DMC also announced that director James O’Leary has agreed to serve as executive chairman, director Ouma Sananikone has been appointed lead independent director, and David Aldous has stepped down as DMC’s independent chairman and as a member of the board. In addition, Peter Rose has decided not to stand for re-election at the company’s next annual meeting of stockholders. O’Leary joined the board in November 2023 with nearly four decades of executive leadership, finance, capital markets and board-level experience.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOOM:
- DMC Global cuts Q3 revenue view to $152M from $158M-$168M, consensus $163.23M
- DMC Global to no longer market DynaEnergetics and NobelClad, will not sell
- DMC Global price target lowered to $16 from $17 at Stifel
- DMC Global says Steel Connect has rejected requests to enter customary NDA
- Steel Connect reiterates proposal to acquire DMC Global