Park Aerospace Corp. announces cooperation agreement with Huffman…

Park Aerospace Corp. announces cooperation agreement with Huffman…

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NEWTON, Kan., April 20, 2023 (GLOBE NEWSWIRE) — Park Aerospace Corp. (NYSE-PKE) announced that it has entered into a collaborative agreement with Huffman Prairie Holdings, LLC and its affiliates (Huffman Prairie), under which the Company plans to nominate Shane P. Connor, Managing Partner of Huffman Prairie, for election to the Board of Directors of the Company at its forthcoming 2023 AGM.

Brian Shore, Park Chairman and CEO, said, “The Park Aerospace Board of Directors and I are delighted to welcome Shane to our Board of Directors and we look forward to working with Shane on our Board of Directors. I have known Shane for several years and based on my interactions with Shane, particularly my recent interactions with him, I have come to understand that Shane is a person of honor, character and principle. These are traits that are highly valued in Park, but in my experience are not very common in today’s world. Thank you Shane for your willingness to join Park’s board of directors.”

Shane Connor is a Managing Partner of Huffman Prairie Holdings, LLC and Windancer Holdings, LLC, both of which are major shareholders of Park Aerospace. Prior to Shane’s current positions, he worked in private and public equity for more than a decade. Shane’s experience ranges from mid-market private equity to working at multi-billion dollar small-cap and mid-cap public equity funds. Shane is a Chartered Financial Analyst and graduated Cum Laude from The Ohio State University with a BSBA in Finance. Shane grew up on a farm in the Dayton, Ohio area.

Park Aerospace Corp. develops and manufactures advanced solution and hot melt composite materials used to manufacture composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (in preparation) and lightning protection materials. Park offers a range of composite materials specifically designed for hand layup or Automated Fiber Placement (AFP)…

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