Primo Water (PRMW) Appoints Eric J. Foss to Its Board
Primo Water Corporation (NYSE:) today announced that Eric J. Foss has been appointed to Primo Water’s Board of Directors (the “Board”), effective immediately. Mr. Foss’s appointment is part of the Board’s ongoing refreshment process and follows a thorough search and selection initiative led by the Board’s ESG and Nominating Committee with the assistance of a nationally recognized executive search firm.
Mr. Foss brings decades of experience as a Chairman, CEO and executive officer of leading route-based businesses and beverage companies, with a proven track record of expanding scale, improving margins and driving consistent earnings growth. During his tenure at Aramark, the company was recognized as one of the “Most Admired Companies” by FORTUNE and as one of the “Top 50 Employers” by Diversity Inc. At Pepsi Bottling Group, he helped lead the company through its IPO and a subsequent period of significant growth, overseeing substantial acquisition and integration efforts.
“We are excited to welcome Eric to the Primo Water Board of Directors,” said Jerry Fowden, Chairman of Primo Water’s Board. “Eric is a respected leader, operator and public company director in consumer-driven industries and has a successful track record of driving growth and profitability. We believe his expertise in scaling and optimizing businesses and building high-performance teams will serve Primo Water, its Board and its shareowners extremely well.”
With the appointment of Mr. Foss, the Board has been temporarily expanded to eleven members. Ten of those incumbents will be nominated for reelection at Primo Water’s 2023 Annual and Special Meeting of Shareowners (the “Annual Meeting”). As previously disclosed, Stephen Halperin is retiring from the Board at the Annual Meeting as a result of having reached Primo Water’s mandatory retirement age of 73.
“On behalf of the entire Board, I want to thank Stephen for his many contributions to Primo Water and its Board,” said Mr. Fowden. “Stephen served Primo Water with distinction for many years, and the Board and Company benefitted greatly from his deep experience, leadership and stewardship. We wish him all the best in his retirement.”
ABOUT ERIC FOSS
Eric Foss served as CEO of Aramark from May 2012 and as Chairman and CEO from February 2015 until he retired in August of 2019. During his tenure at Aramark, he drove very strong stakeholder value by dramatically improving customer…
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