x

Posted 01 February, 2024

LAKELAND INDUSTRIES INC appointed James M. Jenkins as new CEO

Nasdaq:LAKE appointed new Chief Executive Officer James M. Jenkins in a 8-K filed on 01 February, 2024.


  On February 1, 2024, the Board of Directors (the "Board") of Lakeland Industries, Inc. ("Lakeland" or the "Company") appointed James M. Jenkins as Acting President and Chief Executive Officer in addition to his role as Executive Chairman, effective February 1, 2024.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of LAKELAND INDUSTRIES INC
Consumer Goods • Clothing
Lakeland Industries, Inc. engages in the manufacture and sale of safety garments and accessories for the industrial and public protective clothing market. It operates through the Domestic and International geographical segments. The firm's products include disposable protective clothing, chemical protective clothing, woven protective clothing, fire protective gear, heat protective clothing, reflective protective clothing, hand and arm protection, arc or fire-retardant rated rainwear, and fire-retardant protective clothing. The company was founded in April 1982 and is headquartered in Huntsville, AL.
Market Cap
$122M
View Company Details
Relevant filing section
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 1, 2024, the Board of Directors (the "Board") of Lakeland Industries, Inc. ("Lakeland" or the "Company") appointed James M. Jenkins as Acting President and Chief Executive Officer in addition to his role as Executive Chairman, effective February 1, 2024. Additionally on February 1, 2024, the Board appointed Roger D. Shannon, who currently serves as the Company's Chief Financial Officer, to the additional role as the Company's Secretary, effective February 1, 2024.


Mr. Jenkins was appointed the Company's Executive Chairman on August 30, 2023. Mr. Jenkins, age 59, has served as the Company's Board Chair since February 1, 2023, previously served as Vice Chair of the Board from June 2022 through January 2023, and has served as a director of Lakeland since September 2016. Mr. Jenkins currently serves as Chief Legal Officer, Corporate Development Officer and Corporate Secretary of Transcat, Inc. (since September 2020). Prior to joining Transcat, Mr. Jenkins was a partner at Harter Secrest & Emery LLP, a law firm located in New York State, having joined the firm in 1989 and serving as a partner from 1997 until September 2020.


There are no arrangements or understandings between Mr. Jenkins and any other person pursuant to which he has been selected to serve as Acting President and Chief Executive Officer. Mr. Jenkins does not have any family relationship with any member of the Board or executive officer of the Company, and Mr. Jenkins is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.