Business
Lakeland Industries Appoints Investment Industry Veteran Nikki Hamblin to Board of Directors
DECATUR, AL / ACCESSWIRE / February 24, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of
About this update from Lakeland Industries, Inc.
[{"type":"text","content":"DECATUR, AL / ACCESSWIRE / February 24, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the \"Company\" or \"Lakeland\"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced the appointment of investment industry veteran Nikki Hamblin to its Board of Directors (the \"Board\"). The appointment increases the number of directors to seven, five of whom are independent.Christopher J. Ryan, Executive Chairman of Lakeland Industries, commented, \"We are pleased to have Nikki join our Board to enhance our sound governance and solid succession planning. Her appointment and the increased size of our Board are integral to our broader strategy of strengthening our overall leadership as we set our sights on continued growth and market expansion.\"Charles D. Roberson, President and Chief Executive Officer of Lakeland Industries, added, \"Nikki's extensive background in financial planning and asset management, investment risk, mergers and acquisitions (\"M&A\"), and investment and shareholder returns, combined with her leadership experience, will serve as an important complement to the talent of our existing Board members. We welcome Nikki's contributions to position Lakeland as a leading and expanding global provider of industrial personal protective equipment.\"Nikki Hamblin brings to Lakeland more than 20 years of experience in the investment industry, M&A, risk management, asset allocation and business strategy. Ms. Hamblin has spent over 15 years in various roles of ascending responsibility with Manning & Napier Advisors (NYSE: MN), a publicly traded investment management firm with approximately $20 billion in assets under management, including serving as a member of the Committee for Diversity & Inclusion (CDI) and the CDI, Recruitment & Retention Sub-committee. She also has served as an investment banker specializing in middle-market private and publicly owned M&A transactions, and provided financial advisory services to for-profit, not-for-profit, and publicly traded companies. She obtained a Bachelor of Science degree from Syracuse University and a Master of Business Administration with a concentration in finance from the William E. Simon Graduate School of Business Administration at the University of Rochester. In addition to att...