Latham & Watkins Advises Tennant Company in Appointment of Jim Glerum and Patrick Allen to Its Board of Directors
Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, announced that James T. Glerum Jr. and Patrick Allen have been appointed to the company’s board of directors as independent directors, effective immediately. With these appointments, the board will expand in size to 11 directors, 10 of whom are independent. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperation and standstill agreement with Vision One.
Latham & Watkins LLP advised Tennant Company in connection with the agreement with Vision One with a Shareholder Activism & Takeover Defense team led by partner Christopher Drewry, Global Co‑Chair of the Shareholder Activism & Takeover Defense Practice, with associates Henna Jalal, Jack DeMeulenaere, and Andrew Johnson. Advice was also provided on securities matters by partner Michele Anderson, with associate Kate Pritchard.