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Atmus Filtration adds two directors to its board

EditorEmilio Ghigini
Published 19/03/2024, 13:52
Updated 19/03/2024, 13:52
© Reuters.

NASHVILLE - Atmus Filtration Technologies Inc. (NYSE: ATMU), a global leader in filtration solutions, announced today the appointment of Diego Donoso and Stuart Taylor to its Board of Directors following the recent transition of its ownership structure.

Diego Donoso brings a wealth of experience from his tenure at Dow Inc (NYSE:DOW)., where he retired in April 2023 after a 30-year career. His leadership roles spanned various regions and capacities, including President of Packaging (NYSE:PKG) & Specialty Plastics. Donoso also serves on the boards of GrafTech International (NYSE:EAF) Ltd. and its committees.

Stuart Taylor, President of The Taylor Group LLC, also joins the board with a background in business creation and acquisitions. Taylor holds director positions at Wabash National (NYSE:WNC) Corporation, Ball Corporation (NYSE:BALL), and Hillenbrand (NYSE:HI) Industries Inc., contributing his expertise in finance, governance, and mergers and acquisitions.

Steve Macadam, Chair of the Atmus Board of Directors, expressed enthusiasm for the appointments, highlighting the strategic growth phase the company is entering. The new board members are expected to contribute significantly to Atmus's transformation and its potential as an independent entity.

The appointments come on the heels of the successful share exchange with Cummins (NYSE:CMI), marking the end of Cummins' ownership stake in Atmus and the resignation of Cummins-designated directors from the board.

Atmus, headquartered in Nashville, Tennessee, operates globally with approximately 4,500 employees. The company has been providing filtration and media solutions for over 65 years, serving a diverse range of markets and offering aftermarket support.

The addition of Donoso and Taylor to the Atmus Board of Directors is a strategic move aimed at bolstering the company's leadership as it continues to innovate and grow in the filtration industry. This news is based on a press release statement.

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