DBM Global Inc. Announces Addition of Stacy Reyan to the Board of Directors
DBM Global Inc. has elected Stacy Reyan as a new Board member, enhancing their leadership team as they pursue growth. Current directors remain in their roles, while former director Robert V. Leffler, Jr. has completed his service. Chairman and CEO James R. Roach expressed confidence that Reyan's human resource expertise will drive shareholder value. Reyan, with over 25 years of experience in human resources, aims to align people strategies with business goals. DBM Global, based in Phoenix, Arizona, continues to provide integrated steel construction services worldwide, serving diverse markets including healthcare, commercial, and public works.
- Appointment of Stacy Reyan is expected to enhance shareholder value.
- Stacy Reyan brings over 25 years of human resource experience to the Board.
- Robert V. Leffler, Jr.'s departure may create continuity concerns.
PHOENIX, April 25, 2023 (GLOBE NEWSWIRE) -- DBM Global Inc. announces the election of new Board member – Stacy Reyan. Current Directors James R. Roach, Michael R. Hill, Wayne Barr, Jr., Brian Goldstein, Holly Cindell, and Robert B. Holland, III will also continue their service on the Board. Robert V. Leffler, Jr. has completed his service on the Board.
“The DBMG Board is excited to welcome Stacy Reyan to the Board. We believe that Stacy’s human resource experience will serve to enhance shareholder value in light of our continued growth,” commented Chairman of the Board and CEO, Mr. Roach. Mr. Roach also stated that, “We also thank Mr. Leffler for his years of service on the Board and wish him well.”
Ms. Reyan stated that “I am delighted with the appointment to the DBM Global Board and the opportunity to work with a highly-regarded group of business leaders and look forward to leveraging my human capital expertise in ways that further the Company’s future growth strategy.”
New Director Biography:
Stacy Reyan
Stacy Reyan has over a 25-year track record as a Human Resources Executive and has extensive experience utilizing the human resources function to drive business strategy and align people to achieve business goals. Ms. Reyan is currently the Chief People Officer for Bates White Economic Consulting in Washington, D.C. and previously worked for McGuireWoods LLPC and APCO Worldwide Inc. in senior human resources/executive positions. Ms. Reyan received her B.A. in Psychology from George Mason University.
About DBM Global Inc.
DBM Global Inc. is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction, and superior asset management solutions. The Company offers integrated steel construction services from a single source and professional services which include design-assist, design-build, engineering, detailing, BIM co-ordination, steel modeling/detailing, fabrication, rebar detailing, advanced field erection, project management, and state-of-the-art steel management systems. Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects. The Company, which is headquartered in Phoenix, Arizona, has operations in United States, Australia, Canada, India, New Zealand, the Philippines, Singapore, Thailand and the United Kingdom.
Contact:
DBM Global Inc.
Michael R. Hill, VP and CFO
(602) 257-7838
Email: mike.hill@dbmglobal.com
For additional information on DBM Global’s majority shareholder, INNOVATE Corp. (NYSE: VATE), please visit http://www.innovatecorp.com or contact:
Investor Relations
Solebury Trout
Anthony Rozmus
(212) 235-2691
Email: ir@innovatecorp.com
Cautionary Statement Regarding Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include information describing actions, events, results, strategies and expectations and are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans," "seeks," "estimates," "projects," "may," "will," "could," "might," or "continues" or similar expressions. The forward-looking statements in this press release include without limitation statements regarding our expectation regarding building shareholder value. Such statements are based on the beliefs and assumptions of DBM Global's management and the management of DBM Global’s subsidiaries. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company's actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on INNOVATE Corp.’s Forms 10-K, 10-Q and 8-K. These risks and other important factors discussed under the caption "Risk Factors" in INNOVATE’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), and other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release.
You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to DBM Global or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and DBM Global undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
FAQ
What is the significance of Stacy Reyan's appointment to DBM Global's Board?
Who are the current members of DBM Global's Board after the recent changes?
What experience does Stacy Reyan bring to DBM Global?
Why did Robert V. Leffler, Jr. leave DBM Global's Board?
