Standex International Corporation filed a Form 8-K on October 26, 2026, disclosing the appointment of Brenna D. Preisser as a Class I director effective January 1, 2027, and the retirement of B. Joanne Edwards from the Board.

Key Highlights

  • New director appointed: Brenna D. Preisser, age 48, was appointed as a Class I director by the Board on October 22, 2026, effective January 1, 2027.
  • Retiring director: B. Joanne Edwards notified the Board on October 21, 2026, of her intention to retire, effective that same date; she has served as a director since 2018.
  • Committee assignments: Ms. Preisser has been appointed to the Compensation Committee and the Innovation and Technology Committee, effective January 1, 2027.
  • Initial term: Ms. Preisser's initial appointment expires at the Company's 2027 annual meeting of shareholders, with the Board intending to nominate her for a three-year term expiring at the 2030 annual meeting.
  • Equity award: The Compensation Committee granted Ms. Preisser a restricted stock award with a value of $150,000 under the Company's 2018 Omnibus Incentive Plan, effective January 1, 2027, vesting in full on the third anniversary of the grant date.
  • Observer period: From October 22, 2026 until her appointment becomes effective, Ms. Preisser will attend Board meetings as a non-voting observer, receiving a prorated annual cash retainer fee.

Standex Board Succession: Preisser Appointment and Edwards Retirement Details

According to the filing, Standex International Corporation (NYSE:SXI) disclosed that its Board of Directors appointed Brenna D. Preisser to serve as a Class I director, effective January 1, 2027, succeeding B. Joanne Edwards. The filing states that Ms. Edwards' retirement "is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices." Ms. Edwards served as Chair of the Nominating and Corporate Governance Committee and as a member of the Innovation and Technology Committee during her tenure on the Board.

The filing describes Ms. Preisser's appointment as "the result of a succession planning process conducted by the Nominating and Corporate Governance Committee of the Board in anticipation of Ms. Edwards' retirement." According to the filing, Ms. Preisser currently serves as Executive Vice President and President of Brunswick Boat Group of Brunswick Corporation, a position she has held since August 2024, where she leads a global boat portfolio of 18 brands and 11 manufacturing sites. Prior to that role, she served as President of Business Acceleration of Brunswick from January 2019 to August 2024, and also held the title of Chief Strategy Officer from December 2021 to January 2024. She was Brunswick's Chief Human Resources Officer from April 2016 to December 2021. The filing states she holds a B.B.A. from Ohio University and an M.B.A. from Ashland University.

The filing further states that there are "no arrangements or understandings between Ms. Preisser and any other person regarding her appointment" and "no related person transactions involving the Company and Ms. Preisser." Ms. Preisser will also enter into the Company's standard form of indemnification agreement for officers and directors, according to the filing. Her ongoing director compensation will follow the schedule most recently set forth in the Company's Proxy Statement for the Annual Meeting that occurred on October 20, 2026.

What Was Disclosed

Standex International filed an 8-K disclosing the October 22, 2026 Board appointment of Brenna D. Preisser as Class I director effective January 1, 2027, the retirement of B. Joanne Edwards, and the terms of Ms. Preisser's initial compensation and committee assignments.