UTZ Brands (UTZ) has issued an announcement.
Michael W. Rice retired and resigned from Utz Brands, Inc.’s Board of Directors, effective August 20, 2024, with no disagreements cited. William Werzyn Jr. will fill the vacancy, recommended by UM Partners, LLC under the 2020 Investor Rights Agreement. As a new board member, Werzyn will receive a prorated annual cash retainer of $87,500 and equity worth $130,000. Werzyn, CEO of West Shore Home since 2006, brings extensive experience from his leadership role in the home renovation sector.
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