Steel Connect, Inc. Appoints Maria Molland to the Board as A Class III Director, Effective December 1, 2019
November 25, 2019 at 04:10 pm EST
Share
On November 22, 2019, the board of directors of Steel Connect, Inc. voted to increase the size of the Board from 7 members to 8 members, effective immediately. The Board, upon the recommendation of the Nominating and Corporate Governance Committee, then appointed Maria Molland to the Board as a Class III director filling the vacancy following the increase in the size of the Board effective December 1, 2019. Ms. Molland will serve on the Human Resources and Compensation Committee and the Nominating and Corporate Governance Committee. Ms. Molland will be eligible to receive compensation for her board and committee service consistent with that provided to all non-employee directors. Prior to her current position, Ms. Molland was the Chief Executive Officer and Founder of M Squared Digital Consulting from September 2013 to January 2016 and from January 2017 to July 2017.
Steel Connect, Inc. is a holding company which operates through its subsidiary, ModusLink Corporation. The Company is an end-to-end global supply chain solutions and e-commerce provider serving clients in markets such as consumer electronics, communications, computing, medical devices, software and retail. The Company designs and executes various elements in its clients global supply chains. The Company delivers its solutions through a combination of industry expertise, service solutions, integrated operations, business processes, a wide global footprint and technology. It produces and licenses an entitlement management solution powered by its enterprise-class Poetic software, which offers a complete solution for activation, provisioning, entitlement subscription, and data collection from physical goods (connected products) and digital products. It has an integrated network of facilities located in various countries, including numerous sites throughout North America, Europe and Asia.