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On December 2, 2021, Douglas Blagdon resigned as a Director of International Dispensing Corporation (ticker: IDND) to pursue other interests. The company will announce his replacement in due course. This change could influence future company strategies and governance.
International Dispensing Corporation (IDC) has appointed three new independent Board members: Leon Gianneschi, Ph.D., Michael Azeez, and Douglas Blagdon, expanding the Board to six members. This move aims to bolster IDC's competitive position in the aseptic and non-aseptic bag-in-dispenser market. Gianneschi brings over 30 years of experience in flexible packaging and specialty chemicals. Azeez has a background in venture capital and telecommunications, while Blagdon has extensive expertise in investment banking. IDC's leadership believes these additions will enhance its growth in the large-format foodservice sector.
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