Lindsay Corporation Announces Intention to Nominate Marvin Washington to Board of Directors at 2027 Annual Meeting
Business Wire•05/11/2026•16:15 ET
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Key Highlights
- ➤Marvin Washington nominated as Lindsay’s third new independent director since 2022
- ➤Board would expand to nine directors, including eight independents, upon Washington’s election
- ➤Lindsay reached cooperation agreement with Vision One Fund including standstill and voting provisions
- ➤Lindsay will propose declassifying its Board over a three-year period, subject to stockholder approval
Expert Statements
Robert Brunner, Chairman of Lindsay Corporation
“We look forward to welcoming Marvin to the Board and benefiting from his significant experience in audit, risk and cybersecurity oversight. We believe Marvin’s skill sets will be additive as management and the Board continue to execute on the Company’s strategy and drive long-term value for stockholders amid a dynamic macroeconomic environment.”
Lindsay Corporation Announces Intention to Nominate Marvin Washington to Board of Directors at 2027 Annual Meeting
Lindsay Corporation (NYSE: LNN) (“Lindsay” or the “Company”), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced its intent to nominate Marvin E. Washington for election as an independent director to Lindsay’s Board of Directors (the “Board”) at the Company’s Fiscal 2027 Annual Meeting of Stockholders (the “2027 Annual Meeting”).
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