Insteel Industries Inc. (NYSE: IIIN) has announced the appointment of Blake Doyle to its board of directors. Ms. Doyle will serve a term that extends through the 2025 annual meeting of shareholders and will also take on responsibilities as a member of the Audit Committee.
Bringing Extensive Financial Expertise
Ms. Doyle currently serves as Managing Director at Chevy Chase Trust Company, a Maryland-based investment firm. Since joining the firm in 2016, she has held key leadership roles as Head of Institutional Sales and Head of Product Development. In this capacity, she oversees institutional client sales and firm-wide product development efforts.
Her professional background includes a tenure as Managing Director at Height Securities, LLC, an investment bank and research firm, where she led Institutional Sales and Capital Markets. Earlier in her career, Ms. Doyle worked in institutional equity sales and research at FBR Capital Markets and the Audax Group, further cementing her expertise in capital markets and institutional investor relations.
Leadership Perspective
H.O. Woltz III, President and CEO of Insteel Industries, expressed enthusiasm for Ms. Doyle’s appointment, stating:
“We are pleased to welcome Blake to our board of directors. Her extensive experience in capital markets and her work in institutional investor outreach will be a valuable addition to our board.”
With a career spanning investment banking, capital markets, and institutional sales, Ms. Doyle brings a wealth of knowledge that is expected to enhance Insteel’s strategic decision-making and financial oversight.
About Insteel Industries
Insteel Industries is the largest U.S. manufacturer of steel wire reinforcing products used in concrete construction. The company specializes in the production and marketing of prestressed concrete strand and welded wire reinforcement. This includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement, which are primarily sold to manufacturers of concrete products for nonresidential construction.
Headquartered in Mount Airy, North Carolina, Insteel operates eleven manufacturing facilities across the United States. The company’s products play a vital role in infrastructure and construction projects by providing essential reinforcement solutions that enhance the strength and durability of concrete structures.
Strategic Vision
Ms. Doyle’s addition to the board aligns with Insteel’s broader commitment to enhancing its governance structure and ensuring the company is well-positioned for continued growth. Her expertise in financial markets and investor relations will likely support Insteel’s efforts to maintain its leadership in the steel wire reinforcing sector while navigating economic and market challenges.
Insteel continues to focus on providing high-quality products that meet the demands of the construction industry. The company’s investment in innovation and operational excellence ensures its products remain integral to the success of critical infrastructure projects nationwide.
