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Univar Solutions announces Resignation of Board Member

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U.S. based Distributor to reduce Number of Board Members

Global chemicals and ingredents distributor Univar Solutions, Inc. (Downers Grove, IL – United States) has announced that David H. Wasserman has tendered his resignation from the company’s Board of Directors. This follows the recent sale of shares of common stock by Clayton, Dubilier & Rice LLC (“CD&R”), representing the conclusion of a nine year investment in Univar Solutions.

 

“Having served as a Board director since November 2010, Mr. Wasserman has provided expert perspective and guidance throughout his tenure, especially as the company emerged from its initial public offering in 2015”, Univar Solutions said in the announcement.

 

The Board of Directors will not replace Mr. Wasserman and instead will reduce its size to 12 directors, effective 31. October 2019.

 
 
Source: Univar press release
 

 

HGE – DCG / 30.09.2019