Douglas Dynamics adds two directors, Margaret Dano to retire
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Douglas Dynamics Inc. (NYSE: PLOW) appointed Jennifer I. Ansberry and Bradley M. Nelson as independent directors, effective immediately, according to a company statement. Margaret Dano will retire from the board effective November 1, 2025, after serving since 2012.
The changes will expand the board from seven to eight members, with six being independent directors. Both new directors will join the Audit, Compensation, and Nominating & Governance Committees. Kenneth W. Krueger will assume the role of Chair of the Nomination & Corporate Governance committee, succeeding Dano.
Ansberry currently serves as Executive Vice President, General Counsel and Secretary of Lincoln Electric (NASDAQ: LECO). She joined Lincoln Electric in 2004 and was elected to her current role in 2017. Previously, she worked as an associate at Thompson Hine LLP and Keating, Muething & Klekamp LLP. She holds a J.D. from the University of Cincinnati College of Law and a B.B.A. in accounting from the University of Cincinnati.
Nelson has served as Chief Executive Officer of MasterCraft Boat Company (NASDAQ: MCFT) since March 2024. He previously held the position of Executive Vice President and President, Commercial Segment at Oshkosh Corporation from 2021 to 2024. During his 12-year tenure at Oshkosh Corporation, he held various roles including Senior Vice President and President, Commercial Business Segment. Nelson earned an MBA from Brigham Young University and a Bachelor of Science in Business Administration from the University of Phoenix.
Douglas Dynamics manufactures commercial work truck attachments and equipment, including snow and ice control equipment sold under the FISHER, SNOWEX and WESTERN brands, as well as up-fit attachments and storage solutions under the HENDERSON and DEJANA brands.
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