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    James M. Jenkins

    President and Chief Executive Officer at Lakeland Industries Inc
    Board
    Since June 1, 2024
    Age
    60 years
    Education
    Holds a Bachelor of Arts from Virginia Military Institute and a Juris Doctor from West Virginia University College of Law.
    Tenure
    Joined as a director in September 2016 and has held multiple leadership roles—including Director, Chairman of the Board, Acting President and CEO, and Executive Chairman—before being appointed President and CEO on June 1, 2024.

    Also at Lakeland Industries Inc

    H(A
    Hui (Helena) An
    Chief Operating Officer
    JS
    Joshua Sletten
    Vice President of Corporate Development and Strategy
    RDS
    Roger D. Shannon
    Chief Financial Officer

    About

    James M. Jenkins is a 60-year-old executive with deep expertise in law and corporate governance, demonstrating long-standing commitment to Lakeland Industries.

    Starting his career as a partner at a regional law firm and later serving in executive roles at Transcat, Inc., he developed a strong foundation in corporate legal matters and strategic growth.

    At Lakeland, his tenure has been marked by progressive leadership roles, including serving as a Director, Vice Chair, Chairman of the Board, and Acting President and CEO, culminating in his current position as President and CEO as of June 1, 2024.

    His extensive experience and balanced approach to leadership have significantly influenced the company's strategic direction and operational excellence.

    $LAKE Performance Under James M. Jenkins

    Past Roles

    OrganizationRoleDate RangeDetails
    Lakeland IndustriesActing President and CEOFeb 1, 2024 Served as acting CEO before permanent appointment
    Lakeland IndustriesExecutive ChairmanAugust 30, 2023 Held prior to becoming permanent CEO
    Lakeland IndustriesChairman of the BoardFeb 1, 2023 - August 2023 Served before permanent CEO appointment
    Lakeland IndustriesVice Chair of the BoardJune 2022 - January 2023 Held prior to current role
    Lakeland IndustriesDirector2012 - 2015 Previously served as director
    Transcat, Inc.Chief Legal Officer, Corporate Development Officer, and Corporate SecretarySeptember 2020 - LAKE appointment Grew market capitalization by $600M and revenue by nearly $100M
    Harter Secrest & Emery LLPPartnerJanuary 1997 - September 2020 Led Securities Practice Group (2001-2020), served on the Management Committee (2007-2013), and was Partner in Charge of the NYC office (2018-2020)
    Harter Secrest & Emery LLPAssociate1989 - January 1997 Started as an associate before being elected partner

    External Roles

    OrganizationRoleDate RangeDetails
    Mars Acquisition Corp.Board MemberSince November 2021 Serves on the board
    Transcat, Inc. (Nasdaq: TRNS)General Counsel and Vice President of Corporate Development & Chief Risk OfficerSince September 2020 Advises management and the board on corporate governance and acquisition strategy

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Cash Compensation as Executive Chairman$250,000 Annual; effective September 1, 2023 Annual salary for Executive Chairman role
    One-Time Equity Award as Executive Chairman15,000 RSUs (approx. $216,000) One-time; vests on September 1, 2024 Granted under 2017 Equity Incentive Plan
    Non-Employee Director Compensation$335,166 AnnualIncludes board retainer, share grant, and additional fees
    Annual Base Salary as President and CEO$525,000 Annual; effective June 1, 2024 Base salary for President and CEO role
    LTIP Time-Based Restricted Stock Units$262,500 Vest ratably over three years Represents 50% of base salary; fixed component of LTIP
    One-Time Equity Award: Time-Based RSUs25,000 RSUs Vests in full three years from grant date Granted on June 1, 2024 as part of CEO appointment
    One-Time Equity Award: Stock Options20,000 options Vests in full three years from grant date Granted on June 1, 2024 as part of CEO appointment

    Performance Compensation

    Data from  FY 2024

    Discretionary Cash Performance Bonus as Executive Chairman

    • Amount: $150,000
    • Performance Metrics/Targets: None; bonus awarded at the discretion of the Compensation Committee due to Mr. Jenkins's role in leadership transition and extensive contributions
    • Vesting Schedule: Not applicable (cash bonus)
    • Evaluation Period: Fiscal 2024
    • Additional Details: No predefined thresholds, targets, or conditions

    LTIP Performance-Based Restricted Stock Units

    • Target Award Value: 50% of base salary; target value of $262,500
    • Performance Metrics:
      • Revenue Growth: 20%
      • EBITDA Margin: 15%
      • Return on Invested Capital: 15%
    • Payout Range:
      • Minimum: 50% of target
      • Target: 100% of target
      • Maximum: 150% of target
    • Vesting Schedule: Vests at the end of a three-year performance period on January 31, 2026
    • Evaluation Period: February 1, 2023 – January 31, 2026
    • Grant Date & Fair Value: Not specified; no grant date stock price provided