Exhibit 99.1
News Release
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| Michael Monahan (651) 250-2809 |
| Andrew Hedberg (651) 250-2185 |
BAKER TO RETIRE FROM ECOLAB BOARD
Christophe Beck will add Chair title at May 2022 annual meeting
ST. PAUL, Minn., February 28, 2022: Ecolab announced that Douglas M. Baker, Jr., executive chairman of the board of directors of Ecolab, has informed the company that he will step down from the board following the expiration of his current term at Ecolab’s 2022 Annual Meeting of Shareholders on May 5, 2022.
Christophe Beck, president and chief executive officer, and a member of the board of directors, has been elected by the board to serve as chair, in addition to his current responsibilities, effective upon the expiration of Mr. Baker’s term. Jeff Ettinger will remain lead independent director.
“Under Doug’s leadership, Ecolab has become a true sustainability leader, recognized for its positive impact on the world and for its ethical practices,” said Jeff Ettinger, lead independent director for the Ecolab board. “Doug and his team have delivered exceptional returns for our shareholders. Today’s decision underscores the board’s confidence in Christophe’s leadership and strong character to lead Ecolab into the future as president and chief executive officer, and chairman of the board.”
Commenting on the announcement, Baker stated, “I am delighted with the board’s decision. Christophe Beck and Jeff Ettinger are the right people to lead our board going forward. I have great confidence their leadership will continue to help Ecolab reach its full potential and deliver on its purpose to help protect people, planet and business health.”