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8-K - 8-K - SMITH MIDLAND CORP | smid-form8k_bod20181205.htm |
Smith-Midland Adds Global Executive to Board
MIDLAND,
Va. – December 10, 2018 — The Smith-Midland Corporation
(OTCQX: SMID) today announced the election of Mr. James Russell
Bruner to its Board of Directors. Mr. Bruner was Chief Executive
Officer and President of Maersk Line, Limited (MLL) from 2014 to
2017. MLL is an American company, headquartered in Virginia, and
part of the global shipping consortium Maersk Group. MLL provides
U.S. flag transportation, ship management and maritime technical
services to government and commercial customers.
Mr.
Bruner joined Maersk Group in 1989 and has held various leadership
positions in both North and South America. Prior to his role as CEO
and President of MLL, Mr. Bruner served as CEO and President of
Maersk, Inc., and President of Maersk South America, Ltd. He also
currently serves as a Director of MLL.
A
native of Baltimore, Maryland, Mr. Bruner attended Bridgewater
College in Virginia. He is a graduate of the University of Michigan
Executive Program and Harvard Business School’s Advanced
Management Program. Mr. Bruner serves on the Bridgewater College
Board of Trustees, and previously served for the University of
Denver Intermodal Transportation Institute’s Board of
Directors.
“Mr.
Bruner’s extensive operational experience, board and
committee experience, as well as financial expertise is a great
asset for our Board of Directors” said Ashley Smith, CEO of
the Smith-Midland Corporation. “His independent voice will
help Smith-Midland with its growth strategy and continue our focus
on safety, employee development, and product innovation, resulting
in the enhancement of long-term shareholder
value.”
“Smith-Midland
has never forgotten that the customer comes first,” said
Bruner. “The company remains focused on delivering high
quality products on time while continually lowering costs, and I am
delighted to join the Smith-Midland board.”
Mr.
Bruner will be replacing long-term board member Mr. G.E.
“Nick” Borst. Mr. Bruner was elected as the chairman of
the audit committee and as a member of the compensation committee.
Mr. Borst has been a stockholder in the Smith-Midland Corporation
since 2001, an advisory board member since 2005, and a Board
Director since 2013.
“Nick
has served Smith-Midland extremely well,” said Rodney Smith,
Chairman. “His input and foresight will be
missed.”
About Smith-Midland Corporation - Smith-Midland Corporation
is a publicly traded company (OTCQX: SMID). Smith-Midland develops,
manufactures, and sells a broad array of precast concrete products
for use primarily in the construction, transportation, and
utilities industries. Smith-Midland Corporation has three
manufacturing facilities located in Midland, Va., Reidsville, N.C.,
and Columbia, S.C. Easi-Set Worldwide, a wholly-owned subsidiary of
Smith-Midland Corporation, licenses the production and sale of J-J
Hooks and other Easi-Set precast products and provides
diversification opportunities to the precast industry worldwide,
(800) 547-4045, www.easiset.com.
For more information, please call (540) 439-3266 or visit
www.smithmidland.com.
Investor
Inquiries: AJ Krick, 540-439-3266 investors@smithmidland.com