Ecolab Announces Leadership Transition

 

Baker, currently Ecolab’s chairman and chief executive officer, will retire as chief executive officer but continue as board chairman.

 

Baker commented on Beck’s promotion, saying, “I am thrilled the board of directors has named Christophe as my successor and believe he is the perfect choice. He has been a great leader and a great partner in advancing and building Ecolab’s strategy and business. Since joining Ecolab in 2007, he has excelled in a succession of increasing and varied responsibilities across our company, helping us strengthen our business, build our teams, enhance our capabilities and shape a stronger future. He is a great business leader, and even more importantly, a good person. His passion, commitment, vision and innovative spirit will serve our people, our customers and our shareholders well.”

 

Jeffery Ettinger, lead director of Ecolab’s board, commented on the transition, saying, “This announcement follows a well-planned and thoughtful succession process. Christophe Beck is a proven leader and seasoned business executive, and we are excited about his ability to continue to build Ecolab’s global business and market leadership. He has delivered outstanding performance throughout his career and has been a key player since he joined Ecolab 13 years ago, helping strengthen the company and position it for new and developing growth opportunities. The board looks forward to working with Christophe in his new capacity.

 

“At the same time, we want to extend our profound thanks to Doug for his exceptional performance as CEO over the last 16 years. It has been a period of great change and strategic development for Ecolab. During Doug’s tenure, we have strengthened our global leadership in the company’s traditional cleaning and sanitizing businesses, significantly broadened our markets through the addition of water sustainability and healthcare/life sciences businesses, and continuously improved all aspects of the company’s operations. Under his leadership, Ecolab has become a true sustainability leader and a purpose-driven company, recognized for its positive impact on the world and for its ethical practices. All of this helped drive exceptional returns for our shareholders, increasing Ecolab’s market capitalization by more than eight times and generating a $50 billion increase in the company’s value. We congratulate him on his outstanding performance and thank him for continuing to serve as board chairman.”

 

Beck, 52, joined Ecolab in 2007. He currently serves as Ecolab’s president and chief operating officer. He previously served as executive vice president and president of Ecolab’s Nalco Water business. Before that, Beck was the company’s executive vice president and president, International Regions. Prior to his International Regions role, Beck was executive vice president and president of global integration, overseeing the integration of the Nalco acquisition. Beck’s earlier roles at Ecolab included executive vice president, Institutional Sector; senior vice president and general manager, Institutional Foodservice – North America; and senior vice president, Corporate Marketing and Strategy. Prior to joining Ecolab in 2007, Beck was an executive at Nestlé for 16 years.