Newpark Resources enters cooperation agreement with Radoff, appoints Donnie Young to board

NPK International Inc.

Appoints Donald Young to Board effective March 1, 2022; Board increases by one.
Incumbent director will not stand for re-election; diverse independent director with transactional/industrials expertise to be nominated.
BLR agrees to standstill (9.9% cap) and voting obligations per Board recommendation (except certain ISS contrary proposals).
Strategic review continues with J.P. Morgan to explore portfolio reshaping opportunities.

item 1.01 item 5.02 item 9.01

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Appointed

Donald Young

Director

NPKI · NPK International Inc.

Filed: February 18, 2022, 6:59 PM ET

Except for the Cooperation Agreement, the Conditional Resignation Letter and the Questionnaire, there are no arrangements or understandings between the Company and Mr. Young pursuant to which Mr. Young will be appointed to the Board

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.9

Donald Young was appointed as Director at NPK International Inc..

Action: appointed
Role: Director

Exact text from the filing

Except for the Cooperation Agreement, the Conditional Resignation Letter and the Questionnaire, there are no arrangements or understandings between the Company and Mr. Young pursuant to which Mr. Young will be appointed to the Board

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NPK International Inc. filing history →

Source: SEC EDGAR

accession 0000071829-22-000009

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