Business
Rocky Mountain Chocolate Factory Files Preliminary Proxy Statement in Connection with 2021 Annual Meeting of Stockholders
Company Positioned for Long-Term Growth, Innovation, and Shareholder Value CreationAnnounces Director Slate Including New Independent Directors with
About this update from Rocky Mountain Chocolate Factory, Inc.
[{"type":"text","content":"Company Positioned for Long-Term Growth, Innovation, and Shareholder Value CreationAnnounces Director Slate Including New Independent Directors with Forward-Looking ExpertiseSummarizes Board's Actions to Deliver Board Refreshment and Accelerate Governance EnhancementsDURANGO, CO / ACCESSWIRE / August 30, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the \"Company\"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced that it has filed preliminary proxy materials with the U.S. Securities and Exchange Commission in connection with its 2021 Annual Meeting of Shareholders (the \"Annual Meeting\").As detailed in its preliminary proxy materials filed today, the Company's slate of director nominees comprises seven highly qualified individuals with a diverse set of relevant experience, qualifications and skills, six of whom are independent directors. Through the Board's ongoing refreshment program, intended to evolve the Board to best serve the short- and long-term interests of the Company and its stockholders, the directors nominated by the Board possess significant expertise across digital, product, omnichannel, e-commerce, technology, transformation, operational excellence, consumer branding, franchising and strategic planning. With the election of the Board's nominees at the Annual Meeting, greater than a majority of the Board will have been refreshed over the last two years, all of whom are independent.The slate of directors nominated by the Company's Board of Directors includes:Rahul Mewawalla, independent Chairperson, whose extensive expertise across digital, product, technology, platforms and transformative innovation aligns with the Board's strategic and operational vision for the company.Elisabeth Charles, independent director nominee, who has deep marketing, brand, omnichannel and consumer industry experience.Gabriel Arreaga, independent director nominee, who has robust operations and supply chain experiences across the retail and consumer goods sectors.Jeffrey R. Geygan, independent director, who has decades of executive leadership and financial services experience.Mary K. Thompson, independent director, who has extensive experience delivering growth and ...