Ecolab Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(1)Appointment of director
On February 20, 2025, the board of directors (“Board”) of Ecolab Inc., a Delaware corporation (“Company”), appointed Michel Doukeris as a member of the Board. The Board expects to appoint Mr. Doukeris to one or more of its committees, with such committee assignment(s) to be determined at a later date.
Mr. Doukeris is the Chief Executive Officer of Anheuser-Busch InBev SA/NV (“AB InBev”) since July 2021. Mr. Doukeris joined AB InBev in 1996 and held a number of commercial operations roles in Latin America before moving to Asia where he led AB InBev’s China and Asia Pacific operations for seven years. In 2016 he moved to the U.S. to assume the position of global Chief Sales Officer. Prior to his appointment as CEO, Mr. Doukeris led Anheuser-Busch and the North American business since January 2018.
Following the effective date of his appointment, Mr. Doukeris will be entitled to participate in the Company’s regular director compensation arrangements.
There were no arrangements or understandings between Mr. Doukeris and any other person pursuant to which he was elected as a director, and there is no transaction between Mr. Doukeris (and his immediate family) and the Company that requires disclosure in accordance with Item 404(a) of Regulation S-K.
A copy of the News Release issued by the Company in connection with this report under Item 5.02 is attached as Exhibit (99.1).
(2)Director not standing for re-election
On February 18, 2025, director Arthur J. Higgins informed the Board that he would not stand for re-election at the Company's annual meeting to be held on May 8, 2025. Mr. Higgins’ decision not to stand for re-election was not the result of any disagreement with the Company. Mr. Higgins has been a valued colleague of the Board, and the Board would like to thank him for his many years of service.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | Method of Filing | ||
(99.1) | Filed herewith electronically. | |||
(104) |
| Cover Page Interactive Data File. |
| Embedded within the Inline XBRL document. |
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