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Mace Announces Director Resignation

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Mace Security International, Inc. (OTCQX:MACE) announces the resignation of Jayne E. Juvan from its Board of Directors, effective April 8, 2022. Ms. Juvan, who served since 2020 and chaired the Mergers & Acquisitions and Securities & Capital Markets practice group at Tucker Ellis, stepped down due to other commitments. Chairman and CEO Sanjay Singh expressed gratitude for her contributions during the company's turnaround over the past two years.

Positive
  • Jayne E. Juvan's service helped Mace navigate a turnaround over the past two years.
Negative
  • Juvan's departure may raise concerns about continuity and experience in the Board.

CLEVELAND, OH / ACCESSWIRE / April 12, 2022 / Mace Security International, Inc. (OTCQX:MACE) today announced that Jayne E. Juvan decided to resign from its Board of Directors, effective April 8, 2022.

Ms. Juvan has served on Mace's Board since 2020 and currently serves as chair of the Mergers & Acquisitions and Securities & Capital Markets practice group at Tucker Ellis and has other demanding obligations at the current time.

On behalf of our Board and Mace's management team, we thank Jayne for her service and commitment to helping the Company navigate a turnaround the last two years," stated Sanjay Singh, Chairman and Chief Executive Officer of Mace.

About Mace Security International, Inc.

Mace® Security International, Inc. (MACE) is a globally recognized leader in personal safety and security. Based in Cleveland, Ohio, the company has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand - the original trusted brand of defense spray products. The company also offers aerosol defense sprays and tactical products for law enforcement and security professionals worldwide through its Mace® Take Down® brand, KUROS!® Brand personal safety products, Vigilant® Brand alarms, and Tornado® Brand pepper spray and stun guns. MACE® distributes and supports Mace® Brand products through mass market retailers, wholesale distributors, independent dealers, Amazon.com, Mace.com, and other channels. For more information, visit www.mace.com.

Contact:

Mike Weisbarth
Chief Financial Officer
mweisbarth@mace.com

SOURCE: MACE SECURITY INTERNATIONAL INC.



View source version on accesswire.com:
https://www.accesswire.com/697087/Mace-Announces-Director-Resignation

FAQ

What prompted Jayne E. Juvan's resignation from Mace's Board?

Jayne E. Juvan resigned due to other demanding obligations.

What impact might Juvan's resignation have on Mace Security International's operations?

Her departure may lead to concerns regarding continuity and the experience gap on the Board.

When did Jayne E. Juvan resign from Mace's Board?

She resigned effective April 8, 2022.

How long did Juvan serve on Mace's Board?

She served on the Board since 2020.

MACE SECURITY INTL INC

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Security & Protection Services
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United States of America
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