Central Garden & Pet To Expand Board Of Directors, Nominates Two New Independent Directors, Courtnee Chun And Daniel P. Myers
December 23 2020 - 4:05PM
Business Wire
Company to Add Accomplished Leaders with
Diverse Experience to the Board
Central Garden & Pet Company (NASDAQ: CENT, CENTA)
(“Central”), a market leader in the garden and pet industries,
today announced that it has nominated two new independent
directors, Courtnee Chun and Daniel P. Myers, for election at the
Company’s 2021 Annual Shareholder Meeting on February 9, 2021. On
that day, Thomas P. Colligan will retire from the Company’s Board
of Directors.
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Courtnee Chun (Photo: Business Wire)
Their nomination follows the appointment of Brendan P. Dougher
in September 2020, and the retirement of Jack Balousek, who had
served on the Central Board of Directors for 19 years and was the
Company’s lead independent director.
The Company is pleased to announce that Beth Springer, a veteran
of the consumer products industry and Central Board member since
2013, has been appointed lead independent director.
“We would like to thank Jack Balousek and Tom Colligan for their
significant contributions to Central Garden & Pet and many
years of service on our Board,” said Bill Brown, Chairman of the
Board of Central Garden & Pet. “We are pleased to nominate
Courtnee Chun and Daniel Myers and look forward to their active
participation. I am incredibly excited about the future – including
the leadership of our CEO, Tim Cofer, and the new Central to Home
strategy, which is a compelling roadmap to create shareholder
value. To support our new strategy, we are adding expertise at both
the management and Board levels.”
If elected, Ms. Chun and Mr. Myers would join the Company’s
Board of Directors immediately after the annual meeting. Together
with the Company’s other nominees, Central’s Board would be
comprised of eleven directors.
Ms. Chun has more than 20 years of experience in corporate
development and portfolio management in the telecommunications,
media and technology sectors. She currently serves as Chief
Portfolio Officer for Liberty Media Corporation, Qurate Retail,
Inc., Liberty TripAdvisor Holdings, Inc. and Liberty Broadband
Corporation. As Chief Portfolio Officer, Ms. Chun is responsible
for monitoring and enhancing the operating performance of many of
the Liberty portfolio companies and is the primary contact for
investors, analysts and the press. Before joining Liberty Media in
2008, Ms. Chun served as Vice President Opportunity Development at
Level 3 and Chief Financial Officer at New Global Telecom and prior
to these roles received extensive transaction experience through
corporate development work at FirstWorld Communications and
investment banking at JP Morgan. Ms. Chun has broad based
experience in a number of industries including eCommerce, media,
technology and direct-to-consumer markets and a strong background
in M&A, portfolio management and investor relations.
Mr. Myers has more than 40 years of experience in the consumer
products industry building very successful global companies. He is
currently an Operating Executive for the Carlyle Group and a Senior
Fellow at Haslam School of Business at the University of Tennessee
teaching as a guest lecturer for both graduate and undergraduate
studies. Prior to this, he served for eight years as the Executive
Vice President, Global Integrated Supply Chain for Mondelēz
International and held the same title at Kraft Foods Inc., the
predecessor to Mondelēz International, after joining that company
in September 2011. Mr. Myers began his career at The Procter &
Gamble Company, spending 33 years in roles across all areas of the
supply chain leading global operations. During his career he has
lived outside the United States for over 10 years, worked in over
50 countries, managed over 250 manufacturing plants and over 400
distribution centers. Mr. Myers has strong experience launching new
brands, building operations in emerging markets and delivering
winning, innovation leading major global expansions.
Mr. Dougher, who retired from PricewaterhouseCoopers LLP (“PwC”)
on September 30, 2020, held various positions over 36 years,
including as Managing Partner of the New York Metro Region of PwC
from July 2006 until June 2019 and most recently Managing Partner
of the U.S. Cyber Security & Privacy Practice from January 2019
to September 2019. He also served on the extended leadership team
of the firm’s U.S. Senior Partner and was elected to the firm’s
governing Board of Partners and Principals and chaired its
Governance Committee. Mr. Dougher is a Certified Public Accountant
and a member of both the New York State and New Jersey State
Society of Certified Public Accountants and is also a member of the
American Institute of Certified Public Accountants.
About Central Garden & Pet
Central Garden & Pet (NASDAQ: CENT, CENTA) understands that
home is central to life and has proudly nurtured happy and healthy
homes for over 40 years. With 2020 net sales of $2.7 billion,
Central is on a mission to lead the future of the pet and garden
industries. The Company’s innovative and trusted products are
dedicated to help lawns grow greener, gardens bloom bigger, pets
live healthier and communities grow stronger. Central is home to a
leading portfolio of more than 65 high-quality brands including
Pennington, Nylabone, Kaytee, Amdro and Aqueon, strong
manufacturing and distribution capabilities and a passionate,
entrepreneurial growth culture. Central Garden & Pet is based
in Walnut Creek, California and has over 6,300 employees across
North America and Europe. For additional information about Central,
please visit the Company’s website at www.central.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201223005368/en/
Investor Relations Contact: Friederike Edelmann (925)
948-3657 fedelmann@central.com
Media Relations Contact: Liz Nunan (925) 878-9465
lnunan@central.com
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