AdvanSix reported that Michael L. Marberry, the Chair of the Board of Directors, notified the company of his intention to retire from the Board, effective at the company’s annual meeting of stockholders to be held on June 15, 2023. AdvanSix said he indicated that his departure was not the result of any disagreement with management or the Board.
Effective at the annual meeting, Todd Karran will succeed Marberry as the new Board Chair, and the size of the Board will be reduced from nine to eight directors.