Jeffrey wortsman biography

Danier Announces Changes to Its Board of Directors

Marketwired

TORONTO, ONTARIO--(Marketwired - Oct 8, 2015) - Danier Leather Inc. (DL.TO) ("Danier" or the "Company") announced today that it is making changes to the size and composition of its board of directors (the "Board").

As part of its efforts to rationalize its operations and reduce costs, and after careful consideration and upon the recommendation of the Governance, Compensation, Human Resources and Nominating Committee (the "Governance Committee"), the Board has determined to reduce its size from six to four members.

The present term of office of Clare Copeland, Thomas Haig, Stephen Kahn and Douglas Murphy will expire immediately prior to the election of directors at Danier's upcoming annual general meeting of shareholders to be held on November 9, 2015 (the "AGM"), and each of them has decided not to stand for re-election.

In an effort to foster an appropriate level of Board refreshment, managem