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Stock impact report

MRMP-Managers Announces the Election of Three of its Nominees to the Board of Directors of Barnwell Industries, Inc.

Barnwell Industries, Inc. (BRN) 
NASDAQ:AMEX Investor Relations: brninc.com
Company Research Source: Business Wire
New Board Will Have Five New Independent Directors VERO BEACH, Fla.--(BUSINESS WIRE)--MRMP-Managers LLC, Ned Sherwood and Bradley Tirpak announced today that based on the final report provided by the voting inspector, Barnwell Industries will have five new independent directors.The new independent directors include three of MRMP nominees: Phillip J. McPherson, Bradley M. Tirpak, and Douglas N. Woodrum. The other two new independent directors will be Kenneth R. Grossman and Peter J. O’Malley. Alexander C. Kinzler and Robert J. Inglima, Jr. will also continue to serve as directors.Ned Sherwood commented, “I am gratified that all of our nominees received strong support, and especially pleased our candidates received nearly every vote from non-insiders. I am delighted that the new Board of Directors will consist of five new independent members and I am certain that the reconstituted Board will immediately address what we believe are the key issues of excessive overhead and disastrous Show less Read more
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