The Eastern Company announced that its board of directors has appointed Mr. Mark Hernandez and Mr. Michael Mardy to the board. Mr. Hernandez serves as executive vice president at Navistar Inc, where Hernandez is responsible for global manufacturing, supply chain, and logistics. Prior to Navistar, Mr. Hernandez was an Experienced Practice Expert (manufacturing and commercial vehicles) at McKinsey &Company, focusing on business transformation.

From 1994 to 2016, Mr. Hernandez held several roles at Daimler AG and Daimler Trucks North America, where Hernandez was a member of Leadership 2020 G16, reporting to the Daimler board of management. Mr. Mardy is currently a member of the board of Vince Holdings, LuLu's Fashion Lounge, Newman's Own Inc., and Penn Medicine Princeton Health. Mardy was previously a member of the board of directors of ModusLink Global Solutions, Keurig Green Mountain, DAVIDs TEA, and True Leaf Brands.

From 2003 to 2018, Mr. Mardy served as executive vice president, chief financial officer and director of Tumi Holdings, an international manufacturer and marketer of travel goods and accessories based in South Plainfield, New Jersey. In addition to serving as an advisor to small growth companies, he has held several positions in finance working for Nabisco Brands and Keystone Foods and started his career at Coopers and Lybrand (now Pricewaterhouse Coopers) as an audit supervisor. On July 25, 2022, the Board appointed Mr. Hernandez as a member of the Nominating and Corporate Governance Committee and Mr. Mardy as a member of the Audit Committee, effective on that date.

Both Mr. Hernandez and Mr. Mardy were also appointed to the Environmental, Health, and Safety Committee, effective July 25, 2022.