Superior Industries Announces Board Member Resignation

Superior Industries International (SUP) has shared an update.

Ransom A. Langford has stepped down as a director of Superior Industries International, with no disagreements cited. His departure led to a reduction in board members from eight to seven. Although no longer a nominee for re-election at the upcoming annual stockholders’ meeting, investment partner TPG, which holds a significant stake in the company, is expected to nominate a successor as per their previous agreement. This change does not affect the validity of previously cast proxy votes, and shareholders can still cast their votes for the remaining nominees.

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