reinforcing confidence in the new leadership structure.
Cardiff Lexington’s valuation stands at approximately $35.32 million, with a stock price of $1.77, reflecting a 42.9% decline over the past year. While the announcement does not directly influence short‑term trading activity, the leadership change and potential uplisting are likely to be viewed positively by investors seeking a company with a clear growth trajectory and improved governance. The company’s continued focus on strategic acquisitions and operational excellence positions it well to sustain momentum in the competitive orthopedic services market.
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