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LSI Industries Inc. Announces Board of Directors Election
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
LSI Industries Inc. (NASDAQ: LYTS) appointed Ernest W. Marshall to its Board of Directors effective August 17, 2022. Marshall, currently the Executive Vice President and Chief Human Resources Officer at Eaton, brings over 22 years of global HR experience. The Board, led by Chairman Bill O’Gara, welcomes Marshall's expertise in diversity and inclusion, which is expected to enhance Board oversight in this area. Marshall has held significant HR roles, including Vice President at GE Aviation, overseeing HR for 45,000 employees.
Positive
Ernest Marshall brings over 22 years of global HR experience.
Marshall's expertise in diversity and inclusion enhances Board oversight.
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None.
CINCINNATI--(BUSINESS WIRE)--
LSI Industries Inc. (Nasdaq: LYTS), today announced that, effective August 17, 2022, Ernest W. Marshall has been elected to LSI’s Board of Directors. Mr. Marshall is Executive Vice President and Chief Human Resources Officer for Eaton, a global power management company.
“We are pleased to welcome to the Board Ernest Marshall, who brings with him an impressive background, including over 22 years of global human resources management experience,” said Bill O’Gara, Chairman of the Board. “We also welcome his leadership in diversity and inclusion, which will enhance Board oversight of this important area.”
In his role at Eaton, Ernest is responsible for the company’s human resources function, which includes leadership and organizational development, compensation and benefits, inclusion and diversity, and talent acquisition.
Prior to joining Eaton, in July of 2018, Ernest served as Vice President, Human Resources Leader for GE Aviation, with global HR responsibility for more than 45,000 employees.
Ernest holds a law degree from Indiana University – Bloomington School of Law, an MBA from Indiana University, and a Bachelor of Arts in accounting and business administration from Bellarmine University.
He currently serves on the boards of trustees for Republic Bank and Trust, the Rock & Roll Hall of Fame, Bellarmine University, and the Kindway Organization.
About LSI Industries
Headquartered in Greater Cincinnati, LSI is a publicly held company traded on the NASDAQ Stock Exchange under the symbol LYTS. The Company manufactures non-residential lighting and display solutions. Non-residential lighting consists of high-performance, American-made lighting solutions. The Company’s strength in outdoor lighting applications creates opportunities to introduce additional solutions to its valued customers. Display solutions consist of graphics solutions, digital signage, and technically advanced food display equipment for strategic vertical markets. LSI’s team of internal specialists also provide comprehensive project management services in support of large-scale product rollouts. The Company employs approximately 1,400 people at 11 manufacturing plants in the U.S. and Canada. Additional information about LSI is available at www.lsicorp.com.
Forward-Looking Statements
For details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, visit https://investors.lsicorp.com as well as our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q which contain risk factors.
Who is Ernest W. Marshall and what role will he play at LSI Industries?
Ernest W. Marshall has been elected to the Board of Directors of LSI Industries, bringing significant HR experience from Eaton and GE Aviation.
What impact will Ernest Marshall's appointment have on LSI Industries?
Marshall's appointment is expected to enhance the Board's oversight in diversity and inclusion, potentially benefiting the company's overall governance.
When was Ernest W. Marshall appointed to the Board of LSI Industries?
Ernest W. Marshall was appointed to the Board effective August 17, 2022.
What is the background of Ernest W. Marshall?
Marshall has over 22 years of HR experience and has held leadership positions at Eaton and GE Aviation.
