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Atkore Inc. (NYSE:ATKR) announced the appointment of Franklin S. Edmonds, Jr. to its board of directors and its newly established Strategic Review Committee, effective November 28. The company disclosed the move in a press release statement included with a filing to the U.S. Securities and Exchange Commission.
The appointment follows a cooperation agreement entered into on November 20 between Atkore and Irenic Capital Management LP, along with certain affiliates. The company stated that Mr. Edmonds will receive compensation consistent with that of other non-employee directors, as described in Atkore’s proxy statement for its 2025 annual meeting of stockholders filed on December 13, 2024.
Atkore reported that there are no arrangements or understandings involving any persons related to Mr. Edmonds’s appointment aside from the matters referenced in a prior Form 8-K filed on November 20. The company also stated that Mr. Edmonds does not have a direct or indirect material interest in any existing or proposed transaction requiring disclosure under Item 404(a) of Regulation S-K.
Atkore Inc. is a manufacturer in the miscellaneous electrical machinery, equipment, and supplies industry and is incorporated in Delaware. The information is based on a press release statement included in the company’s SEC filing.
In other recent news, Atkore International Group Inc. reported its fourth-quarter and full-year 2025 financial results, highlighting a significant earnings miss. The company posted an EPS of $0.69, which fell short of the forecasted $1.26. However, Atkore exceeded revenue expectations with $752 million, surpassing the anticipated $737.83 million. In a separate development, Atkore announced the sale of its Tectron mechanical tube product line and associated manufacturing facility in De Pere, Wisconsin, to Lock Joint Tube. The financial details of this transaction were not disclosed. These recent developments reflect Atkore’s strategic decisions and financial performance updates.
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