Yvon Cariou Retires From DMC Global’s Board of Directors
May 12 2021 - 5:19PM
DMC Global Inc. (Nasdaq: BOOM) today announced Yvon Cariou has
retired from the Company’s Board of Directors. Mr. Cariou, 75, was
appointed to DMC’s board in 2006 and was the Company’s president
and CEO from 2000 to 2013. He did not stand for reelection at
today’s annual meeting of stockholders.
Kevin Longe, president and CEO, said, “On behalf
of the board of directors and the entire DMC family, I want to
thank Yvon for his more than two decades of dedicated service to
the Company and its stakeholders. We are extremely grateful for his
many contributions, and wish him an enjoyable and rewarding
retirement.”
In anticipation of Mr. Cariou’s retirement, Ruth
Dreessen was appointed to DMC’s board as an independent director in
October 2020.
About DMCDMC Global is a
diversified holding company. Our innovative businesses provide
differentiated products and services to niche industrial and
commercial markets around the world. DMC’s objective is to identify
well-run businesses and strong management teams and support them
with long-term capital and strategic, legal, technology and
operating resources. Our approach helps our portfolio companies
grow core businesses, launch new initiatives, upgrade technologies
and systems to support their long-term strategy, and make
acquisitions that improve their competitive positions and expand
their markets. DMC’s culture is to foster local innovation versus
centralized control, and stand behind our businesses in ways that
truly add value. Today, DMC’s portfolio consists of DynaEnergetics
and NobelClad, which collectively address the energy, industrial
processing and transportation markets. Based in Broomfield,
Colorado, DMC trades on Nasdaq under the symbol “BOOM.” For more
information, visit the Company’s website at:
http://www.dmcglobal.com
CONTACT:Geoff HighVice
President of Investor Relations303-604-3924
DMC Global (NASDAQ:BOOM)
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