 Houston Wire Cable Company HWCC today provided an update on developments regarding its governance, executive goals and compensation, and cost and debt reduction measures. As previously reported, the board elected the companys largest shareholder, David Nierenberg of the D3 Family Funds, as a director on March 16, 2020. Nierenberg and his partner, Damon Benedict an HWCC board observer, are helping the company navigate its response to the coronavirus pandemic and the global imbalance between the supply and demand for oil. 