Business
National Presto Industries : Election of Directors and Officer at Annual Stockholder Meeting
National Presto Industries : Election of Directors and Officer at Annual Stockholder
About this update from National Presto Industries, Inc.
[{"type":"text","content":"\n NEWS RELEASE CONTACT: David Peuse\n \n \n FOR IMMEDIATE RELEASE (715) 839-2146\n \n \n \n NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES ELECTION OF DIRECTORS AT ITS ANNUAL STOCKHOLDER MEETING AND THE BOARD'S ELECTION OF SHANE STRAW AS ITS VICE PRESIDENT OF ENGINEERING\n \n \n Eau Claire, Wisconsin (May 20, 2026) - The stockholders of National Presto Industries, Inc. (NYSE: NPK) re-elected Randy F. Lieble and Joseph G. Stienessen to new three-year terms as directors at the May 19, 2026, annual stockholders meeting. The stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026, and in a non-binding vote, the stockholders approved the compensation of the Company's named executive officers. During the meeting, Maryjo Cohen, President and CEO, revealed a change in strategy with respect to its sourcing of Housewares/Small Electric appliances. Rather than attempting to move all products from China to other countries, the segment would instead focus on the placement of new products in other jurisdictions. Finally, during the meeting, new Safety and Housewares segment products were introduced to the stockholders. Both sets of products are described below.\n \n \n During the Board meeting, the directors elected Shane Straw, Sr. as the Vice President of Engineering. Mr. Straw had been the Housewares/Small Appliance segment's Director of Engineering since July 2025. Prior to joining Presto, he was the Executive Director of Engineering at Springs Windows Fashion in Madison, WI, and successively at Lippert Automotive in Eau Claire, WI, Director - Engineering and Supplier Quality, Director -Manufacturing Engineering and Quality, Director - Engineering and Testing, Director of Production. In commenting on Mr. Straw's new position, Ms. Cohen stated, \"Shane Straw's background in all aspects of consumer products including innovation, quality control, manufacturing, and sourcing make him the ideal candidate for his new role. Presto is fortunate to have him on our team.\"\n \n \n The Safety segment displayed the ten Rely FX™ fire extinguishers and four heavy-duty brackets officially announced on May 1. Eight of the ten extinguishers are dry chemical extinguishers in sizes ranging from four to twenty pounds, all of which are made in the U.S.A. The dry...