[May 14, 2013] Steel Partners Holdings Updates on Proxy Contest Results at JPS Industries Tweet May 14, 2013 (Close-Up Media via COMTEX) -- Steel Partners Holdings (SPLP) announced that all four of its nominated directors were elected to board positions at JPS Industries, Inc. According to a release, the directors, each of whom will serve one-year terms, are Mikel H. Williams, who was also named JPS chief executive officer and president; Jack L. Howard, who was named chairman of the JPS board; John J. Quicke, and Alan B. Howe. Robert J. Capozzi was the lone JPS director re-elected. The results of the vote were certified upon the close of the JPS annual meeting, held April 30, in Greenville, S.C. "We are extremely pleased that the nominees we put forth were elected to serve on the JPS board, and that the day-to-day operations of the company will be headed by Mikel Williams, whose track record in leading global companies makes him the perfect choice for this role," said Warren Lichtenstein, executive chairman of SPLP. "We look forward to working with Mikel, the JPS management team and all of the company's valued employees." An investor in JPS since 2000, SPLP holds 39.3 percent, or four million, of JPS's outstanding shares. SPLP nominees elected to JPS's board: Jack L. Howard: In addition to serving as the president of SPLP, a position he has held since July 2009, Howard, a registered principal of Mutual Securities, Inc., a FINRA registered broker-dealer, has been a member of SPLP's board of directors since 2011. John J. Quicke: John Quicke currently serves on the Steel Excel Inc. board of directors, and is president and CEO of Steel Energy, a subsidiary of Steel Excel. He is also a managing director and operating partner of Steel Partners and a vice president of HNH. Mikel H. Williams: Williams has served as president, CEO and a director of DDi Corp., a provider of time-critical, technologically advanced electronics manufacturing services, from November 2005 until the sale of the company in May 2012. In addition to his experience in the electronics manufacturing industry, Williams also has served in senior executive and director roles in the telecommunications and services industries, including LNG Holdings, Global TeleSystems, Ebone Sales, GTS Broadband Services, Lightbridge Communications Corp., and Tellabs, Inc. Alan B. Howe: Howe is currently the managing partner of Broadband Initiatives, a boutique corporate advisory and consulting firm. He has also served as the interim CEO of Sunrise Telecom, Inc., and as a director of Selectica, Inc. Among the other firms where Howe has had leadership positions include Data I/O Corp., Ditech Networks, B. Riley & Co., Covad Communications Group, Inc., and Sprint Corp. ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]