Douglas Dynamics Announces Board Leadership Transition
Douglas Dynamics (NYSE: PLOW), North America's leading manufacturer of work truck attachments and equipment, announced a board leadership transition. Jim Janik will step down as Chairman effective April 30, 2025, but will continue serving as a Board member. Don Sturdivant, the current Lead Director, has been appointed as the new Chairman.
Sturdivant, who has served on the Board since 2010 and as Lead Director since 2023, brings extensive experience as an Operating Partner at TruArc LLC and former CEO positions at FleetPride and Marietta Corporation. With this appointment, the company will eliminate the Lead Director role.
Douglas Dynamics (NYSE: PLOW), principale produttore nordamericano di accessori e attrezzature per veicoli da lavoro, ha annunciato un cambiamento nella leadership del consiglio di amministrazione. Jim Janik lascerà la carica di Presidente a partire dal 30 aprile 2025, ma continuerà a far parte del Consiglio come membro. Don Sturdivant, attuale Lead Director, è stato nominato nuovo Presidente.
Sturdivant, che siede nel Consiglio dal 2010 e ricopre il ruolo di Lead Director dal 2023, vanta una vasta esperienza come Operating Partner presso TruArc LLC e come ex CEO di FleetPride e Marietta Corporation. Con questa nomina, l'azienda eliminerà il ruolo di Lead Director.
Douglas Dynamics (NYSE: PLOW), el principal fabricante de accesorios y equipos para camiones de trabajo en Norteamérica, anunció una transición en el liderazgo de su junta directiva. Jim Janik dejará el cargo de Presidente a partir del 30 de abril de 2025, pero continuará como miembro de la Junta. Don Sturdivant, el actual Director Principal, ha sido nombrado nuevo Presidente.
Sturdivant, que forma parte de la Junta desde 2010 y es Director Principal desde 2023, aporta amplia experiencia como Socio Operativo en TruArc LLC y ex CEO de FleetPride y Marietta Corporation. Con este nombramiento, la empresa eliminará el puesto de Director Principal.
Douglas Dynamics (NYSE: PLOW)는 북미 최고의 작업용 트럭 부착물 및 장비 제조업체로, 이사회 리더십 변화를 발표했습니다. Jim Janik은 2025년 4월 30일부로 회장직에서 물러나지만 이사회 멤버로 계속 활동할 예정입니다. 현재 수석 이사인 Don Sturdivant가 새로운 회장으로 임명되었습니다.
2010년부터 이사회에서 활동해 온 Sturdivant는 2023년부터 수석 이사를 맡아왔으며, TruArc LLC의 운영 파트너 및 FleetPride와 Marietta Corporation의 전 CEO로서 풍부한 경험을 보유하고 있습니다. 이번 임명으로 회사는 수석 이사 직책을 폐지할 예정입니다.
Douglas Dynamics (NYSE : PLOW), principal fabricant nord-américain d'accessoires et d'équipements pour camions utilitaires, a annoncé un changement à la tête de son conseil d'administration. Jim Janik quittera son poste de président à compter du 30 avril 2025, mais continuera à siéger au conseil. Don Sturdivant, l'actuel directeur principal, a été nommé nouveau président.
Sturdivant, membre du conseil depuis 2010 et directeur principal depuis 2023, possède une vaste expérience en tant que partenaire opérationnel chez TruArc LLC et ancien PDG de FleetPride et Marietta Corporation. Avec cette nomination, la société supprimera le poste de directeur principal.
Douglas Dynamics (NYSE: PLOW), Nordamerikas führender Hersteller von Anbaugeräten und Ausrüstung für Arbeitsfahrzeuge, gab einen Führungswechsel im Vorstand bekannt. Jim Janik wird zum 30. April 2025 als Vorsitzender zurücktreten, bleibt jedoch weiterhin Vorstandsmitglied. Don Sturdivant, der derzeitige Lead Director, wurde zum neuen Vorsitzenden ernannt.
Sturdivant, der seit 2010 im Vorstand tätig ist und seit 2023 als Lead Director fungiert, bringt umfangreiche Erfahrung als Operating Partner bei TruArc LLC sowie als ehemaliger CEO von FleetPride und Marietta Corporation mit. Mit dieser Ernennung wird die Position des Lead Directors abgeschafft.
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Lead Director Don Sturdivant Appointed Chairman of the Board, Jim Janik to Continue Serving as Director
MILWAUKEE, Wis., May 01, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced a planned board leadership transition. Current Chairman of the Board, James (Jim) L. Janik, has decided to step down from his role as Chairman, effective April 30, 2025. Mr. Janik will continue to serve as a member of the Board of Directors, ensuring a smooth transition and continued strategic oversight.
The Board of Directors has appointed Don Sturdivant, the current Lead Director, to succeed Mr. Janik as Chairman.
“Jim has been a tremendous leader for Douglas Dynamics, guiding the Company through significant milestones for decades in multiple roles,” said Mark Van Genderen, President and CEO of Douglas Dynamics. “We are grateful for his ongoing service on the Board and look forward to continue benefiting from his insights.”
Don Sturdivant has served on the Board since 2010, and as Lead Director since 2023, bringing decades of strategic acumen and managerial experience. His capable leadership and understanding of the Company’s history and strategic goals make him ideally suited to lead the Board going forward.
“During my time on the Board, I’ve seen firsthand the strength of our leadership team and the opportunities ahead,” said Don Sturdivant. “I am honored to take on this new role and look forward to continuing to work closely with my fellow directors and the management team to support the Company’s long-term success.”
With Mr. Sturdivant’s appointment, the Board will no longer maintain a Lead Director role.
Don Sturdivant Bio
Mr. Sturdivant is an Operating Partner at TruArc LLC, a middle market PE Firm, and focuses on the Specialty Manufacturing Sector. He has served as Chairman at a number of the TruArc portfolio companies. He previously served as Chief Executive Officer of FleetPride, Inc., from June of 2015 through March of 2016 and served as a director at FleetPride from 2014 to 2016. Mr. Sturdivant was the Chief Executive Officer of Marietta Corporation from 2009 through 2015. He also served on the Board of Directors at Serta Simmons Bedding Company from 2010-2012.
Earlier in his career, Mr. Sturdivant held various executive leadership roles including Chief Operating Officer at Altivity Packaging and Division President roles at Graphic Packaging International and Fort James Corporation. Mr. Sturdivant holds an MBA from the Florida Institute of Technology, and a B.S. from the University of Maine and served as a Chemical Corps Officer in the United States Army.
About Douglas Dynamics
Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.
For further information contact:
Douglas Dynamics, Inc.
Nathan Elwell
Vice President of Investor Relations
847-530-0249
investorrelations@douglasdynamics.com
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