Ennis Inc. will not re-nominate director Michael Schaefer; nominates Wally Gruenes

ENNIS, INC.

Michael Schaefer sold 30,000 shares at near 52-week low, blocking company share repurchases.
Nominating committee decided not to recommend Schaefer for re-election at July annual meeting.
Wally Gruenes, former Grant Thornton partner, proposed for board and audit committee chair.
Schaefer's sale was for personal family reasons, not due to company financial concerns.
Company intends to resume share repurchases when circumstances permit.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Wally Gruenes

Director

EBF · ENNIS, INC.

Filed: May 7, 2025, 7:59 PM ET

the Company will present Mr. Wally Gruenes, a former National Managing Partner of Consumer and Industrial Products at Grant Thornton, for election to the Company’s Board of Directors at the annual shareholders meeting.

Departed

Michael Schaefer

Director

EBF · ENNIS, INC.

Successor: Wally Gruenes
Filed: May 7, 2025, 7:59 PM ET

Director Michael Schaefer will not be nominated for re-election at the annual shareholders meeting in July.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Wally Gruenes was appointed as Director at ENNIS, INC..

Action: presented for election
Role: Director

Exact text from the filing

the Company will present Mr. Wally Gruenes, a former National Managing Partner of Consumer and Industrial Products at Grant Thornton, for election to the Company’s Board of Directors at the annual shareholders meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Schaefer departed as Director at ENNIS, INC..

Action: will not be nominated for re-election
Role: Director

Exact text from the filing

Director Michael Schaefer will not be nominated for re-election at the annual shareholders meeting in July.

View on SEC.gov

ENNIS, INC. filing history →

Source: SEC EDGAR

accession 0000950170-25-065131

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