Jason Industries, Inc. (NASDAQ:JASN) (NASDAQ:JASNW) (the “Company” or
“Jason”) has announced that Dr. John Rutledge will not seek re-election
at the Company’s annual shareholder meeting scheduled for May 16, 2019.
Additionally, Mr. Andrew Lampereur has been named a new director
nominee, pending a shareholder vote at the Company’s shareholder meeting.
Mr. Lampereur most recently served as Executive Vice President and Chief
Financial Officer of Actuant Corporation, whose businesses are leaders
in a broad array of niche markets including branded hydraulic tools and
solutions; specialized products and services for energy markets and
highly engineered position and motion control systems. Prior to joining
Actuant in 1993, Mr. Lampereur held various financial positions with
Fruehauf Trailer Corporation, Terex Corporation, and Price Waterhouse.
He has served on the Board of Directors of Generac Holdings, Inc. since
2014, and also previously served on the Board of Directors of Robbins &
Myers. Mr. Lampereur graduated with a Bachelor of Business
Administration from St. Norbert College.
“We are excited to nominate Andy to the Jason Board of Directors. He
brings valuable experience and insights from leading diversified
industrial manufacturing companies,” said Brian Kobylinski, Chairman and
Chief Executive Officer. “His financial acumen and public company
experience will make Andy a great addition to our board, and supports
our commitment to ongoing Board refreshment.”
These changes follow the Company’s prior announcement of the retirement
and resignation of Edgar G. Hotard from the Board of Directors, and the
reduction in size of the Company’s Board of Directors from nine to eight
members effective on February 19, 2019.
“We have been fortunate to have directors with diverse backgrounds and
expertise,” continued Kobylinski. “We thank Ed Hotard and Dr. Rutledge
for their many contributions and guidance during their tenure.”
About Jason Industries, Inc.
The Company is the parent company to a global family of manufacturing
leaders within the finishing, components, seating and automotive
acoustics markets, including Osborn (Richmond, Ind. and
Burgwald, Germany), Metalex (Libertyville, Ill.), Milsco (Milwaukee,
Wis.), and Janesville Acoustics (Southfield, Mich.). Headquartered
in Milwaukee, Wis., Jason employs more than 3,600 people in 13
countries. To learn more, please visit www.jasoninc.com.
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