On October 24, 2019, the board of directors (the “Board”) of Generac Holdings Inc. (the “Company”) elected Marcia J. Avedon, Ph.D. to serve as a Class II director of the Company, effective December 1, 2019. Ms. Avedon will fill a vacancy in the Class II directors, and her term will expire at the 2020 Annual Meeting of Stockholders along with the other Class II directors. Effective December 1, 2019, the Board also appointed Ms. Avedon to serve on the Compensation Committee.
Ms. Avedon has served as Senior Vice President of Human Resources, Communications, and Corporate Affairs for Ingersoll Rand, a global diversified industrial company, since 2007. In this role, she leads global human resources, public affairs, corporate social responsibility, communications, and strategic marketing.
Ms. Avedon will receive remuneration for serving on the Board in accordance with the Company’s Non-Employee Director Compensation Policy, the material terms of which are described under the heading “2018 Director Compensation” in the Company’s proxy statement for its 2019 annual meeting of stockholders, which was filed with the Securities and Exchange Commission on April 26, 2019.