Joanne Collins Smee and Vineet Nargolwala join Brady Corporation Board of Directors

Rhea-AI Summary

Brady Corporation (NYSE: BRC) appointed Joanne Collins Smee and Vineet Nargolwala to its Board of Directors on February 22, 2022. Collins Smee brings over 27 years of experience at IBM and serves as Chief Commercial Officer at Xerox. Nargolwala is Executive Vice President at Sensata Technologies, with a strong background in automotive and industrial markets. Both directors aim to enhance Brady’s focus on innovation and technology to drive growth and shareholder value.

Positive

• Collins Smee and Nargolwala bring extensive technology and leadership experience to the board.
• Their appointments reinforce Brady's commitment to innovation and growth in faster-growing markets.

Negative

• None.

MILWAUKEE, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”) announced that Joanne Collins Smee and Vineet Nargolwala will join its Board of Directors, effective February 22, 2022.

Ms. Collins Smee is Chief Commercial, Small and Medium Businesses & Channels Officer at Xerox Holdings Corporation. Prior to Xerox, she spent more than 27 years at IBM in a variety of leadership roles, most recently as General Manager, Client Service Delivery, Global Business Consulting Services. Ms. Collins Smee also served as the leader of the Technology Transformation Team for the General Services Administration of the U.S. Federal Government, where she led technology and process design teams with the primary mission to transform the way federal government agencies build, buy and use technology.

Collins Smee received a Master of Business Administration in Computer Information Systems from New York University, a Master of Arts from Columbia University and a Bachelor of Arts from Boston College.

“I am impressed with Brady’s innovative technology and the investments made by the Company in automation and research and development. Technology has been a key focus of my career and I look forward to working with the Brady leadership team and the Board of Directors to further drive this process,” said Collins Smee.

Mr. Vineet Nargolwala is Executive Vice President, Sensing Solutions for Sensata Technologies, a leading industrial technology company that develops sensors, sensor-based solutions, including controllers and software, and other mission-critical products to create valuable business insights for customers and end users. He has been with Sensata Technologies since 2013 in senior executive roles serving a broad spectrum of automotive and industrial markets. Prior to Sensata Technologies, he spent nearly 10 years at Honeywell International Inc. in a variety of leadership roles.

Nargolwala received a Master of Business Administration from Cornell University, a Master of Science in Electrical Engineering from the University of Texas at Arlington and a Bachelor of Science in Engineering from The Maharaja Sayajirao University of Baroda.

“Brady is committed to drive growth through innovation, research and development and investments in technologies to deliver shareholder value over the long-term. I’m looking forward to working with Brady’s leadership team and its Board of Directors as the Company continues to move into faster-growing end markets,” said Nargolwala.

“Joanne and Vineet’s strong leadership skills and expertise in technology make them excellent additions to the Brady Board of Directors and their election demonstrates Brady’s commitment to innovation,” said Bradley C. Richardson, Chair of Brady’s Board of Directors.

“I am pleased to welcome both Joanne and Vineet to the Brady Board of Directors. Joanne and Vineet bring deep experience in high-technology global businesses which will be invaluable to Brady as we continue to expand our offerings of higher-technology products and services,” said J. Michael Nauman, Brady’s President and Chief Executive Officer.

Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2021, employed approximately 5,700 people in its worldwide businesses. Brady’s fiscal 2021 sales were approximately $1.14 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available at www.bradyid.com.

For More Information:
Investor contact: Ann Thornton 414-438-6887
Media contact: Kate Venne 414-358-5176

FAQ

What are the backgrounds of the new directors at Brady Corporation?

Joanne Collins Smee has over 27 years at IBM and is currently with Xerox. Vineet Nargolwala is with Sensata Technologies, previously at Honeywell.

How will the new directors impact Brady's business?

Their expertise in technology and innovation is expected to strengthen Brady's growth strategy and enhance shareholder value.

When did the new board members join Brady Corporation?

Joanne Collins Smee and Vineet Nargolwala joined the Board of Directors on February 22, 2022.

What is Brady Corporation's focus area after the new board appointments?

Brady is focusing on innovation, R&D, and moving into faster-growing end markets.