Who are the two new directors appointed to Ashland's Board of Directors, and what is the context of their appointment?

Peter Thomas and Allen Spizzo have been appointed as independent members to Ashland Global Holdings Inc.'s Board of Directors, effective immediately. This appointment is part of a cooperation agreement with stockholder Ancora Holdings Group, LLC.

What new governance structure has Ashland established alongside the director appointments, and who will lead it?

Ashland has formed a Capital Allocation Advisory Committee as part of the cooperation agreement; the committee will be chaired by Scott Tozier and will provide recommendations to the Board regarding the company’s capital allocation approach and strategic planning.

Ashland Announces Appointment of Two New Directors as Part of Cooperation Agreement with Stockholder Ancora

Jul 28, 2026

Ashland Global Holdings Inc appointed Peter Thomas and Allen Spizzo to its Board of Directors under a cooperation agreement with Ancora Holdings Group, establishing a Capital Allocation Advisory Committee.

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