OVERLAND PARK, Kan.--(BUSINESS WIRE)--Jun. 15, 2015--
Lori Walker has been elected to the board of directors of Compass
Minerals (NYSE: CMP), replacing Perry Premdas, who retired earlier this
year. She will serve on the board’s audit and compensation committees.
Walker is the former chief financial officer and senior vice president
of The Valspar Corporation, a publicly held global manufacturer of paint
and coatings. During her time at Valspar, Walker closed and integrated
13 worldwide acquisitions and three divestitures to increase shareholder
value and grow the company revenue from $1.5 billion to $4 billion. She
retired from Valspar in 2013 and currently serves on the Board of
Directors of Southwire, an industrial manufacturer of wire and cable,
and Constellium, an aluminum fabricator for automotive, aerospace and
packaging industries.
Prior to joining Valspar, Walker worked at Honeywell, Inc., a global
conglomerate of commercial and consumer products, for 20 years in
progressively increasing roles of responsibility. Her last role at
Honeywell was the director of global financial risk management.
“Lori brings tremendous financial, compensation planning and
international expansion expertise to the table,” said Richard S. Grant,
Compass Minerals’ lead independent director. “We’re confident her
experience and perspective will be a great benefit to our board as
Compass Minerals continues to execute its growth objectives and build
shareholder value.”
Walker received her bachelor’s degree in Finance from Arizona State
University and attended the Executive Institute program and the
Directors’ College at Stanford University. She will serve as a Class III
director with a term expiring at the 2018 Annual Meeting of Stockholders.
About Compass Minerals
Compass
Minerals is a leading provider of essential minerals that provide
solutions to nature’s challenges, including salt for winter roadway
safety and other consumer, industrial and agricultural uses, and
specialty plant nutrition minerals that improve the quality and yield of
crops. The company produces its minerals at locations throughout the
U.S. and Canada and in the U.K. For more information about Compass
Minerals and its products, please visit www.compassminerals.com.
This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on the company's current expectations and involve
risks and uncertainties that could cause the company's actual results to
differ materially. The differences could be caused by a number of
factors including those factors identified in the "Risk Factors"
sections of our Annual and Quarterly Reports on Forms 10-K and 10-Q. The
company undertakes no obligation to update any forward-looking
statements made in this press release to reflect future events or
developments.
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Source: Compass Minerals
Compass Minerals
Media Contact
Tara Hart,
+1-913-344-9319
Communications Manager
PressRelations@compassminerals.com
or
Investor
Contact
Theresa Womble, +1-913-344-9362
Director of
Investor Relations
InvestorRelations@compassminerals.com