Ecolab Inc. announced that three directors designated by stockholder Henkel AG & Co.—Stefan Hamelmann, Kasper Rorsted and Hans Van Bylen—have decided to resign from Ecolab’s board.
In February 2008 Henkel reported it owned 29.4% of Ecolab shares. Under terms of the stockholder’s agreement with Ecolab, Henkel is permitted board representation proportional to its shareholdings.
Henkel Directors To Resign From Ecolab Board
Published August 6, 2008
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