NN, Inc. Announces Changes to Board of Directors

About this update from Nn, Inc.

[{"type":"text","content":" CHARLOTTE, N.C., Dec. 8, 2020 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that Jeri Harman has been named Board Chairman, effective January 4, 2021. She will succeed Robert Brunner, who will continue to serve on NN's Board as a Director. \nMr. Brunner commented, \"NN's recently completed strategic transformation has enabled the Company to begin a new stage as a financially strengthened organization, better positioned to compete globally in industrials end markets. I look forward to continuing to support NN through this next phase of growth as a Director, and I am confident that under Jeri and the management team's leadership, NN will further advance its strategic growth plans and create long-term value for all stakeholders.\" \nWarren Veltman, President & Chief Executive Officer, added, \"Over the past three years as Chairman, Bob has been instrumental as we implemented our strategic transformation, and I am looking forward to continuing to work alongside him in the Director capacity. As the Company continues to build upon the progress made, Jeri's leadership and deep financial knowledge will be invaluable as we continue our efforts to best position the Company for success.\"\nMs. Harman was appointed to the NN Board of Directors in February 2019, bringing extensive capital markets knowledge and more than 30 years of financing experience to her role. Her strategic insights and financial expertise helped guide NN throughout the strategic review process, which culminated in the Company's sale of its Life Sciences division in October. Ms. Harman is Founder & Chairman of Avante Capital Partners, a women and minority-owned private credit and structured equity fund. She has served on numerous boards over her career, and in addition to her role on NN's Board, currently serves on the board of Engineered Performance Technologies, a consumer-focused automotive aftermarket performance products company. \nMs. Harman commented, \"I am honored to be appointed Chairman of NN's Board. Bob's leadership has been influential in creating the more nimble and focused organization that NN is today, and I look forward to continuing to work closely with him, the Board and NN leadership to continue building on our collective efforts to strengthen NN's position as a leading diversified industrial company.\" ...

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