Kasper Rorsted Appointed to Ecolab Board of Directors; Jochen Krautter Retires.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- Ecolab Inc. announced that Ecolab's Board of Directors has appointed Kasper Rorsted to fill the vacancy created by Jochen Krautter's retirement from the Ecolab Board. Mr. Rorsted, 43, is Executive Vice President for Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , IT and Logistics & Purchasing of Henkel KGaA of Dusseldorf, Germany, and a member of the Management Board of Henkel KGaA. There are currently 13 directors on the Ecolab Board. Krautter said that his decision to retire from the Ecolab Board was due to increased demands on his schedule. He served on the Ecolab Board for three years. Commenting on Krautter's retirement, Allan L. Schuman Allan L. Schuman, age 71, is the former CEO of Ecolab, Inc. He resigned as chairman of the board in May 2006 and was named chairman emeritus, an honorary position. He worked at Ecolab for 49 years. Mr. , Chairman of the Board said: "We regret Dr. Krautter's decision to retire from our Board, and thank him for his valued service on the Board and to our company. We wish him well." With 2004 sales of $4.2 billion, Ecolab is the leading global developer and marketer of premium cleaning, sanitizing, pest elimination, maintenance and repair products and services for the hospitality, foodservice, institutional and industrial markets. Ecolab shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol ECL (Emitter-Coupled Logic) A digital circuit composed of bipolar transistors in which the emitter ends are wired together. ECL gates switch faster than TTL gates, but consume more power. See TTL, I2L and bipolar. 1. . Ecolab news releases and other investor information are available on the Internet at http://www.ecolab.com. |
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