Central Garden & Pet expanding board
Central Garden & Pet Company 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 Feb. 9, 2021.
On that day, Thomas Colligan will retire from the board, the company said.
Their nomination follows the appointment of Brendan 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 also said 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 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, Chun and Myers would join the board immediately after the annual meeting. Together with the company’s other nominees, Central’s Board would be comprised of eleven directors.
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.
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.
Based in Walnut Creek, Calif., Central Garden & Pet had 2020 net sales of $2.7 billion and is a supplier of lawn and garden and pet products.