Primo Brands Corp Director Resigns; Sudhanshu Priyadarshi Appointed

What Happened
Primo Brands Corporation announced on July 14, 2026 that the Board accepted the resignation of director Minsok Pak, who left due to a change in his principal employment responsibilities and not because of any disagreement with the company. The Board simultaneously appointed Sudhanshu Priyadarshi, age 49, to fill the vacancy effective July 14, 2026. Mr. Priyadarshi will serve until the company’s 2027 Annual Meeting of Stockholders (or until his successor is elected) and will join the Board’s Audit Committee and Sustainability Committee.

Key Details

• Resignation accepted: Minsok Pak — effective July 14, 2026; resignation cited new executive role and change in principal employment responsibilities; no disagreement with the Company.
• Appointment: Sudhanshu Priyadarshi — effective July 14, 2026; will serve until the 2027 Annual Meeting.
• Background: Mr. Priyadarshi is currently CFO and President, International at Planet Fitness; prior roles include CFO/President, International and CFO roles at Keurig Dr Pepper, CFO at Vista Outdoor, and senior roles at Flexport, Walmart and PepsiCo. He sits on the board of Wabash National Corporation.
• Governance and compensation: Appointed as a Sponsor Nominee per the November 7, 2024 Stockholders Agreement; will be paid under the company’s Non‑Employee Director Compensation Program and will enter the company’s standard indemnification agreement. No transactions requiring Item 404(a) disclosure since the start of the last fiscal year.

Why It Matters
This is a board-level change that replaces one director with an experienced finance executive who brings packaged‑goods, logistics and technology experience. For investors, the appointment strengthens the Board’s financial and operational expertise—notably on audit oversight—without any reported dispute with management. The appointment as a Sponsor Nominee also reflects agreed governance arrangements with a key stockholder group.