WD-40 Company Announces Board Changes
WD-40 Company (NASDAQ:WDFC) has announced significant changes to its board of directors. Eric P. Etchart has been appointed as the new non-executive chairman of the board, succeeding Gregory A. Sandfort who retired following the 2024 Annual Meeting of Stockholders. Etchart, who joined the board in 2016, brings extensive international experience from his previous role as senior vice president at The Manitowoc Company. He will continue serving on the Corporate Governance and Finance Committees.
Etchart's appointment aligns with WD-40's focus on geographic expansion of their signature product. The board currently consists of 10 directors.
La WD-40 Company (NASDAQ:WDFC) ha annunciato importanti cambiamenti nel suo consiglio di amministrazione. Eric P. Etchart è stato nominato nuovo presidente non esecutivo del consiglio, succedendo a Gregory A. Sandfort, che si è ritirato dopo l'Assemblea Annuale degli Azionisti del 2024. Etchart, che è entrato nel consiglio nel 2016, porta con sé una vasta esperienza internazionale acquisita nel suo precedente ruolo di vicepresidente senior presso The Manitowoc Company. Continuerà a far parte dei Comitati per la Governance Aziendale e per le Finanze.
La nomina di Etchart si allinea con l'attenzione della WD-40 all'espansione geografica del loro prodotto di punta. Attualmente, il consiglio è composto da 10 membri.
La empresa WD-40 (NASDAQ:WDFC) ha anunciado cambios significativos en su junta directiva. Eric P. Etchart ha sido nombrado nuevo presidente no ejecutivo de la junta, sucediendo a Gregory A. Sandfort, quien se jubiló tras la Junta Anual de Accionistas de 2024. Etchart, quien se unió a la junta en 2016, aporta una amplia experiencia internacional de su anterior cargo como vicepresidente senior en The Manitowoc Company. Continuará sirviendo en los Comités de Gobernanza Corporativa y Finanzas.
La designación de Etchart está en línea con el enfoque de WD-40 en la expansión geográfica de su producto insignia. Actualmente, la junta está compuesta por 10 directores.
WD-40 회사 (NASDAQ:WDFC)는 이사회에 중대한 변화를 발표했습니다. 에릭 P. 에차트가 새 비상임 의장으로 임명되었으며, 이는 그레고리 A. 샌드포트의 후임으로, 샌드포트는 2024년 주주총회 후 은퇴했습니다. 에차트는 2016년에 이사회에 합류했으며, The Manitowoc Company의 수석 부사장으로서의 국제적 경험을 가지고 있습니다. 그는 기업 거버넌스 및 재무 위원회에서 계속 활동할 것입니다.
에차트의 임명은 WD-40의 시그니처 제품의 지역적 확장에 중점을 두고 있습니다. 현재 이사회는 10명의 이사로 구성되어 있습니다.
La société WD-40 (NASDAQ:WDFC) a annoncé des changements significatifs dans son conseil d'administration. Eric P. Etchart a été nommé nouveau président non exécutif du conseil, succédant à Gregory A. Sandfort, qui a pris sa retraite après l'Assemblée Générale Annuelle des Actionnaires de 2024. Etchart, qui a rejoint le conseil en 2016, apporte une vaste expérience internationale acquise dans son rôle précédent de vice-président senior chez The Manitowoc Company. Il continuera à siéger aux comités de gouvernance d'entreprise et des finances.
La nomination d'Etchart s'inscrit dans l'orientation de WD-40 vers l'expansion géographique de son produit phare. Le conseil compte actuellement 10 membres.
Die WD-40 Company (NASDAQ:WDFC) hat bedeutende Veränderungen im Vorstand angekündigt. Eric P. Etchart wurde zum neuen nicht-executive Chairman des Vorstands ernannt und folgt auf Gregory A. Sandfort, der nach der Hauptversammlung der Aktionäre 2024 in den Ruhestand gegangen ist. Etchart, der 2016 in den Vorstand eintrat, bringt umfassende internationale Erfahrungen aus seiner vorherigen Rolle als Senior Vice President bei The Manitowoc Company mit. Er wird weiterhin in den Komitees für Unternehmensführung und Finanzen tätig sein.
Etcharts Ernennung steht im Einklang mit dem Fokus von WD-40 auf die geografische Expansion ihres Hauptprodukts. Der Vorstand besteht derzeit aus 10 Direktoren.
- Appointment of experienced international executive as chairman aligns with global expansion strategy
- New chairman brings significant expertise in international finance, marketing, and management
- Maintains board continuity with chairman already serving since 2016
- None.
~ Appoints Eric P. Etchart as Chairman of the Board ~
Mr. Etchart joined the board of directors in 2016, bringing extensive experience in international finance, marketing, and management. He previously served as senior vice president at The Manitowoc Company, Inc. from 2007 until his retirement in January 2016. Mr. Etchart is a French national and has held management positions in
“Eric’s extensive leadership experience, combined with his comprehensive background in international business, makes him the ideal candidate to lead our board as we focus on our most significant growth opportunity, the geographic expansion of the blue and yellow can with the little red top,” said Steve Brass, president and chief executive officer of WD-40 Company. “I am eager to collaborate closely with Eric to ensure that WD-40 Company capitalizes on the growth opportunity we’ve identified around the world.”
Gregory A. Sandfort has retired from the board after 13 years of dedicated service.
“On behalf of the board of directors, I want to express our heartfelt thanks to Greg for his dedicated service and significant contributions,” said Mr. Etchart. “Greg’s leadership, insight, and unwavering commitment to sound corporate governance have been instrumental in guiding the Company over the last decade. We wish Greg all the best in his future endeavors.”
WD-40 Company’s board currently consists of 10 directors.
About WD-40 Company
WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories, and homes around the world. The Company owns a wide range of well-known brands that include maintenance products and homecare and cleaning products: WD-40® Multi-Use Product, WD-40 Specialist®, 3-IN-ONE®, GT85®, 2000 Flushes®, no vac®, 1001®, Spot Shot®, Lava®, Solvol®, X-14®, and Carpet Fresh®.
Headquartered in
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Media and Investor Contact:
Wendy Kelley
Vice President, Stakeholder and Investor Engagement
investorrelations@wd40.com
+1-619-275-9304
Source: WD-40 Company
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