NV5 Appoints Denise Dickins to Board of Directors

Rhea-AI Summary

Nev5 Global, Inc. (NASDAQ: NVEE) has appointed Dr. Denise Dickins as an Independent Director to its Board of Directors, filling the vacancy left by Michael Renshaw's resignation. Dr. Dickins, a Professor of Accounting and Auditing at East Carolina University, brings extensive financial and governance experience from her positions on various publicly traded company boards. Her credentials include a Ph.D. in Business Administration and certifications as a CPA and CIA. The company aims to enhance its governance and strategic direction with this appointment.

Positive

• Dr. Denise Dickins brings extensive experience in accounting and corporate governance to the board.
• Her appointment is expected to strengthen NV5's governance and strategic planning.

Negative

• The resignation of Michael Renshaw highlights potential internal conflicts of interest.
• Concerns may arise regarding continuity and experience gaps on the board.

HOLLYWOOD, Fla., Aug. 26, 2021 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, engineering, and environmental consulting solutions, announced today the appointment of Denise Dickins, Ph.D., CPA, CIA to the NV5 Board of Directors. Dr. Dickins is a Professor of Accounting and Auditing at East Carolina University where she teaches courses in Auditing, Corporate Governance, and Accounting Ethics.   She has served on the board of directors for several publicly traded companies in a broad array of industries including marine construction, consumer products, and financial services. Dr. Dickins was approved by the NV5 Board of Directors and will fill the board position previously held by Michael Renshaw who resigned from the Board of Directors in August 2021 due to perceived conflicts of interest.

“We are pleased to welcome Denise Dickins as an Independent Director on our Board,” said Dickerson Wright, PE, Chairman and CEO of NV5. “Her experience serving on other companies’ boards, financial leadership, and corporate governance expertise complements and aligns with our Board, and I look forward to her contributions to the long-term growth of NV5.”

Dr. Dickins is a Certified Public Accountant and Certified Internal Auditor and has published over 100 journal articles and papers examining issues in accounting, auditing, and corporate governance. She holds a Ph.D. in Business Administration from Florida Atlantic University and a Bachelor of Science in Accounting and Finance from Florida State University.

About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of compliance, technology, engineering, and environmental consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and systems. The Company focuses on multiple verticals: testing, inspection & consulting, infrastructure, utility services, buildings & program management, environmental health sciences, and geospatial technology services to deliver innovative, sustainable solutions to complex issues and improve lives in our communities. NV5 operates out of more than 100 offices nationwide and abroad.   For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on LinkedIn, Twitter, Facebook, and Instagram.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: ir@nv5.com 

FAQ

What is the significance of Dr. Denise Dickins' appointment to NVEE's Board of Directors?

Dr. Denise Dickins' appointment is significant as she brings valuable expertise in accounting and corporate governance, which can enhance NVEE's strategic direction.

Who did Dr. Denise Dickins replace on the NVEE Board?

Dr. Denise Dickins replaced Michael Renshaw, who resigned due to perceived conflicts of interest.

What qualifications does Dr. Denise Dickins have?

Dr. Dickins holds a Ph.D. in Business Administration and is a Certified Public Accountant and Certified Internal Auditor.

How might Dr. Dickins' experience impact NVEE's future?

Her experience on various boards may positively influence NVEE's governance and contribute to its long-term growth.

What are potential concerns regarding the board changes at NVEE?

The resignation of a board member may raise concerns about internal governance issues and continuity within the leadership.