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Dow Executive Appointed to Zep Inc. Board
January 13, 2012
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By aftermarketNews staff
ATLANTA – Zep Inc. has announced that Carol Williams was elected to the company’s board of directors at its Annual Meeting of Stockholders held Jan. 10.
 
Williams, who was elected to the class of directors whose terms expire at the 2015 annual meeting, is the executive vice president of manufacturing and engineering at The Dow Chemical Co.
 
“We are pleased to have such an experienced executive from the chemical industry join our board of directors,” said John Morgan, chairman, president and CEO of Zep Inc. “Carol’s extensive background in chemical engineering, manufacturing and innovation will bring valuable contributions to the execution of the strategic plan for our company going forward.”
 
Williams’ career at Dow began in 1980, and since that time, she has served in a variety of executive positions, including corporate vice president of market facing, business development and licensing portfolio; senior vice president of basic chemicals; and president of chemicals and energy. She assumed her current position at Dow in September 2011, and is also a member of Dow Chemical’s Executive Leadership Committee and Strategy Board.
 
In addition to Williams’ election, the company’s stockholders re-elected O. B. Grayson Hall Jr. to the class of directors whose terms expire at the 2015 annual meeting. Stockholders also approved the company’s executive compensation programs, recommended that the company annually submit its executive compensation plans to stockholders, and ratified the appointment of Ernst & Young, LLP as the company’s independent auditors for fiscal year 2012.
 
Zep also announced that the board of directors has declared a quarterly cash dividend of 4 cents per common share payable Feb. 1 to stockholders of record on Jan. 23.