Mayville Engineering Company, Inc. Announces Appointment of Robert McCormick to Board of Directors
21 Dezembro 2022 - 07:00PM
Business Wire
Mayville Engineering Company (NYSE: MEC) (the “Company” or
“MEC”), a leading U.S.-based value-added manufacturing partner that
provides a full suite of services from concept to production today
announced that the Board of Directors has elected Robert (Bob)
McCormick as a new independent director of the company, effective
immediately.
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Robert (Bob) McCormick (Photo: Business
Wire)
“We are pleased that Bob has accepted the invitation to join our
Board,” said Tim Christen, non-executive Chair of the Board of
Directors of Mayville Engineering Company. “He is an experienced
executive with a proven track record of delivering growth and a
keen understanding of manufacturing and continuous improvement. As
a current public company CEO, his operating and financial expertise
will add significant value to MEC in the coming years.”
Jag Reddy, President and Chief Executive Officer of Mayville
Engineering Company added, “I look forward to collaborating with
Bob and leveraging his experience as we work to take advantage of
the long-term macroeconomic trends such as reshoring and
outsourcing that are working in our favor and drive lean
initiatives through our MBX program.”
Robert McCormick noted, “I am impressed with MEC’s updated
strategic direction, product portfolio, and blue-chip customer
relationships. I look forward to working with the Board and
management team as the company executes its plans and achieves its
considerable potential in the years ahead.”
Bio and Additional Information
Over his 40-year career, Mr. McCormick has led business growth
through a variety of senior executive roles. Since 2019, he has
served as the President and Chief Executive Officer of Douglas
Dynamics, Inc. (NYSE: PLOW) and is a member of the Board of
Directors. His previous roles at the company include Chief
Operating Officer from 2017 to 2019, and Chief Financial Officer
and Treasurer from 2004 to 2017.
Previously, Mr. McCormick served as President and Chief
Executive Officer of Xymox Technology Inc. from 2001 to 2004. Prior
to that, Mr. McCormick served in various capacities in the Newell
Rubbermaid Corporation, including President from 2000 to 2001 and
Vice President Group Controller from 1997 to 2000. While Mr.
McCormick served as President at Newell Rubbermaid, he was
responsible for Newell's Mirro / Wearever Cookware, and as Vice
President Group Controller, he was responsible for worldwide
strategic and financial responsibilities for 12 company divisions
with sales of over two billion dollars.
Mr. McCormick graduated from the University of Wisconsin -
Whitewater with a bachelor’s degree in Accounting in 1982 and
received his CPA certificate in 1984. Since 2017, he has been a
member of the Board of Directors for non-profit organization The
Parenting Network.
With the election of Mr. McCormick, the Board consists of eight
directors, including seven independent directors.
Mr. McCormick will serve on the Audit Committee of the Board and
will be in the class of directors that will be up for reelection at
the 2023 annual meeting of shareholders. Additional details
regarding the appointment can be found in a Current Report on Form
8-K that will be filed with the Securities and Exchange
Commission.
About Mayville Engineering Company
Founded in 1945, MEC is a leading U.S.-based value-added
manufacturing partner that provides a broad range of prototyping
and tooling, production fabrication, coating, assembly and
aftermarket components. Our customers operate in diverse end
markets, including heavy- and medium-duty commercial vehicles,
construction & access equipment, powersports, agriculture,
military, and other end markets. Along with process engineering and
development services, MEC maintains an extensive manufacturing
infrastructure with 20 facilities across seven states.
MEC produces metal components that are used in a broad range of
heavy- and medium-duty commercial vehicles, construction,
powersports, agricultural, military and other products. For more
information, please visit www.mecinc.com.
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Nathan Elwell Lincoln Churchill Advisors (847) 530-0249
nelwell@lincolnchurchilladvisors.com
Mayville Engineering (NYSE:MEC)
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