STOCK TITAN

Burnham Holdings, Inc. Announces New Board Member

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

On July 22, 2021, Burnham Holdings, Inc. announced the appointment of Christopher E. Pruitt to its Board of Directors, effective September 1, 2021. Mr. Pruitt is currently the President/CEO of East Penn Manufacturing, a major battery manufacturer, and brings extensive financial and leadership experience to the role. His term will conclude at the Company’s Annual Meeting in 2022, where he may be nominated for a three-year term. Burnham Holdings is a leading manufacturer of HVAC products and employs around 800 people nationwide.

Positive
  • Appointment of Christopher E. Pruitt brings extensive financial and manufacturing experience.
  • Mr. Pruitt's leadership may drive growth and continuous improvement.
Negative
  • None.

LANCASTER, Pa., July 22, 2021 /PRNewswire/ -- Burnham Holdings, Inc.'s Board of Directors has announced the appointment of Christopher E. Pruitt to the Company's Board of Directors, effective September 1, 2021. The appointment is for a term ending at the Company's Annual Meeting in 2022, at which time Mr. Pruitt will be considered for nomination for election by the shareholders to a three year term. Mr. Pruitt currently serves as President/CEO and Director of East Penn Manufacturing Co., Inc., the maker of Deka Batteries.  Located in Reading, Pennsylvania, East Penn is the largest privately held battery manufacturer in the world.  Mr. Pruitt has been with East Penn since 1994, holding various financial roles, including Controller and Chief Financial Officer.  Prior to joining East Penn, Mr. Pruitt worked as a CPA at Ernst & Young.  He holds a Bachelor's degree in Accounting from Shippensburg University.  John Lyman, Chairman of the Burnham Holdings, Inc. Board, commented "...Chris is a proven senior executive with extensive financial, manufacturing and leadership experience.  His perspective reflects diverse roles at East Penn, driving a culture of continuous improvement and growth.  He will be a valuable addition to our Board and we are honored to have him. ..."

Burnham Holdings, Inc. (Pink Sheets: BURCA) is the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers, and related HVAC products and accessories (including furnaces, radiators, and air conditioning systems) for residential, commercial, and industrial applications. Burnham Holdings, Inc. has approximately 800 employees nationwide and is headquartered in Lancaster, PA. For more information, visit www.burnhamholdings.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/burnham-holdings-inc-announces-new-board-member-301339543.html

SOURCE Burnham Holdings, Inc.

FAQ

Who is the new board member appointed by Burnham Holdings?

Christopher E. Pruitt was appointed to the Board of Directors of Burnham Holdings, Inc.

What is the background of Christopher E. Pruitt?

Christopher E. Pruitt is currently the President/CEO of East Penn Manufacturing and has extensive experience in financial roles.

When does Christopher E. Pruitt's term on the board end?

His term ends at the Company's Annual Meeting in 2022.

What is the significance of the appointment for Burnham Holdings?

The appointment is expected to enhance Burnham Holdings' leadership with Mr. Pruitt's expertise in manufacturing and finance.

What is the stock symbol of Burnham Holdings?

The stock symbol for Burnham Holdings is BURCA.

Burnham Cp Cl A

OTC:BURCA

BURCA Rankings

BURCA Latest News

BURCA Stock Data

46.89M
4.66M
8.39%
Building Products & Equipment
Industrials
Link
United States
Lancaster