Broadwind shareholders re-elect all seven incumbent director nominees…

Broadwind shareholders re-elect all seven incumbent director nominees…


CICERO, Ill., May 23, 2023 (GLOBE NEWSWIRE) — Broadwind, Inc. BWEN “Broadwind” or the “Company”)), a diversified precision manufacturer of specialty components and solutions for global markets, announced today that, based on preliminary voting charts provided by the Company’s voting attorney, Broadwind shareholders have supported the re-election of all seven Broadwind Nominees for the Company’s board of directors (the “Board of Directors”): Eric B. Blashford, Philip J. Christman, Jeanette A. Press, David P. Reiland, Sachin M. Shivaram, Thomas A. Wagner and Cary B. Holz.

Based on preliminary voting tables, Broadwind reports that all of its nominees for directorship were elected by an overwhelming majority of the votes cast. Voting results are subject to certification by an independent election inspector.

The Board of Directors issued the following statement:

“We appreciate the continued, broad-based support of our shareholders, as evidenced by the re-election of all seven of our acting directors. During our campaign engagement with the investment community, we received both positive feedback on the significant commercial and operational achievements of the leadership team, as well as constructive insights that will serve to drive continuous improvements in the years to come. Looking ahead, we remain strongly focused on supporting the execution of our strategic plan while continuing to maximize value creation for our shareholders. consistent with our fiduciary duties.

The preliminary vote count provided by the Company’s proxy attorney also shows that Broadwind shareholders voted in favor of all other proposals put to the vote at the 2023 annual meeting (the “2023 Annual Meeting”).

Broadwind will file final voting results with the Securities and Exchange Commission (the “SEC”) on Form 8-K once certified by the independent elections supervisor.

Vinson & Elkins LLP acted as legal counsel while Vallum Advisors…

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