Lakeland Industries appoints James Jenkins as President and CEO effective June 1, 2024

LAKELAND INDUSTRIES INC

Jenkins, previously Acting CEO and Executive Chairman, formally appointed CEO; remains Executive Chairman.
Annual compensation: $525k base salary, 100% target bonus, 100% LTIP target (mix RSUs and PSUs).
Receives one-time grants: 25,000 RSUs and 20,000 options, both vesting fully on 3rd anniversary.
He will resign from Chief Legal Officer, Corporate Development Officer & Corporate Secretary roles at Transcat.
Press release highlights two fire services acquisitions completed during his acting CEO tenure.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

James M. Jenkins

President and Chief Executive Officer

LAKE · LAKELAND INDUSTRIES INC

Effective: 2024-06-01
Filed: May 20, 2024, 7:59 PM ET

On April 10, 2024, the Board of Directors (the “Board”) of Lakeland Industries, Inc. (“Lakeland” or the “Company”) appointed James M. Jenkins, our current Acting President and Chief Executive Officer and Executive Chairman, as President and Chief Executive Officer of the Company, effective June 1, 2024 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

James M. Jenkins was appointed as President and Chief Executive Officer at LAKELAND INDUSTRIES INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On April 10, 2024, the Board of Directors (the “Board”) of Lakeland Industries, Inc. (“Lakeland” or the “Company”) appointed James M. Jenkins, our current Acting President and Chief Executive Officer and Executive Chairman, as President and Chief Executive Officer of the Company, effective June 1, 2024 (the “Effective Date”).

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LAKELAND INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0001654954-24-006677

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