Primo Brands appoints new director to strengthen governance
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Primo Brands Corporation announced the resignation of director Kimberly Reed, effective January 15, 2026, with no disagreements cited. Minsok Pak, former CEO of CJ Foods, has been appointed as a new director to enhance governance and strategic capabilities. The company maintains standard compensation arrangements with no related-party transactions. Analyst ratings for PRMB stock are mixed, with a Hold rating and a $19.00 price target, reflecting challenges in profitability but optimism due to revenue growth and strategic initiatives.
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