공시 • Mar 25
Comstock Inc. Announces Board and Committee Changes, Effective March 24, 2026
Comstock Inc. announced the appointment of Donald A. Colvin, Steven Y. Pei and Robert M. Spence as independent directors to the Company's Board of Directors, effective March 24, 2026. Mr. Colvin will serve on the Company’s Audit and Finance Committee once necessary approvals have been obtained, bringing world-class financial oversight credentials and direct solar sector board leadership experience to that role. Walter "Del" Marting Jr. will serve as Non-Executive Chairman of the Board during a transition period, with Kristin Slanina to assume the Non-Executive Chair following the Company's 2027 Annual Meeting of Shareholders. Mr. Nance and Mr. Marting have each committed not to stand for re-election at the Company's 2027 Annual Meeting of Shareholders, reflecting their desire to support a smooth and orderly board transition as the Company enters its next phase of growth. Donald A. Colvin appointed independent director, effective March 24, 2026, and Audit and Finance Committee member, once necessary approvals have been obtained. Robert M. Spence appointed independent director, and the Chair of the Audit and Finance and the Compensation Committees, effective March 24, 2026. Steven Y. Pei appointed independent director, effective March 24, 2026. Walter A. "Del" Marting Jr. to serve as Non-Executive Chairman through 2027 Annual Meeting. Kristin M. Slanina to assume Non-Executive Chair following the 2027 Annual Meeting. William J. Nance and Walter A. "Del" Marting Jr. have each committed not to stand for re-election at the 2027 Annual Meeting of Shareholders. Donald A. Colvin is a seasoned public company CFO and board director with deep expertise in financial oversight, semiconductors, technology, and capital-intensive industries. He currently serves as a director of Maxeon Solar Technologies and as Audit Committee Chair and Independent Director at Viavi Solutions and Agilysys. Mr. Colvin is widely recognized as an "audit committee financial expert" under SEC standards, reflecting his deep expertise in financial reporting, internal controls, and capital markets. Mr. Colvin's career is defined by CFO leadership roles across major public companies. He served as Chief Financial Officer of Caesars Entertainment (2012-2015), Executive Vice President and CFO of ON Semiconductor (2003-2012), and held CFO roles at Atmel Corporation and European Silicon Structures, along with senior finance positions at Motorola. He also served as Interim CFO of Isola Group (2015-2016), appointed specifically by the board to restructure the company. Mr. Colvin earned an MBA and BA (Honors) in Economics from the University of Strathclyde in Scotland. Steven Y. Pei is a seasoned investor with deep expertise in capital allocation, corporate restructurings, and strategic value creation across industrial, real estate, and consumer sectors. He brings over 25 years of experience investing in and advising public and private companies across the capital structure, with a distinguished track record in navigating complex corporate situations, driving financial strategy, and enhancing operational performance. Mr. Pei is the Founder and Chief Investment Officer of Gratia Capital, a Los Angeles-based investment firm he established in 2012 focused on value-oriented and event-driven investments across public equity, private equity, corporate credit, and structured credit markets. Previously, he served as Vice President at Canyon Capital Advisors, where he invested across the capital structure and served on credit committees overseeing major corporate restructurings and private investments. Earlier in his career, Mr. Pei worked in Bain Capital’s private equity group covering industrial and consumer sectors and held roles at McKinsey & Company and in strategic planning at DFI Holdings, a publicly listed retail subsidiary of the Jardine Matheson Group. Mr. Pei graduated from the University of Pennsylvania, earning a BS from the Wharton School and MA and BA degrees from the College of Arts and Sciences. Robert M. Spence is a senior legal and corporate governance executive with extensive experience in public company leadership, complex transactions, and industrial and manufacturing sectors. He currently serves as a Director of Ecobat, a global leader in battery recycling, bringing directly relevant experience in the recycling and circular economy industries. He served as Senior Vice President, General Counsel and Secretary of Skyline Champion Corporation (now Champion Homes Inc.) from 2019 to 2024, and previously as Secretary, General Counsel and Vice President of Administration at Neenah Enterprises Inc., where he also served as a Director. Earlier, Mr. Spence served as General Counsel and Vice President of Business Development for SPX Corporation's Test and Measurement division, where he directed twelve international acquisitions and divestitures between 2004 and 2011. Mr. Spence holds a BBA from the University of Michigan and a JD from Wayne State University Law School.