Flexsteel Industries, Inc. Announces Change to Board of Directors
October 10 2023 - 4:10PM
Business Wire
Flexsteel Industries, Inc. (NASDAQ:FLXS), announced that
long-time board member Mary C. Bottie has declared her plan to
resign following the December 2023 board meeting.
“Flexsteel has been fortunate to have a director of the caliber
of Mary Bottie,” said Chair Tom Levine. “Her extensive background
in general management, global operations, marketing, and human
resources have been great assets for Flexsteel. We have valued her
leadership and insights over the past 20 years.” Levine concluded,
“We will miss her guidance and owe her our gratitude for the
significant contributions she has made to the Company.”
Ms. Bottie, formerly a Motorola Inc. Vice President holding
positions in general management, marketing, training, and
education, joined the Flexsteel board of directors in December
2003. She served as Chair of the Compensation Committee from 2015
to present, and as a member of the Nominating & Governance
Committee for eight years. She served as Chair of the Nominating
& Compensation Committee Chair for four years and as a member
of same for four years. She has also served on the Audit Committee.
“I’ve enjoyed serving on Flexsteel’s board of directors. My
resignation is not a result of any concerns I have with the board
or management. I look forward to watching the company grow as the
current and future strategies are implemented.”
About Flexsteel
Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is
one of the largest manufacturers, importers, and marketers of
residential furniture products in the United States. Product
offerings include a wide variety of furniture such as sofas,
loveseats, chairs, reclining rocking chairs, swivel rockers, sofa
beds, convertible bedding units, occasional tables, desks, dining
tables and chairs, kitchen storage, bedroom furniture, and outdoor
furniture. A featured component in most of the upholstered
furniture is a unique steel drop-in seat spring from which the name
“Flexsteel” is derived. The Company distributes its products
throughout the United States through its e-commerce channel and
direct sales force.
For more information, visit our website at
http://www.flexsteel.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231010366438/en/
INVESTOR CONTACT:
Derek Schmidt, Flexsteel Industries, Inc.
investors@flexsteel.com 563.585.8122
Flexsteel Industries (NASDAQ:FLXS)
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