The Board of Directors of Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, appointed Barbara Borra as a new independent director to replace Martín Ariel Atlas.
This appointment will be subject to ratification at the Company’s next General Shareholders’ Meeting.
This change on the Board follows Rhône Capital’s sell-down in September, decreasing its shareholding below 15% to 11.5%.
This drop below 15% implies that the number of nominee directors from Rhône Capital on the Board falls from 4 to 3, in line with the Shareholders Agreement.
Since January 2019, Borra is the president and CEO of the Home Solutions Division at the Franke Group.
She joins the Board of Directors of Fluidra after 35 years of international experience that has included senior management posts at Whirlpool, where she worked for 10 years, the most recent of which was VP of operations in China.
Previously, she held other international roles in different countries during her time at Rhodia and General Electric.
Borra is currently a member of the Supervisory Board at Randstad, a listed Dutch company leader in HR services.