Management ChangeAug 5, 2026, 05:34 PM
Apogee Appoints Joseph B. Hayek and Suresh Krishna to Board
AI Summary
Apogee Enterprises, Inc. announced the election of Joseph B. Hayek and Suresh Krishna to its Board of Directors, effective August 5, 2026. Both new directors have been determined to be independent and will serve as Class II and Class III directors, respectively. They will participate in the company's non-employee director compensation program, receiving an annual cash retainer and a restricted stock award.
Key Highlights
- Joseph B. Hayek, age 54, elected as a Class II director.
- Suresh Krishna, age 57, elected as a Class III director.
- Both directors determined to be independent under Nasdaq and company standards.
- Each director will receive an annual cash retainer of $75,000.
- Each received a time-based restricted stock award of 2,454 shares.
- Stock awards vest in three equal annual installments.
- Closing price of common stock on August 5, 2026, was $42.96 per share.
Price Impact
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