The Container Store Group, Inc. Announces Directorate Changes
December 23, 2021 at 11:05 am
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On December 20, 2021, Timothy Flynn notified The Container Store Group, Inc. of his resignation from the Board of Directors (the Board") and Culture and Compensation Committee of the Board, effective March 29, 2021 (the Effective Date"). On December 20, 2021 the Board elected Lisa Klinger as a Class III director of the Company, effective on the Effective Date, for a term expiring at the annual meeting of shareholders in 2022 or until her earlier death, resignation or removal. In addition, the Board appointed Ms. Klinger to serve on the Audit Committee of the Board.
The Container Store Group, Inc. is a specialty retailer of organizing solutions, custom spaces, and in-home services. The Companyâs segment includes The Container Store (TCS) and Elfa. TCS segment consists of retail stores, Website, and call center (which includes business sales), as well as its in-home services business. Elfa segment includes the manufacturing business that produces the elfa brand products that are sold domestically exclusively through the TCS segment as well as on a wholesale basis. This segment designs and manufactures component-based shelving and drawer systems and made-to-measure sliding doors. Its shelving and drawer systems are customizable for any area of the home, including closets, kitchens, offices, and garages. The Company also offers its products directly to its customers through its Website, responsive mobile site and application, call center, and in-home design specialists and organizers. Its products are offered under elfa, Avera and Preston brands.
THE CONTAINER STORE GROUP, INC. 
