Mayville, Wis.–(business telegram)–Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading US-based value-added manufacturing partner providing a full suite of services from concept to production, today announced That the Board of Directors has elected Robert (Bob) McCormick as a new Independent Director of the Company, effective immediately.
“We are pleased that Bob has accepted the invitation to join our board,” said Tim Christen, non-executive chairman of the board of directors of Mayville Engineering Company. “He is an experienced executive with a proven track record of delivering growth and a deep understanding of manufacturing and continuous improvement. As CEO of an existing public company, his operational and financial expertise will add significant value to MEC in the years ahead.” Will give
Jag Reddy, President and CEO of Mevil Engineering Company, said, “I look forward to collaborating with Bob and leveraging his experience as we work to take advantage of long-term macroeconomic trends such as reshoring and outsourcing that working in our favor. and take Lean initiatives through our MBX program.
Robert McCormick said, “I am impressed by MEC’s updated strategic direction, product portfolio and blue-chip customer relationships. I look forward to working with the Board and management team as the company executes its plans and achieves its great potential in the years ahead.
Bio and Additional Information
In his 40-year career, Mr. McCormick has led business development through a variety of senior executive roles. Since 2019, he has held the Douglas Dynamics, Inc. (NYSE: PLOW) and is a member of the Board of Directors. His previous roles at the company include Chief Operating Officer from 2017 to 2019 and Chief Financial Officer and Treasurer from 2004 to 2017.
Previously, Mr. McCormick served as CEO of Zymox Technology Inc. from 2001 to 2004. Served as President and Chief Executive Officer. Prior to this, Mr. McCormick served in various capacities at Newell Rubbermaid Corporation, including President and Vice President Group Controller from 2000 to 2001. From 1997 to 2000. While Mr. McCormick served as president at Newell Rubbermaid, he was responsible for Newell’s Miro/WareEver cookware, and as vice president group controller, he was responsible for worldwide strategic and financial responsibilities for 12 company divisions. , whose sales were higher. two billion dollars.
Mr. McCormick graduated from the University of Wisconsin – Whitewater in 1982 with a bachelor’s degree in accounting and received his CPA certification in 1984. Since 2017, he is a member of the board of directors of the non-profit organization The Parenting Network.
With the election of Mr. McCormick, the Board is comprised of eight directors, including seven independent directors.
Mr. McCormick will serve on the Audit Committee of the Board and will be among the class of directors that will be up for re-election at the 2023 Annual Meeting of Shareholders. Additional details regarding the appointment can be found in a current report on Form 8-K that will be filed with the Securities and Exchange Commission.
About Mayville Engineering Company
MEC produces metal components that are used in a wide range of heavy and medium-duty commercial vehicles, construction, powersports, agricultural, military and other products. Please visit www.mecinc.com for more information.