Business
Burnham Holdings, Inc. Declares Dividends And Announces Executive Changes
Burnham Holdings, Inc. Declares Dividends And Announces Executive Changes.
About this update from Burnham Holdings, Inc.
[{"type":"text","content":"\n\n\n\nBurnham Holdings, Inc. Declares Dividends And Announces Executive Changes\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBurnham Holdings, Inc. Declares Dividends And Announces Executive Changes\nPR Newswire\nLANCASTER, Pa., Feb. 20, 2020\n\n\n\nLANCASTER, Pa., Feb. 20, 2020 /PRNewswire/ -- Burnham Holdings, Inc., (Pink Sheets: BURCA), the parent company of fourteen subsidiaries that are leading domestic manufacturers of boilers, and related HVAC products and accessories (including furnaces, radiators, and air conditioning systems) for residential, commercial and industrial applications, today announced common stock dividends.\nAt its meeting on February 20, 2020, Burnham Holdings, Inc.'s Board of Directors declared a quarterly common stock dividend of $0.22 per share, payable on March 13, 2020, with a record date of March 6, 2020.\nThe Company has recently announced several important executive changes that will become effective as of the Annual Meeting, April 27, 2020.  Robert P. Newcomer, Chairman of the Board, will retire from the Board after serving 18 years in a variety of Board positions; including the last 2 years as Board Chairman.  We are very appreciative of the countless contributions Mr. Newcomer has made to the success of the Company.  George W. Hodges was elected the new Chairman of the Board, effective April 27, 2020.   Mr. Hodges has served as a Director of the Company since 2006, serving on several Board committees, including the Audit Committee which he currently Chairs, as well as the Nominating Committee.  Also effective April 27, 2020, Douglas S. Brossman has been named Vice Chairman of the Company.  Mr. Brossman will also continue in his role as Chief Executive Officer where he will have responsibility for corporate matters, as well as overall strategy development and implementation.\nFor further information, see our press release dated February 13, 2020 announcing financial results for the year 2019.\nBurnham Holdings, Inc.'s Annual Meeting will be held on Monday, April 27, 2020, at the Eden Resort a...