Superior Group of Companies Announces Board Observer Program
13 Fevereiro 2024 - 6:06PM
Superior Group of Companies, Inc. (NASDAQ: SGC), is pleased to
announce the formation of a Board Observer Program.
“Diverse perspectives lead to better
decision-making and improved business outcomes”, said Michael
Benstock, Chairman of the Board of Directors and Chief Executive
Officer of SGC. “But far too often U.S. public company boards lack
that diversity. We are taking this unique step to change that
dynamic. We envision this as an annual program designed to give
governance exposure to those traditionally underrepresented in
boardrooms. While there is no expectation that the program
participants will join our board, we believe our efforts will help
more people get into the room.”
Participants in the non-voting Observer Program
will be invited and expected to attend most Board and committee
meetings and are encouraged to ask questions as well as lend their
own perspective to those meetings. The goal is to provide
participants with a firsthand understanding of the responsibilities
and dynamics involved in serving on a public company board. This
exposure is expected to contribute to their professional
development and enhance their knowledge of corporate governance
practices in order to help them be better positioned to join a
public company board.
“It is our hope that this program will be an
example that other company boards can use to help level the playing
field,” said Todd Siegel, Chair of SGC’s Corporate Governance,
Nominating & Ethics Committee.
SGC intends to select one or two new observers
each year, with each observing for twelve months. The program’s
first observer is Dr. Kelly Richmond Pope. For more information
about Ms. Pope’s unique profile, please click here.
About Superior
Group of
Companies,
Inc.
(SGC):
Established in 1920, Superior Group of Companies
is comprised of three attractive business segments each serving
large, fragmented and growing addressable markets. Across
Healthcare Apparel, Branded Products and Contact Centers, each
segment enables businesses to create extraordinary brand engagement
experiences for their customers and employees. SGC’s commitment to
service, quality, advanced technology, and omnichannel commerce
provides unparalleled competitive advantages. We are committed to
enhancing shareholder value by continuing to pursue a combination
of organic growth and strategic acquisitions. For more information
visit www.superiorgroupofcompanies.com.
Contact:
Investor Relations
investors@superiorgroupofcompanies.com
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