Ashland Announces Appointment Of Two New Directors As Part Of Cooperation Agreement With Stockholder Ancora
ASH•Ashland appoints two new directors under cooperation agreement
July 28 (Reuters) - Ashland Inc. ASH.N:
- Ashland announces appointment of two new directors as part of cooperation agreement with stockholder Ancora.
- Ashland's board temporarily expands to 11 members, to reduce to 10 in 2027.
- Effective immediately, the board will appoint Peter Thomas and Allen Spizzo as independent members.
- Ancora agrees to standstill and voting commitments under the cooperation agreement.
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