Houston Wire & Cable Company Elects Gary Yetman to Board of Directors and Declar

[Zdravko NABATOV]

Houston Wire & Cable Company Elects Gary Yetman to Board of Directors and Declares Dividend

Houston Wire & Cable Company (NASDAQ: HWCC), a leading distributor of specialty wire and cable throughout the United States, announced yesterday the election of Gary Yetman to its Board of Directors. Mr. Yetman will also serve as a member of the Nominating & Corporate Governance and Compensation Committees.

Mr. Yetman served as the Chief Executive Officer and President of Coleman Cable, Inc. from 1999 until his retirement following the sale of Coleman Cable earlier this year. Prior to that, Mr. Yetman held various senior management positions with Coleman Cable's predecessor and within the electrical industry. Mr. Yetman's extensive experience and proven track record within the electrical wire and cable industry make him an excellent addition to HWCC's Board of Directors. Mr. Yetman holds an M.B.A. degree from the Lake Forest Graduate School of Management and a B.S. degree from West Virginia University.

"We are pleased to welcome Gary to our Board of Directors. His broad management experience and industry knowledge make him a great addition to our Board," commented Jim Pokluda, President and CEO of Houston Wire & Cable Company.

Mr. Pokluda further commented, "I am also pleased to announce that the Board has declared a dividend of $0.12 per share, payable to shareholders on November 28, 2014. This is the thirtieth consecutive quarter of returning funds to our shareholders."

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