ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Baker to Retire From Ecolab Board

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Christophe Beck will add Chair title at May 2022 annual meeting

Ecolab announced that Douglas M. Baker, Jr., executive chairman of the board of directors of Ecolab, has informed the company that he will step down from the board following the expiration of his current term at Ecolab’s 2022 Annual Meeting of Shareholders on May 5, 2022.

Christophe Beck, president and chief executive officer, and a member of the board of directors, has been elected by the board to serve as chair, in addition to his current responsibilities, effective upon the expiration of Mr. Baker’s term. Jeff Ettinger will remain lead independent director.

“Under Doug’s leadership, Ecolab has become a true sustainability leader, recognized for its positive impact on the world and for its ethical practices,” said Jeff Ettinger, lead independent director for the Ecolab board. “Doug and his team have delivered exceptional returns for our shareholders. Today’s decision underscores the board’s confidence in Christophe’s leadership and strong character to lead Ecolab into the future as president and chief executive officer, and chairman of the board.”

Commenting on the announcement, Baker stated, “I am delighted with the board’s decision. Christophe Beck and Jeff Ettinger are the right people to lead our board going forward. I have great confidence their leadership will continue to help Ecolab reach its full potential and deliver on its purpose to help protect people, planet and business health.”

Beck commented, saying, “By any objective measure, Doug Baker’s leadership and career have been incredibly successful. By guiding us to our current position as a preeminent global sustainability leader, his legacy will be recorded as one of great positive impact for Ecolab’s shareholders, associates and communities. I thank Doug for his leadership at Ecolab and for his personal support to me during the recent transition. I am also honored by the board's confidence, and look forward to further serving Ecolab, our shareholders and our 47,000 dedicated associates worldwide in this expanded leadership role.”

About Ecolab

A trusted partner at nearly three million customer locations, Ecolab (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

(ECL- C)

Contacts

Michael Monahan (651) 250-2809

Andrew Hedberg (651) 250-2185

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  255.08
+0.00 (0.00%)
AAPL  273.43
+0.00 (0.00%)
AMD  305.33
+0.00 (0.00%)
BAC  52.47
+0.00 (0.00%)
GOOG  337.75
+0.00 (0.00%)
META  659.15
+0.00 (0.00%)
MSFT  415.75
+0.00 (0.00%)
NVDA  199.64
+0.00 (0.00%)
ORCL  176.28
+0.00 (0.00%)
TSLA  373.72
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.