UL Solutions Inc. announced updates to its board of directors, including the intended nomination of Vikram Kini to stand for election at the company’s 2025 annual meeting of stockholders. Kini currently serves as senior vice president and chief financial officer of Ingersoll Rand Inc.
Director Frank Coyne will not be nominated for re-election due to the board’s director retirement policy after 16 years of service. Additionally, Director Lisa Lambert notified the board she will not stand for election for personal reasons, having served since June 2021.
With these changes, the board approved a reduction in the number of board members from 13 to 12, effective at the annual meeting. The addition of Kini is expected to bring significant financial experience and expertise to the board.
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