Global Industrial Company (GIC) has released an update.
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Thomas R. Suozzi has stepped down from the Board of Directors of Global Industrial Company due to his election to the U.S. House of Representatives, with no reported disagreements prompting his resignation. Gary S. Michel, a seasoned executive with leadership experience at companies like JELD-WEN Holding and Honeywell International, has been appointed as his independent successor. Michel, whose credentials satisfy the New York Stock Exchange and SEC’s independence criteria, will serve on the Board’s Audit and Compensation Committees until the next Annual Meeting of Stockholders.
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