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Subsequent Events
6 Months Ended
Dec. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On January 31, 2023, the Company announced that Michael Ruppert, Executive Vice President, Chief Financial Officer, and Treasurer, will step down from the Company, effective February 17, 2023. Michelle McCarthy, Senior Vice President, Chief Accounting Officer, will serve as Mercury's interim Chief Financial Officer.
On January 31, 2023, the Board of Directors announced the decision to initiate a review of strategic alternatives to enhance shareholder value, including a potential sale of the Company. There can be no assurance that any transaction will be approved or consummated.
Additional details are contained in the Current Report on Form 8-K filed by the Company with the SEC on January 31, 2023.