On May 26, 2021, the Board of Directors (the “Board”) of The Container Store Group, Inc. (NYSE: TCS) (the “Company”) nominated Anthony Laday, Chief Financial Officer of Fogo de Chão, and Nicole Otto, former VP of Nike Direct North America, for election as Class II Directors at the 2021 Annual Meeting of Shareholders (the “Annual Meeting”), currently scheduled to take place on September 1, 2021. Upon a favorable vote by the Company’s shareholders at the Annual Meeting, Mr. Laday and Ms. Otto’s appointment to the Board will become effective as of the conclusion of the Annual Meeting.
The Board also appointed Mr. Laday to the Audit Committee and the Nominating and Corporate Governance Committee and Ms. Otto to the Culture and Compensation Committee effective as of the conclusion of the Annual Meeting.
“We are pleased our Board of Directors has nominated Anthony Laday and Nicole Otto,” said CEO, Satish Malhotra. “These distinguished individuals are subject matter experts in their respective fields and will bring unique perspectives to The Container Store and its shareholders. We extend our sincere gratitude to Melissa Reiff and Raj Sisodia for their years of service on the