As previously announced by Douglas Dynamics, Inc. (Company) in August 2018, on January 1, 2019, James L. Janik became Executive Chairman of the company. Mr. Janik had served as the President and Chief Executive Officer of the company since 2004 and became the Chairman of the Board in 2014. Also on January 1, 2019, Robert (Bob) McCormick became President and Chief Executive Officer of the company and a member of the company's Board of Directors.

Mr. McCormick was elected by the Board to fill a vacancy created by the Board's action to increase the size of the Board to seven directors, effective as of January 1, 2019. Mr. McCormick will serve in the class of directors that will be nominated for re-election at the company's 2019 Annual Meeting of Shareholders. Mr. McCormick served as Chief Operating Officer of the company since August 2017.

Prior to becoming Chief Operating Officer, Mr. McCormick served as the company's Executive Vice President and Chief Financial Officer from September 2004 through August 2017, as the company's Secretary from May 2005 through August 2017, as the company's Assistant Secretary from September 2004 to May 2005 and as the company's Treasurer from September 2004 through December 2010.