Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026 
Baidu Shares Surge as Company Plans Kunlunxin AI Chip Spin-Off and Hong Kong Listing 
Disney Agrees to $10 Million Settlement Over Child Privacy Violations on YouTube 
ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China 
Royalty Pharma Stock Rises After Acquiring Full Evrysdi Royalty Rights from PTC Therapeutics 
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 
Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026 
Vanda Pharmaceuticals Wins FDA Approval for New Motion Sickness Drug After Four Decades 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro 
Boeing Secures Major $2.7 Billion U.S. Military Contract for Apache Helicopter Support 
Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026 
Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch 
Bain Capital Moves to Acquire Majority Stake in Echo Marketing 
Target Stock Rallies as Activist Interest Sparks Hopes for Strategic Change 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
Lockheed Martin Secures Nearly $500 Million in U.S. and Allied Defense Contracts 
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle 
JACKSONVILLE, Fla., March 13, 2017 -- In a release issued today by Patriot Transportation Holding, Inc. (Nasdaq:PATI), please note the headline was incorrect. It should read as above, Departure of CEO, not Departure of Chairman and CEO as previously stated. The release follows:
Patriot Transportation Holding, Inc. (NASDAQ:PATI) today announced that Thompson S. Baker II, its Chairman and Chief Executive Officer, has resigned his CEO position to accept a new position as Senior Vice-President of Vulcan Materials Company. Mr. Baker will continue to serve as the Company’s Chairman of the Board. In turn the Board has promoted our Vice-President, Robert E. Sandlin, to the President and CEO position. All of these changes are effective March 13, 2017.
John E. Anderson, the Board’s lead independent director, stated: “The Company has been extremely fortunate to have had the excellent services of Tom Baker as CEO for these past six plus years. Under his leadership, we have become an independent public company earning excellent returns on capital in some very challenging times in the transportation industry. We sincerely thank Tom for his contribution as CEO and his continuing contribution as Board Chairman.”
Contact: John D. Milton, Jr. Chief Financial Officer 904/858-9100
