Smith & Wesson Brands, Inc. Announces Two New Appointments to Its Board of Directors
May 03, 2021 at 03:00 pm EDT
Share
Smith & Wesson Brands, Inc. announced that the Board of Directors has appointed Fred M. Diaz, former President and CEO of Mitsubishi Motors North America, Inc., and Denis G. Suggs, CEO of LCP Transportation LLC, to the Board of Directors, effective May 3, 2021. With the addition of Mr. Suggs and Mr. Diaz, the company’s Board of Directors now consists of eight directors, seven of whom are independent. At this time, neither Mr. Diaz nor Mr. Suggs have been added to any of the Board’s committees. Mr. Diaz served as President and Chief Executive Officer of Mitsubishi Motor North America, Inc. from 2018 to 2020 and as General Manager, Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Tokyo, Japan from 2017 to 2018. Mr. Diaz served in various executive level positions with Nissan North America Inc. for four years and Chrysler Corporation LLC for 24 years as the President and Chief Executive Officer of both the Ram Truck Brand and Chrysler of Mexico. Mr. Diaz currently serves on the board of directors of SiteOne Landscape Supply, Inc. Mr. Suggs has served as the Chief Executive Officer of LCP Transportation LLC since 2020 and as President and Chief Executive Officer of Strategic Materials, Inc. from 2014 to 2020. Mr. Suggs previously served in executive capacities with Belden, Inc., Danaher Corporation, and Public Storage Inc. Mr. Suggs currently serves on the board of Patrick Industries.
Smith & Wesson Brands, Inc. is a manufacturer and designer of firearms. The Company manufactures a range of handguns (including revolvers and pistols), long guns (including modern sporting rifles, pistol caliber carbines, and lever action rifles), handcuffs, firearm suppressors, and other firearm-related products. It sells its products to a variety of customers, including firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the United States and throughout the world. The Company sells its products under the Smith & Wesson, and Gemtech brands. The Company also provides manufacturing services, including forging, machining, and precision plastic injection molding services. The Company manufactures its products at its facilities in Springfield, Massachusetts; Houlton, Maine; Deep River, Connecticut, and Maryville, Tennessee.