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Insteel Industries Announces Addition of Eric Zernikow to Its Board of Directors

1. Eric Zernikow appointed to IIIN's board, term until 2027. 2. Zernikow's experience at Nucor strengthens IIIN's governance.

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Why Bullish?

The appointment of a seasoned executive from Nucor could improve strategic decisions and competitive positioning for IIIN, similar to past effects seen in other companies enhancing board expertise.

How important is it?

The experience and network of the new board member may enhance IIIN's positioning in the competitive market, although immediate financial impact remains uncertain.

Why Long Term?

Governance changes typically impact performance over the long-term as strategies are implemented and their outcomes assessed.

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NUE
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that Eric Zernikow has been appointed to its board of directors. Mr. Zernikow's term runs through the 2027 annual meeting of shareholders, and he will serve on both the Executive Compensation Committee and Nominating and Governance Committee. Mr. Zernikow has served in various capacities with Nucor Corporation (“Nucor”), the nation's largest steel producer, for 22 years, most recently as General Manager of C.

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