The Eastern Company Appoints Chan W. Galbato To Its Board of Directors

Rhea-AI Summary

The Eastern Company (NASDAQ: EML) has appointed Chan W. Galbato to its Board of Directors, effective May 1, 2025. Galbato currently serves as a Director of Electrical Components International and is a Senior Advisor to Barington Capital Group. His extensive experience includes executive and board positions at Cerberus Capital Management, NFI Group, and Albertson's Companies, as well as senior roles at Invensys plc and General Electric Company.

Galbato holds an MBA from the University of Chicago and a BA in Economics from SUNY. Chairman James Mitarotonda highlighted Galbato's decades of leadership experience, particularly his role as CEO of Cerberus Operations and Advisory Company, and his deep industry knowledge in manufacturing operations.

SHELTON, CT / ACCESS Newswire / May 5, 2025 / The Eastern Company ("Eastern" or the "Company") (Nasdaq:EML) , today announced that its Board of Directors (the "Board") has elected Chan W. Galbato to the Board, effective May 1, 2025.

Mr. Galbato currently serves as a Director of Electrical Components International, Inc., and is a Senior Advisor to Barington Capital Group, L.P. He previously served in a variety of executive and board positions at a variety of public and private companies, including Cerberus Capital Management, NFI Group and Albertson's Companies. Early in his career, he served in senior positions at Invensys plc and General Electric Company.

Mr. Galbato holds an M.B.A. degree from the University of Chicago and a B.A. degree in Economics from the State University of New York.

The Company's Chairman, James Mitarotonda, commented, "We are excited to add Mr. Galbato to the Board. He brings decades of successful experience leading portfolio companies and as Chief Executive Officer of Cerberus Operations and Advisory Company, LLC. He also brings deep insight and experience within our industry, including manufacturing operations, and we expect he will make an excellent contribution given his experience and proven leadership skills."

About The Eastern Company

The Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to markets. Eastern's businesses operate in industries that offer long-term macroeconomic growth opportunities. The Company operates from locations in the U.S., Canada, Mexico, Taiwan, and China. More information on the Company can be found at www.easterncompany.com.

Investor Relations Contacts

The Eastern Company
Ryan Schroeder or Nicholas Vlahos
203-729-2255

SOURCE: The Eastern Company

View the original press release on ACCESS Newswire

FAQ

Who is Chan W. Galbato and what is his new role at Eastern Company (EML)?

Chan W. Galbato has been appointed to Eastern Company's Board of Directors effective May 1, 2025. He is currently a Director at Electrical Components International and Senior Advisor to Barington Capital Group.

What is Chan W. Galbato's professional background before joining Eastern Company's board?

Galbato has held executive and board positions at Cerberus Capital Management, NFI Group, and Albertson's Companies. He also served in senior positions at Invensys plc and General Electric Company.

What are Chan W. Galbato's educational qualifications?

Chan W. Galbato holds an MBA from the University of Chicago and a BA in Economics from the State University of New York.

Why did Eastern Company (EML) appoint Chan W. Galbato to its board?

Eastern Company appointed Galbato for his decades of successful leadership experience, particularly as CEO of Cerberus Operations and Advisory Company, and his deep industry knowledge in manufacturing operations.