James D. Mead Notifies Unifi, Inc. of His Resignation, Effective October 29, 2020, from the Company's Board of Directors and from His Position as a Member of the Corporate Governance and Nominating Committee of the Board
August 05, 2020 at 04:41 pm EDT
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On August 4, 2020, James D. Mead notified Unifi, Inc. of his resignation, effective October 29, 2020, from the Company's Board of Directors (the Board") and from his position as a member of the Corporate Governance and Nominating Committee of the Board. Mr. Mead is resigning for personal reasons and not as a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. In connection with the resignation of Mr. Mead, the Board intends to reduce its size to nine members.
Unifi, Inc. is a multinational company. The Company manufactures and sells recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets. It operates through three segments: Americas, Asia, and Brazil. The Americas and Asia segments primarily sell recycled and synthetic products to yarn manufacturers, knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets principally in North and Central America, Asia and Europe. The Brazil Segment sells recycled and synthetic products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in Brazil. It offers polyester and nylon products, and recycled solutions.
James D. Mead Notifies Unifi, Inc. of His Resignation, Effective October 29, 2020, from the Company's Board of Directors and from His Position as a Member of the Corporate Governance and Nominating Committee of the Board