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STATESVILLE, N.C. - Kewaunee Scientific Corporation (NASDAQ:KEQU) has appointed J. Jette Campbell, CPA, to its Board of Directors, effective September 10, 2025, according to a company statement released Thursday.
Campbell brings extensive experience from previous leadership roles at PepsiCo, Frito-Lay, and Griffin LLC, a DuPont venture. He also served as a partner at Carl Marks Advisors, working with clients across various industries.
David S. Rhind, Chairman of the Board, cited Campbell’s experience and knowledge of building materials and furniture manufacturing sectors as valuable additions to the company’s leadership team.
"Jette’s appointment adds an additional layer of strength to our Board at a time Kewaunee is focused on accelerating growth through both organic and inorganic means," said Thomas D. Hull III, President and Chief Executive Officer of Kewaunee. The company’s focus on growth is reflected in its strong financial performance, with revenue growing 18% over the last twelve months and maintaining a healthy gross margin of 29%. According to InvestingPro data, the company’s overall financial health score is rated as "GREAT."
Kewaunee Scientific, founded in 1906, designs, manufactures, and installs laboratory, healthcare, and technical furniture products. The company’s stock has shown strong momentum, delivering a 27% return over the past year, while maintaining solid liquidity with a current ratio of 2.2. Analysis from InvestingPro suggests the stock is currently undervalued. The company maintains its corporate headquarters in Statesville, North Carolina, with sales offices in the United States, India, Saudi Arabia, and Singapore. It operates three manufacturing facilities in Statesville and one in Bangalore, India.
The company recently acquired Nu Aire, a manufacturer of biological safety cabinets and other laboratory products, which has manufacturing facilities in Minnesota and partnerships in the Netherlands and China. InvestingPro subscribers can access additional insights, including 6 more ProTips and detailed financial metrics that provide a comprehensive view of Kewaunee’s growth strategy and market position.
In other recent news, Kewaunee Scientific Corporation reported fourth-quarter earnings that surpassed previous results. The company posted adjusted earnings per share of $1.95 for the quarter ending April 30, 2025, with revenue increasing by 36.1% year-over-year to $77.15 million. These strong financial results have drawn attention from investors, highlighting a period of significant growth for the company. Additionally, Kewaunee Scientific held its Annual Meeting of Shareholders, where Margaret B. Pyle and Donald F. Shaw were re-elected as Class III directors for three-year terms. Pyle received 1,633,067 votes in favor, while Shaw secured 1,730,171 votes. Both directors had 537,449 non-voting shares recorded. Shareholders also approved the appointment of the company’s auditor during the meeting. These developments reflect key actions and results for Kewaunee Scientific in recent times.
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