Daktronics Announces Nomination of Two New Directors to Strengthen Board

Core Viewpoint - Daktronics, Inc. has announced the nomination of Mark Bowser and Neil Glat for election to its Board of Directors at the upcoming 2025 Annual Meeting of Shareholders, indicating a strategic move to enhance board capabilities and governance [1][4]. Group 1: Nominees' Background - Mark Bowser has extensive experience as a former CFO and EVP at Cox Automotive, where he led finance and strategy teams, and has a strong background in accounting, financial planning, and mergers and acquisitions [2][5]. - Neil Glat is a seasoned executive with a background in sports and entertainment, having served as President of the New York Jets and held senior roles at the NFL, focusing on corporate development and strategy [3][6]. Group 2: Board Composition Changes - The board will not nominate Kevin McDermott for re-election due to a Cooperation Agreement with Alta Fox Capital Management, marking a significant change in board composition [4]. - McDermott has been a director since 2015 and has contributed significantly as Chair of the Audit Committee and Lead Director [4]. Group 3: Company Overview - Daktronics is the world's largest supplier of large-screen video displays, electronic scoreboards, and related control systems, serving various sectors including live events and transportation [8].