IDT Appoints William Conkling to Board, Enhancing Governance
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IDT ( (IDT) ) has provided an update.
On June 9, 2026, Irwin Katsof resigned from IDT Corporation’s board of directors and its committees, with the company stating that his departure did not arise from any disagreement over operations, policies, or practices. On the same day, the board appointed industry veteran William Conkling, 55, as an independent director, with his term running until the 2026 annual stockholders’ meeting.
Conkling is expected to chair the Audit Committee, serve as the Audit Committee Financial Expert, and sit on the Compensation and Corporate Governance committees, strengthening IDT’s oversight in key areas. His background as a senior executive at Protara Therapeutics, Rafael Holdings, Immunomedics, and Novartis, along with eligibility for standard non‑employee director compensation, underscores the company’s focus on bolstering governance expertise without introducing related‑party conflicts.
Spark’s Take on IDT Stock
According to Spark, TipRanks’ AI Analyst, IDT is a Outperform.
IDT scores well on financial quality (very low leverage and improved margins) and a bullish earnings update (raised EBITDA guidance and strong segment momentum). Technicals are supportive with positive trend signals, while valuation is only moderate due to a mid-teens P/E and low dividend yield.
To see Spark’s full report on IDT stock,
click here.
More about IDT
IDT Corporation operates in the telecommunications and technology services sector, providing a range of communications and related services to consumers and businesses. The company is listed on the New York Stock Exchange and follows corporate governance standards requiring independent board members and specialized oversight committees to supervise financial reporting, compensation, and governance practices.
Average Trading Volume: 141,684
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.39B
For an in-depth examination of IDT stock, go to TipRanks’ Overview page.
