James O’Leary Appointed to DMC Global’s Board of Directors
November 13 2023 - 6:00AM
DMC Global Inc. (Nasdaq: BOOM) today announced its board of
directors has elected James O’Leary as an independent director.
Mr. O’Leary joins the DMC board with nearly four
decades of executive leadership, finance and board-level
experience, principally in the construction and industrial
manufacturing industries. He is on the board of directors of
publicly traded Builders FirstSource, Inc., the nation’s largest
supplier of structural building products, value-added components,
and services to professionals in the construction, repair and
remodeling industry. He has served as chairman of Kinematics, a
global leader in creating motion control solutions for the
utility-scale solar, satellite and industrials sectors since 2015;
and as a director of privately held ProSource Plumbing Supply, a
regional provider of value-added plumbing supplies for high-growth
residential markets throughout the Southeast since 2022.
Mr. O’Leary previously served as chairman of
publicly traded BMC Stock Holdings, Inc. prior to its merger with
Builders FirstSource in 2021, after joining the board of BMC in
2014. From 2017 to 2019, he was chairman and CEO of WireCo
WorldGroup, the world's leading supplier of steel and synthetic
rope and electromechanical cable. He previously served as chairman
and CEO of Kaydon Corporation, Inc., a leading, publicly traded
manufacturer of highly engineered industrial products from 2007
until its successful sale in 2013. He joined the board of Kaydon in
2005.
David Aldous, DMC’s chairman, said, “Jim brings
a wealth of relevant experience and expertise to the DMC board, and
we are thrilled to welcome him as a new director. His insights and
guidance will be invaluable as DMC continues to execute its
strategy.”
Mr. O’Leary said, “I am honored to be joining
the DMC board at this critical point in its transformation. I am
truly excited about the opportunity to work with my fellow
directors in supporting the DMC leadership team on this exciting
journey.”
Mr. O’Leary began his career at Deloitte &
Touche LLP, and holds an M.B.A. from the Wharton School of the
University of Pennsylvania. He earned a B.B.A. from Pace University
in New York and is a CPA in the state of New York.
About DMC GlobalDMC Global is
an owner and operator of innovative, asset-light manufacturing
businesses that provide unique, highly engineered products and
differentiated solutions. DMC’s businesses have established
leadership positions in their respective markets and consist of:
Arcadia, a leading supplier of architectural building products;
DynaEnergetics, which serves the global energy industry; and
NobelClad, which addresses the global industrial infrastructure and
transportation sectors. DMC’s businesses are led by experienced,
strategically focused management teams, which are supported with
business resources and capital allocation expertise to advance
their operating strategies and generate the greatest returns. Based
in Broomfield, Colorado, DMC trades on Nasdaq under the symbol
“BOOM.” For more information,
visit: HTTP://WWW.DMCGLOBAL.COM.
CONTACT:Geoff HighVice
President of Investor Relations303-604-3924
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c5813a88-16b2-4fe5-8ad6-da032d92fd17
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