Knowles Corporation (NYSE: KN) has announced the appointment of Jason Cardew as an independent director to its board of directors, expanding the board to 10 members. Cardew brings over 30 years of experience at Lear Corporation, where he currently serves as Senior Vice President and Chief Financial Officer.
As of June 18, 2024, Knowles continues to be a market leader and global provider of high-performance capacitors and radio frequency ("RF") filtering products, advanced micro-acoustic microphones and balanced armature speakers, and audio solutions, serving various markets including medtech, defense, consumer electronics, electric vehicle, industrial, and communications.
Knowles' focus on delivering innovative solutions across multiple applications, combined with unique technology and global operational expertise, has enabled the company to diversify its revenue and increase exposure to high-growth markets.
The appointment of Jason Cardew brings extensive executive, financial, and leadership experience to Knowles' board of directors, with the expectation that his insights into the automotive OEM market will benefit Knowles as it continues to focus on higher value solutions and markets to enhance shareholder value.
Mr. Cardew will also serve as a member of the audit committee of Knowles’ board of directors, further strengthening the company’s governance structure.
This appointment comes as Knowles continues to invest in high-value solutions, reflecting its commitment to enhancing shareholder value and expanding its presence in high-growth markets. As a result of these announcements, the company's shares have moved -2.0% on the market, and are now trading at a price of $17.42. For more information, read the company's full 8-K submission here.
