Consistent with the board’s long-term succession planning process and the promotion last year of Tod Carpenter to president and CEO, Donaldson Co. has announced the following changes to its board of directors, effective April 1:
- Bill Cook, executive chairman of the board, will retire from the board and the company.
- Jeff Noddle, lead director of the board, will become non-executive chairman of the board.
As of the effective date, Donaldson’s board of directors will include the following members:
- Tod Carpenter – president and CEO, Donaldson Co. Inc.
- Andrew Cecere – president and COO, U.S. Bancorp
- Michael Hoffman – chairman and CEO, The Toro Co.
- Douglas Milroy – chairman and CEO, G&K Services Inc.
- Jeffrey Noddle – retired chairman and CEO, SUPERVALU INC.
- Willard Oberton – chairman, Fastenal Co.
- James Owens – president and CEO, H.B. Fuller Co.
- Ajita Rajendra – chairman, President, and CEO, A.O. Smith Corp.
- Trudy Rautio – retired president and CEO, Carlson
- John Wiehoff – chairman and CEO, C.H. Robinson Worldwide Inc.
“On behalf of all of our employees, I thank Bill for his leadership and the commitment to our customers and shareholders he has demonstrated over the past 35 years,” said Carpenter. “As we remain focused on executing our strategic growth initiatives, I look forward to levboard.”
Cook added, “Tod has successfully completed his first year as our CEO after serving as chief operating officer prior to that. This new board structure will help Tod continue his focus on leading the company and building revenues and shareholder value. It has been an incredible honor for me to have been part of the Donaldson team for the past 35 years. I am very proud of what my fellow employees (past and present) around the world have accomplished for our customers, shareholders and local communities. And, while I will miss working for our company, I am extremely confident in Tod and his management team. I thank the board and my fellow employees and wish them continued success in the future.”
Noddle joined Donaldson’s board of directors in 2000, and he is the longest-serving director on the board. Noddle currently serves as lead director and chair of the human resources committee. Before retiring, he was chairman and CEO of SUPERVALU, and he also brings experience from his service on the boards of other public companies.
