Business
Broadwind Names Jeanette Press to Board of Directors
CICERO, Ill., March 27, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized
About this update from Broadwind, Inc.
[{"type":"text","content":"CICERO, Ill., March 27, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced the appointment of Ms. Jeanette A. Press to its Board of Directors (the “Board”), effective March 22, 2023. With the appointment of Ms. Press, the Board returned its size to seven members, six of whom are independent. Ms. Press will serve as a member of the Board effective immediately, and the Board has determined to nominate Ms. Press for re-election as a director at the 2023 annual meeting of stockholders (the “2023 Annual Meeting”). She will also serve as a member of both the Audit and the Governance/Nominating committees of the Board. “Jeanette is a results-driven executive with proven expertise leading business transformation, corporate development and financial reporting at respected public companies of scale,” stated Cary B. Wood, Chairman of the Board. “Following a months-long director search process, Jeanette was unanimously selected by our Governance/Nominating Committee to join our Board. Her knowledge and insights will be of significant value to our business, positioning us to drive further long-term value creation for our stockholders.” ABOUT JEANETTE PRESS Ms. Press served as the Chief Financial Officer, Controller and Principal Accounting Officer for CMC Materials, Inc. (“CMC”) (Nasdaq: CCMP), a global supplier of consumable materials primarily to semiconductor manufacturers from November 2021 until CMC’s merger with Entegris in July 2022. In that role, Ms. Press led the company’s global functions of internal audit, tax, treasury, FP&A, accounting and financial reporting. Since June 2020, Ms. Press has served as CMC’s Controller and Principal Accounting Officer. While at CMC, Ms. Press utilized her financial expertise on transforming the finance organization, strategic acquisitions and acting as the key finance leader in the sale of CMC to Entegris. Ms. Press currently serves as a Senior Advisor on the integration of the two companies. Ms. Press previously served as Vice President, Controller and Principal Accounting Officer for Univar Solutions, a global chemical distributor, and USG Corporation, a manufacturer and distributor of high-performance building systems. Prior to USG, Ms. Press served 13 yea...