Business
Broadwind Stockholders Re-Elect All Seven Incumbent Director Nominees at 2023 Annual Meeting
CICERO, Ill., May 23, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of
About this update from Broadwind, Inc.
[{"type":"text","content":"CICERO, Ill., May 23, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that, based on preliminary voting tabulations provided by the Company’s proxy solicitor, Broadwind stockholders have supported the re-election of all seven Broadwind nominees to the Company’s Board of Directors (the “Board”): Eric B. Blashford, Philip J. Christman, Jeanette A. Press, David P. Reiland, Sachin M. Shivaram, Thomas A. Wagner and Cary B. Wood. Based on preliminary voting tabulations, Broadwind reports that all of its director candidates were elected by an overwhelming majority of the shares voted. The vote results are subject to certification by an independent inspector of elections. The Board issued the following statement: “We appreciate the continued, broad-based support of our stockholders, as demonstrated by the re-election of all seven of our incumbent directors. During our campaign-related engagement with the investment community, we received both positive feedback on the significant commercial and operational achievements delivered by the leadership team, together with constructive insights that will serve to drive continuous improvement in the years ahead. Looking ahead, we remain highly focused on supporting the execution of our strategic plan, while continuing to maximize value creation for our stockholders, consistent with our fiduciary duties.” The preliminary vote count provided by the Company’s proxy solicitor also indicates that Broadwind stockholders voted in favor of all other proposals submitted for a vote at the 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”). Broadwind will file final voting results with the Securities and Exchange Commission (the “SEC”) on Form 8-K once they are certified by the independent inspector of elections. Vinson & Elkins L.L.P. served as legal advisor, while Vallum Advisors and Bonifacino Advisors served as strategic advisors to Broadwind. ABOUT BROADWIND Broadwind (Nasdaq: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker...