Ecolab Board of Directors Rescinds 2020 Compensation Increase

ST. PAUL, Minn.--(BUSINESS WIRE)-- Aligning with Ecolab’s decision to defer implementation of merit pay increases for employees in 2020 wherever legally permitted, and in recognition of the significant impact of COVID-19, the Board voted to cancel its compensation increase that was previously approved in October 2019.

About Ecolab
A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in driving business performance while protecting people and vital resources. With annual sales of $15 billion and 50,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and on-site service to advance food safety, protect public health, optimize water and energy use, and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com.

Follow us on Twitter @ecolab, Facebook at facebook.com/ecolab, LinkedIn at Ecolab or Instagram at Ecolab Inc.

(ECL-C)

View source version on businesswire.com: https://www.businesswire.com/news/home/20200504005573/en/

Investors:
Michael Monahan
+1 651 250 2809

Andrew Hedberg
+1 651 250 2185

Media :
Roman Blahoski
+1 651 250 4385
[email protected]

Source: Ecolab Inc.

You May Also Be Interested In

• KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-5 and Pagaya AI Debt Trust 2026-5
• Michigan Approves the Every Child Ready Curriculum for Use in the PreK Great Start Readiness Program
• Top Crypto Gainers Today: ADA and SUI Search for Recovery as BlockDAG’s $0.03 Buyback Target Fuels Investor Interest