Eco Building Products, Inc. Announces The Establishment Of A Board Of Directors
The Board is focused on establishing sound corporate governance practices that best serve the interests of Eco shareholders
The Board is composed of 80% independent directors
The designation of a Lead Independent Director ensures that management is adequately addressing the matters identified by the Board
Board Committees for Audit and Compensation will be comprised entirely of independent directors
The first formal Board of Directors meeting is scheduled for April 28, 2015
VISTA, Calif., April 8, 2015 /PRNewswire/ -- Eco Building Products, Inc., (PINK: ECOB) a leading expert in advanced lumber coatings, announced the establishment of the company's Board of Directors, effective immediately, including four new independent board members. It is contemplated that at the first formal meeting of the Board of directors, that the following appointments will be made:
- Steve Conboy, Chief Executive Officer will serve as Chairman of the Board, and serve on the Nominating and Governance Committee.
- Gerry Czarnecki, Board Member, will serve as the Lead Independent Director,
- Each of the Independent directors will serve on each of the three standard committees: Nominating & Governance, Audit and Compensation.
- Judith Muhlberg, Board Member, will serve as the Chair of the Nominating and Governance Committee.
- Mark Zorko, Board Member, will serve as the Chair of the Audit Committee, and
- Tom Comery, Board Member, will serve as the Chair of the Compensation Committee.
The establishment of a Board of Directors was conveyed to shareholders in Steve Conboy's March letter in which he advocated that this governance structure would provide the company's leadership with valuable outside perspective and guidance to inform the company's strategy, enhance decision-making and influence profitable growth.
"For me, as the Founder, President and CEO of Eco," Steve Conboy, Eco Building Products, Inc.'s Chairman, President and Chief Executive Officer, said: "These are exciting times with respect to having access to this high degree of support and business acumen which will ultimately enable Eco to better navigate our business going forward."
"In my March 20th letter to the shareholders, I explained how we, as a company, have transitioned through Phase 3 of our business plan with a primary objective of positioning Eco Red Shield,™ an advanced framing lumber product, in the national supply chain." Steve Conboy added, "This important phase will demonstrate Eco's operational capability to ramp up and support higher volume production of our unique and proprietary coating services aimed at supplying lumber wholesalers and targeted at our current and prospective customers from coast to coast."
For more information on each Board Member's professional background and experience, please visit Eco's "Board of Directors & Management Team" webpage, located under the "About Eco" tab by visiting the following link: http://ecob.net/index.php?p=about-us&id=84
About Eco Building Products, Inc.
Eco Building Products, Inc. is a manufacturer of treated wood products that are protected against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites by our proprietary eco-friendly chemistry utilizing ECOB WoodSurfaceFilmTM and FRC™ technology (Fire Retardant Coating) leading the world on Defensive Innovations through the implementation of defensive building practices. Eco Building Products' Global Defensive Vision is to foster environmental stewardship, respect reforestation programs, and consider the carbon footprint and recycling efforts as we forge forward in the protection of homeowners and builders. We believe that in conjunction with these endeavors, Eco Building Products will have a positive impact on U.S. export business as supported by factory-built housing managed by American Veterans, demonstrating once again to America's youth that working in the Building Trades is an honorable vocation.
Safe Harbor Statement: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. ECOB takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties.
Company Contact
Eco Building Products, Inc.
Phone: 1 888 Red Shld (888.733.7453)
Email: [email protected]
Web Site: www.ecob.net
SOURCE Eco Building Products, Inc.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article