DMC Global Enters into Cooperation Agreement with Bradley L. Radoff [Yahoo! Finance]
DMC Global Inc. (BOOM)
Last dmc global inc. earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
dmcglobal.com/investors
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Source: Yahoo! Finance
Radoff and his affiliate (the “Radoff Parties”), pursuant to which the Company and the Radoff Parties will identify and mutually agree to appoint a new independent director to the board of directors of DMC (the “Board”) with expertise and experience in the building products sector. Pursuant to the terms of Cooperation Agreement, the Board will promptly commence a formal search for qualified director candidates, in accordance with DMC's established process for director recruitment and with the aid of a nationally recognized executive search firm. Prior to entering into the Cooperation Agreement, consistent with the Board's refreshment practices and its retirement policy contained in DMC's Corporate Governance Guidelines, the Board determined that Robert Cohen and Richard Graff will not be renominated for election at the 2024 Annual Meeting. As a result, effective as of the 2024 Annual Meeting, the size of the Board will be reduced to seven directors, subject to increase for the app
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