Primo Brands Corporation announced that on January 12, 2026, Kimberly Reed informed the Board of Directors of her resignation from the Board, effective January 15, 2026. Ms. Reed had served as a member of the Board?s Nominating and Governance Committee and Chair of the Board?s Sustainability Committee. The decision by Ms. Reed to resign from the Board was not the result of any disagreement with the Company on any matter regarding the Company?s operations, policies or practices.
Additionally, on January 15, 2026, the Board appointed Minsok Pak to serve on the Board, effective January 15, 2026, to fill the vacancy created by Ms. Reed?s resignation. Mr. Pak will serve as a director until the Company?s 2026 Annual Meeting of Stockholders or until his successor shall have been elected and qualified, subject to his earlier death, resignation, retirement, disqualification or removal. Mr. Pak will also serve as a member of the Board?s Audit Committee and Sustainability Committee.
Mr. Pak, age 56, held several roles at CJ Foods, an international food manufacturer, from 2022 to 2025, including Chief Executive Officer (March 2023 to May 2025), Chief Operating Officer (November 2022 to March 2023) and Chief Growth and Marketing Officer (September 2022 to November 2022), where he was responsible for spearheading global operations, growing the business and entering new markets. Prior to CJ Foods, from 2020 to 2022, he served as Executive Vice President, Chief Strategy and Transformation Officer of Mondelez International, an international snack manufacturer, where he was responsible for enterprise strategy as well as strategic growth opportunities, including M&A, new business and digital transformation initiatives. Prior to Mondelez, he served as Executive Vice President and Chief Strategy and Innovation Officer at Target Corporation, a general merchandise retailer, from 2017 to 2020, where he had oversight of Target?s enterprise strategy and innovation efforts and helped lead the development and implementation of the company?s growth strategy.
He began his career at McKinsey & Company, where he spent nearly two decades in various roles, including Head of the Asia-Pacific Sales and Marketing, and other leadership positions in North American Supply Chain and Asia Consumer & Retail practices. The Board believes that Mr. Pak?s extensive experience as a leader of food manufacturing companies will be a valuable contribution to the Board. Mr. Pak was appointed to the Board as a Sponsor Nominee (as defined in the Amended and Restated Certificate of Incorporation of the Company (the ?Charter?)) in accordance with the Stockholders Agreement, dated November 7, 2024, by and between the Company, Triton Water Parent Holdings, LP and the other parties joined thereto from time to time, and the Charter.
Primo Brands Corporation is a beverage company with a focus on healthy hydration, delivering sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in every state and Canada. The Company has a portfolio of packaged branded beverages distributed across more than 150,000 retail outlets, including brands, Poland Spring, Pure Life, Saratoga, Mountain Valley, Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills, Primo Water, Sparkletts, Splash, and AC+ION. These brands are sold directly across retail channels, including mass food, convenience, natural, drug, wholesale, distributors and home improvement, as well as food service accounts in North America. It has Water Direct, Water Exchange and Water Refill businesses. Through its Water Direct business, it delivers sustainable hydration solutions direct to home and business consumers. The Company is also engaged in reusable packaging.
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