ST. PETERSBURG, FLA. - Superior Group of Companies, Inc. (NASDAQ: SGC), known for its diverse business services, has announced the appointment of two new members to its Board of Directors. Loreen Spencer and Susan Lattmann were officially added to the board on February 12, 2024, bringing with them a substantial background in finance, accounting, and governance.
Loreen Spencer, a Certified Public Accountant, has a notable history in audit and financial services, including her tenure as an Audit Partner at Deloitte & Touche LLP until 2016. Spencer's board experience is extensive, including roles at Raymond James Bank, Typ Tap Insurance Group, Inc., and HCI Group, Inc. Her commitment to community service is evident through her involvement with organizations such as the Gift of Adoption Florida Chapter and Goodwill Industries Suncoast Inc.
Susan Lattmann, with over two decades at Bed Bath & Beyond Inc (OTC:BBBYQ). (NASDAQ: BBBY) and her current role as Chief Financial Officer for The Row, brings a wealth of experience in omni-channel and direct-to-consumer retail. Lattmann's governance expertise is reflected in her board positions at Aterian. Inc. (NASDAQ: ATER), Landsea Homes Corporation (NASDAQ: LSEA), Farmer Focus, and ArcTrust III.
SGC's CEO, Michael Benstock, expressed confidence in the appointments, stating the new directors will drive the company's segments to greater success and uphold its commitment to financial and governance excellence. Paul Mellini, Lead Director of the Board, also welcomed their insights and oversight contributions.
Concurrently, Robin Hensley, a board member since 2000, will retire and not seek re-election at the upcoming Annual Meeting of Shareholders in May 2024. Benstock acknowledged Hensley's valuable contribution to the company's growth and diversification during her tenure.
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