Skip to content
AnalystLens

ECOLAB INC. 8-K Report, Executive Changes (Feb 26, 2019)

Reports
Leadership Changes
Filing Date
Filed February 26, 2019
Period End
February 22, 2019
Security
ECL
In the record · 2016–202610-K1110-Q328-K144

ECL filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 144 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Nov ’17Nov ’17
  2. Restructuring8-K · Feb ’21Feb ’21
  3. Restructuring8-K · Nov ’22Nov ’22
  4. Leadership change8-K · May ’26May ’26

01—Abstract

Summary

Summary of the 8-K filed February 26, 2019. Cited figures are marked; the original filing is the authoritative source.

Ecolab Inc. (ECL) announced a change in its board of directors, with Stephen I.

Chazen resigning from his position. This resignation is effective as of the company's Annual Meeting of Stockholders on May 2, 2019.

Mr. Chazen's departure is in accordance with the company's corporate governance policy regarding director age limits, as he has reached the age of 72. Importantly, his resignation is not a result of any disagreements with the company or its management regarding operations, policies, or practices.

02—Key points

Key Highlights

  1. Stephen I. Chazen resigned from Ecolab's board of directors.
  2. The resignation will be effective on May 2, 2019, at the company's Annual Meeting of Stockholders.
  3. Mr. Chazen is stepping down due to reaching the age of 72, as per Ecolab's Corporate Governance Principles.
  4. His resignation is not related to any disagreements with the company or its management.
  5. Mr. Chazen also resigned from his positions on the company's audit and finance committees.

03—Questions

Frequently Asked Questions

  1. Why is Stephen I. Chazen resigning from the Ecolab board?

    Stephen I. Chazen is resigning because he has reached the age of 72, which is the mandatory retirement age for directors according to Ecolab's Corporate Governance Principles.

  2. Is Mr. Chazen's resignation due to any issues with Ecolab's performance or management?

    No, the filing explicitly states that Mr. Chazen's resignation is not due to any disagreement with the company or its management regarding its operations, policies, or practices.

  3. When will Mr. Chazen's resignation become effective?

    Mr. Chazen's resignation will be effective as of Ecolab's Annual Meeting of Stockholders, which is scheduled for May 2, 2019.

  4. Did Mr. Chazen hold any other roles at Ecolab that he is also resigning from?

    Yes, in addition to his board membership, Mr. Chazen is also resigning from his roles on the company's audit and finance committees.

04—Continue

← View all 8-K filings