Ecolab Appoints Eric Green to Board of Directors

Rhea-AI Summary

The board of Ecolab has appointed Eric Green as an independent director, effective December 8, 2022. He will join the Compensation and Human Capital Management Committee and the Governance Committee. Green brings nearly 30 years of life sciences experience, currently serving as CEO of West Pharmaceutical Services. The appointment aligns with Ecolab's strategy for board composition, aiming to enhance oversight on growth initiatives. Ecolab, a global leader in water, hygiene, and infection prevention, reported annual sales of $13 billion and operates in over 170 countries.

Positive

• Eric Green's extensive experience in life sciences may enhance Ecolab's strategic direction.
• The appointment aligns with Ecolab's commitment to board refreshment, potentially improving governance.

Negative

• Concerns about continuity and potential experience gaps with the new board composition.

ST. PAUL, Minn.--(BUSINESS WIRE)-- The board of directors of Ecolab Inc. has appointed Eric Green to the Ecolab board, effective December 8, 2022. Mr. Green will serve as an independent director and a member of the Compensation and Human Capital Management Committee and the Governance Committee.

“Eric is an accomplished executive with decades of experience in the life sciences industry. He is joining a strong Board that is focused on delivering growth for all Ecolab stakeholders,” said Christophe Beck, Ecolab chairman and chief executive officer.

“At Ecolab, we regularly review and refresh the Board’s composition to ensure we are best positioned to effectively oversee the execution of our growth strategy. Consistent with Ecolab’s other recent appointments, Eric will bring new insights, global operating experience and public company leadership expertise to the Board,” said Jeffrey Ettinger, lead independent director for the Ecolab board.

“Ecolab is an impressive company and I am honored to join this accomplished Board at such an important time in its history,” said Mr. Green. “I have followed Ecolab’s success for many years and look forward to collaborating with the entire Board and management team to capitalize on the many opportunities ahead to deliver sustainable long-term growth and value for shareholders.”

Mr. Green, age 53, is a seasoned executive with nearly 30 years of life sciences experience with a proven track record of driving growth and creating value. Mr. Green currently serves as Chairman, President and Chief Executive Officer of West Pharmaceutical Services Inc., a manufacturer of packaging components and delivery systems for injectable drugs and healthcare products. Prior to joining West Pharmaceutical Services, Mr. Green spent more than 20 years in a variety of leadership positions at Sigma-Aldrich Corporation, including as Executive Vice President and President, Research Markets BU. Mr. Green currently serves on the Boards of West Pharmaceutical Services and the Board of Trustees at Bethel University.

About Ecolab

A trusted partner at nearly three million customer locations, Ecolab (NYSE: ECL) is the global leader in water, hygiene and infection prevention solutions and services that help protect people, planet and business health. With annual sales of $13 billion and more than 47,000 associates, Ecolab delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, help maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability for customers in the food, healthcare, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com

Follow us on LinkedIn @Ecolab, Twitter @Ecolab, Instagram @Ecolab_Inc and Facebook @Ecolab.

(ECL-C)

View source version on businesswire.com: https://www.businesswire.com/news/home/20221208005955/en/

Investor Contacts:

Andrew C. Hedberg

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Media Contact:

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Source: Ecolab Inc.

FAQ

Who is Eric Green and when was he appointed to Ecolab's board?

Eric Green was appointed as an independent director of Ecolab on December 8, 2022.

What role will Eric Green have on Ecolab's board?

Eric Green will serve on the Compensation and Human Capital Management Committee and the Governance Committee.

What experience does Eric Green bring to Ecolab?

Eric Green has nearly 30 years of experience in the life sciences industry, including his current role as CEO of West Pharmaceutical Services.

How does Eric Green's appointment impact Ecolab's strategy?

His appointment is expected to bring new insights and support the execution of Ecolab's growth strategy.

What is Ecolab's annual revenue?

Ecolab reported annual sales of $13 billion.