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Ashland appoints Peter Thomas, Allen Spizzo as independent directors under Ancora deal

Ashland appoints Peter Thomas, Allen Spizzo as independent directors under Ancora deal

ReutersReuters2026/07/28 21:00
By:Reuters
  • Ashland added Peter Thomas, former Ferro chair, CEO, president, and Allen Spizzo, former Hercules vice president and CFO, as independent directors.
  • Board expands to 11 members immediately, then plans to return to 10 at the 2027 annual meeting.
  • Capital Allocation Advisory Committee formed to review capital allocation strategy and planning; chaired by director Scott Tozier.
  • Thomas and Spizzo join the committee; CEO Guillermo Novo serves as a non-voting member.
  • Moves come under a cooperation agreement with shareholder Ancora.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashland Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281700PRIMZONEFULLFEED9799654) on July 28, 2026, and is solely responsible for the information contained therein.

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