Summary
Agilent Technologies, Inc. announced a change in its Board of Directors structure with the upcoming retirement of long-serving director A. Barry Rand, effective October 31, 2015. Mr. Rand, who has been on the Board since 2000 and a member of the Compensation and Nominating/Corporate Governance Committees, is retiring and his departure is not due to any disputes with the company. This retirement will lead to a reduction in the Board's size from eleven to ten directors.
Key Highlights
- 1A. Barry Rand, a director since 2000, will retire from the Board of Directors effective October 31, 2015.
- 2Mr. Rand's retirement is voluntary and not a result of any disagreements with the Company.
- 3Mr. Rand serves on the Compensation Committee and the Nominating/Corporate Governance Committee.
- 4The size of the Board of Directors will be reduced from eleven to ten members following Mr. Rand's retirement.
- 5This change is administrative and does not appear to reflect any operational issues.
Frequently Asked Questions
A. Barry Rand is a member of the Board of Directors at Agilent Technologies. He has served on the Board since 2000 and is also a member of the Compensation Committee and the Nominating/Corporate Governance Committee.
Mr. Rand's retirement from the Board of Directors will be effective on October 31, 2015.
No, the filing explicitly states that Mr. Rand's retirement is not the result of any disagreement with the Company regarding its operations, policies, or practices.
Following Mr. Rand's retirement, the size of the Board of Directors will be reduced from eleven to ten members.