INNOVATE Corp. Announces Appointment of Amy Wilkinson to Board of Directors

HC2 Holdings, Inc.

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) — INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), today announced the appointment of Amy Wilkinson to fill the remaining position on the INNOVATE Board of Directors.

“Amy brings a unique blend of management expertise and experience in global business and politics, and we are confident that she will help guide us in our mission to create shareholder value in our operating segments. Infrastructure, Life Sciences and Spectrum,” said Avie Glazer, President of INNOVATE.

“Amy’s experience providing leadership and strategy consulting to Fortune 500 companies will be a valuable addition to our Board of Directors,” said Wayne Barr, Jr., President and CEO of INNOVATE. “I look forward to hearing his insights as we continue to drive performance in each of our three businesses.”

Ms. Wilkinson is the founder and CEO of Ingenuity, an entrepreneurship advisory firm for executives of companies of all sizes, including several Fortune 500 clients. In addition, she is a management lecturer at Stanford Graduate Business School. and is the author of the worldwide best-selling “The Creator’s Code: The Six Essential Skills of Extraordinary Entrepreneurs”. She is chair of the board of consumer technology company Grover. She was previously a public policy fellow at the Woodrow Wilson International Center for Scholars, and before that she served as a White House member and senior policy adviser to the U.S. Trade Representative. She has also held senior positions at McKinsey & Company, JP Morgan and as the founder of the international export company Alegre. She received her Bachelor of Arts in Political Science and English and her Master of Arts in Sociology from Stanford University and earned her MBA from Stanford University Graduate School of Business.

Following Ms. Wilkinson’s appointment, INNOVATE’s Board of Directors consists of five members, four of whom are independent.

Caution Regarding Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This press release contains, and certain oral statements made by our representatives from time to time may contain, “forward-looking statements.” Generally, forward-looking statements include information describing actions, events, results, strategies and expectations and are generally identifiable by the use of the words “believes”, “expects”, “intends to “, “anticipates”, “plans”, “seeks”, “estimates”, “projects”, “may”, “will”, “could”, “might” or “continue” or similar expressions. These forward-looking statements are based on current expectations and inherently involve certain risks, assumptions and uncertainties. Except as required by law, INNOVATE disclaims any obligation to update any forward-looking statements contained in this press release.

About INNOVATE Corp.
INNOVATE Corp., is a premier portfolio of assets in three key areas of the new economy: infrastructure, life sciences and spectrum. Dedicated to stakeholder capitalism, INNOVATE employs approximately 3,902 people across its subsidiaries. For more information, please visit: www.INNOVATECorp.com.

To INNOVATE:

Media Contact:
Reevemark
Paul Caminiti/Pam Greene/Luc Herbowy
[email protected]
(212) 433-4600

Investor contacts:
Solebury Trout
Anthony Rozmus
[email protected]
(212) 235-2691

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