Ashland Global Holdings Inc. recently announced the appointment of two new directors to its board. Steve D. Bishop, former CEO of Procter and Gamble (P&G) consumer health care, and Suzan F. Harrison, former president of Colgate-Palmolive global oral care, will join the board as of July 1, 2022.

William Dempsey, who has served as a director since 2016, and Ricky Sandler, who joined the board in 2020, have decided not to stand for reelection at Ashland’s annual shareholders meeting in January 2023. To allow for an orderly transition, the addition of Bishop and Harrison temporarily increases the size of the board from nine to 11 members until the meeting.

Dempsey is the former executive vice president of global pharmaceuticals for Abbott Laboratories and the current chair of the board’s governance and nominating committee. He is also a member of the environment, health, safety and quality committee. Sandler is the founder, CEO, and chief investment officer of Eminence Capital. He is a member of both the audit and governance and nominating committees.

Bishop recently retired from his role as CEO of P&G consumer health care. In this capacity, he led the $11 billion consumer health care reportable unit. Previously, he served in president or group president roles across other P&G global operating units.

Ashland reports that Bishop is a disciplined, results-oriented leader who has a deep passion for innovation. As a mentor to several executives, he also supported the personal development of women and minorities and enabled broader executive-level diversity in the company. Bishop is a graduate of Purdue University, where he obtained a Bachelor of Science degree in Agricultural Economics.

Harrison has held a variety of leadership positions at the Colgate-Palmolive Co. She was named president of global oral care in 2011, a position she held until her retirement in 2019. Previously, she was president of Hill’s Pet Nutrition Inc. North America and held other senior leadership positions, including vice president of marketing for Colgate U.S. and vice president and general manager of Colgate Oral Pharmaceuticals, North America and Europe.

According to Ashland, Harrison has strong operational experience in consumer products and a passion for sustainability. She is a member of the board of directors of WestRock Co. and ADM, where she chairs the sustainability and social responsibility committee. Harrison holds a Master of Business Administration degree from New York University and a Bachelor of Science degree from Binghamton University.

“I am excited to welcome Steve and Suzan as new directors to the Ashland Board, and I am confident they will provide valuable perspectives as we continue to execute our strategy, drive profitability, and enhance value for our shareholders,” said Guillermo Novo, Ashland chair and CEO.

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