Mace Security International, Inc. Announces the Resignation of Margaret D. Jordan from Board of Directors
February 20, 2024 at 05:00 pm EST
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Mace Security International, Inc. announced that Margaret D. Jordan resigned from its Board of Directors, effective February 19, 2024. Ms. Jordan reported that the responsibilities and time commitment required as a Director exceeded what had been presented when she joined the Board as well as exceeding the time she was able to provide relative to the Director compensation available from the Company. Ms. Jordan also expressed a lack of confidence in the Company's executive and Board leadership.
Ms. Jordan served on Mace's Board since October 2022 and served on the Board's Cybersecurity and Governance/Nominating Committees.
Mace Security International, Inc. is a manufacturer and provider of personal safety and security products to consumer and law enforcement markets. It operates in one business segment, the Security Segment, which sells personal safety and security products to retailers, distributors, and individual consumers. The Company also sells tactical spray products and systems to law enforcement, security professionals, correctional institutions, and military markets. It markets products through Vigilant, Tornado, and Takedown brands. It directly distributes and supports its branded products through customer channels that include selected retailers, wholesale distributors, independent dealers, e-commerce channels, and its Website, www.mace.com. The Company's product categories include gift cards, pepper gel, pepper gun, pepper spray, personal alarm, vehicle parks and accessories, dorm room safety kits and stun guns.