Market Overview

Houston Wire & Cable Company Announces Nominations for Board of Directors


HOUSTON, April 08, 2019 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ:HWCC) announced today that its Board of Directors has nominated Margaret S. Laird to stand for election as a director at its 2019 annual meeting of stockholders on May 7.  All current directors will stand for re-election with the exception of Michael T. Campbell, a director since 2008, who is retiring from the board.

James L. Pokluda III, President and Chief Executive Officer of Houston Wire & Cable Company, said "We are delighted to have Maggie nominated to serve on our Board of Directors.  Maggie's extensive experience with digital strategies and technologies and her expertise in sales and pricing will be of great value to our company as we move forward.  We look forward to her contributions."

Ms. Laird, 42, has served as Chief Pricing Officer of Hitachi Vantara, a subsidiary of Hitachi, Ltd. that provides data-managing solutions to business enterprises, since January 2019. From 2005 until 2018, she was with Deloitte Consulting LLP in its Monitor Deloitte Strategy Practice, most recently as a Managing Director.  She received a B.A. in economics from DePauw University and an M.B.A. from Duke University.

Mr. Pokluda continued, "I am very grateful to Mike for his eleven years of service to our Board and for the thoughtful advice he has always provided to Houston Wire."  Over the term of his service, Mr. Campbell has served on several Board committees, including the Audit Committee, which he has chaired since 2009.

About the Company

With 44 years of experience in the industry, Houston Wire & Cable Company, an industrial distributor, is a large provider of products in the U.S. market. Headquartered in Houston, Texas, the Company has sales and distribution facilities strategically located throughout the United States.

Standard stock items available for immediate delivery include continuous and interlocked armor cable; instrumentation cable; medium voltage cable; high temperature wire; portable cord; power cable; primary and secondary aluminum distribution cable; private branded products, including LifeGuard™, a low-smoke, zero-halogen cable; mechanical wire and cable and related hardware, including wire rope, lifting products and synthetic rope and slings; corrosion resistant fasteners, hose clamps, and rivets.

Comprehensive value-added services include same-day shipping, knowledgeable sales staff, inventory management programs, just-in-time delivery, logistics support, customized online ordering capabilities and 24/7/365 service.

Kayla Draper
Investor Relations Coordinator & Assistant to the CEO
Direct:  713.609.2227
Fax:  713.609.2168 


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