Douglas Dynamics Announces Appointment of Lisa Rojas Bacus to Board of Directors
October 29, 2020 at 10:00 pm
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Douglas Dynamics, Inc. announced that the Board of Directors has elected Lisa Rojas Bacus as a director of the Company. The Company also announced that James L. (Jim) Packard has decided not to run for reelection and will retire from the Board at the end of his current term expiring at the 2021 annual meeting of stockholders. Mr. Packard has been serving as a director since 2010. Ms. Bacus previously served as Executive Vice President and Global Chief Marketing Officer at Cigna Corporation. Ms. Bacus will serve on each of the Audit, Compensation and Nominating and Corporate Governance Committees of the Board and will be in the class of directors that will be up for reelection at the 2021 annual meeting of stockholders.
Douglas Dynamics, Inc. is a manufacturer and upfitter of commercial work truck attachments and equipment. The Company operates through two segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment is engaged in manufacturing and selling snow and ice control attachments and other products sold under the FISHER, SNOWEX and WESTERN brands, as well as its vertically integrated products. It offers a range of product lines of snowplows and sand and salt spreaders for light trucks. The Work Truck Solutions segment is engaged in manufacturing municipal snow and ice control products under the HENDERSON brand and the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. Work Truck Solutions products consist of truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions, and which are typically used by end-users for work related purposes.