Huntsman Appoints Two New Independent Directors and Announces Governance Changes as Part of Ongoing Board Refreshment
The changes to the board of directors became effective January 1, 2022.
Huntsman Corp. recently announced several changes to its board of directors, effective January 1, 2022, including the appointment of Curtis E. Espeland and José Muñoz to the board. Cynthia L. Egan has been appointed a new lead independent director, non-executive vice chair of the board, and chair of the Nominating and Corporate Governance Committee. Sonia Dulá has joined the board as a member of the Compensation Committee with the intent that she will become chair when Wayne A. Reaud leaves the board at or before the 2023 Annual Meeting of Stockholders, when he will reach the retirement age.
“As part of our Board’s ongoing refreshment process, I am pleased that we have identified two outstanding independent directors in Curt and José, who both bring extensive experience in operating companies in or relevant to our industry and in executing on strategic growth plans,” said Peter R. Huntsman, chairman, president, and CEO. “With these additions, I’m confident that our Board and the Company will be strongly positioned to ensure management achieves the growth strategy and financial targets we outlined at our November Investor Day to unlock value for our shareholders. We continue to engage with shareholders and appreciate the substantive input that we have received to date as our Company continues to evolve our portfolio and execute on our strategy.”