AdvanSix Inc.
04/16/2025 | Press release | Distributed by Public on 04/16/2025 04:32
Management Change/Compensation (Form 8-K)
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 16, 2025, Farha Aslam, a member of the Board of Directors (the "Board") of AdvanSix Inc. (the "Company"), notified the Company of her intention to resign from the Board, effective at the Company's Annual Meeting of Stockholders to be held on June 18, 2025 (the "Annual Meeting"), due to other commitments. As a result, Ms. Aslam will not be renominated for election at the Annual Meeting.
On April 16, 2025, Darrell K. Hughes, a member of the Board since the Company's spin-off in 2016, notified the Company of his intention to resign from the Board, effective at the Annual Meeting, due to other commitments. As a result, Mr. Hughes will not be renominated for election at the Annual Meeting.
Both directors have indicated that their departure from the Board was not the result of any disagreement with management or the Board.
Additionally, the Board has determined to nominate Mr. Daniel F. Sansone for re-election at the Annual Meeting and, in connection with this nomination, has waived, on a limited basis, the director age limit set forth in its Corporate Governance Guidelines.
In connection with the foregoing, effective at the Annual Meeting, the size of the Board will be reduced from nine to seven directors.