NEW YORK, March 11, 2011 /PRNewswire/ -- The Barington Group sent a letter today to the stockholders of Ameron International Corporation (NYSE: AMN). The letter was sent in response to Ameron's recent aggressive attacks on the qualifications and reputation of the Barington Group's nominee to the Company's Board, James A. Mitarotonda. Barington addresses a number of the false allegations made in Ameron's recent letter and urges stockholders to vote the WHITE proxy card as it believes that Ameron has been underperforming its value potential.
James A. Mitarotonda, the Barington Group's highly qualified director nominee, is committed to improving shareholder value and protecting the interests of all stockholders of Ameron. If elected, Mr. Mitarotonda intends to work constructively with the other members of Ameron's seven-member Board to seek to improve the Company's operations, profitability and corporate governance.
Mr. Mitarotonda, 56, is the Chairman, President and Chief Executive Officer of Barington Capital Group, L.P. Barington and its principals have substantial experience helping improve shareholder value and corporate governance as long-term investors in undervalued publicly-traded companies. Mr. Mitarotonda is an experienced director who has represented stockholder interests on the boards of ten publicly-traded companies.
The full text of the Barington Group's letter can be found at the Barington Group's web site located at www.ourmaterials.com/ameron.
SOURCE The Barington Group