– USA, IL – Broadwind Energy, Inc. (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global industries, today announced that its Board of Directors has elected Stephanie K. Kushner, currently President and CEO, as the incoming Chairman of the Board. As previously announced, Kushner will retire from her current role as President and CEO, effective March 1, 2020, while continuing to serve on the Board of Directors.
In conjunction with this leadership transition, Eric B. Blashford, incoming President and CEO of Broadwind, has been appointed to the Board of Directors. The Board appointments of both Kushner and Blashford are effective March 1, 2020.
“Stephanie is a visionary leader, one whose insights, experience and deep institutional knowledge of our organization position her as the ideal person to lead our Board as we enter our next phase of growth,” stated David Reiland. “Eric is an experienced industry executive and a leading author of our current strategy, one well suited to drive value creation for our business in the years ahead. Together, these appointments position us to ensure sound corporate governance, to further advance our strategy and to maximize long-term economic value for our shareholders.”
Kushner has served as a member of the Board of Directors since 2016. She will succeed current Board Chairman David P. Reiland, who will remain a director with the Company and continue to serve as Chairman of the Audit Committee. Cary B. Wood, who has been serving on the Board of Directors since 2016, will serve as the lead independent director.
About Broadwind Energy, Inc.
Broadwind is a precision manufacturer of structures, equipment and components for cleantech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize the performance of their investments—quicker, easier and smarter.
For more information: http://www.bwen.com
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