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BAXTER APPOINTS WILLIAM AMPOFO TO ITS BOARD Addition of Mr. Ampofo complements and expands current board expertise, reflects focus on continued board refreshment efforts DEERFIELD, Ill., JUNE 29, 20

Key Takeaway: Baxter International Inc. has appointed William A. Ampofo II to its board of directors, effective immediately. Mr. Ampofo brings significant experience from his leadership roles at Boeing and United Technologies Corporation, particularly in supply chain operations. His appointment increases the board's total to 11 members and aims to enhance the company's operational expertise and governance. Baxter's continued efforts toward board refreshment are exemplified by this strategic addition.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of William Ampofo enhances board expertise.
  • Mr. Ampofo has a strong background in supply chain operations.
  • Baxter's board refreshment efforts are clearly ongoing.
  • His experience at multinational companies adds valuable insight.

Full Press Release Details

BAXTER APPOINTS WILLIAM AMPOFO TO ITS BOARD
Addition of Mr. Ampofo complements and expands current board expertise, reflects focus on continued board refreshment efforts
DEERFIELD, Ill., JUNE 29, 2023 - Baxter International Inc. (NYSE BAX), a global medtech leader, today announced it has appointed William A. Ampofo II, chair, Supply Chain Operations Council and vice president, Parts Distribution Services and Supply Chain, Boeing Global Services, to its board of directors. Mr. Ampofo will serve on Baxter's Quality, Compliance Technology Committee. His appointment is effective today and brings the total number of directors serving the company to 11.
"William's deep operational expertise, track record as a supply chain leader, and distinguished career driving transformation at multinational companies will enrich and further differentiate our current board membership," said Jos (Joe) E. Almeida, chairman, president and chief executive officer. "We are excited to welcome William to Baxter's board and look forward to his many contributions."
Mr. Ampofo has worked for the Boeing Company since 2016 and currently serves as the leader of the Parts Distribution Services business and the Global Services Supply Chain function for Boeing Global Services. In this capacity, he leads all aspects of the supply chain function, including a division with operations in over 70 countries and more than 300 locations around the world. Prior to joining Boeing, Mr. Ampofo spent 22 years at United Technologies Corporation (UTC) working in roles of increasing responsibility related to finance, information technology, corporate strategy and operations. Mr. Ampofo earned a bachelor's degree in finance from Adelphi University and a Master of Business Administration from George Washington University. He is a member of The Executive Leadership Council and currently serves on the board of directors for the General Aviation Manufacturers Association and the Dallas Regional Chamber as well as the board of trustees for Cheshire Academy in Cheshire, Connecticut. In addition, he is a past advisory board member for Howard University's Center of Excellence in Supply Chain Management.
Baxter is a registered trademark of Baxter International Inc.
Stacey Eisen, (224) 948-5353
Clare Trachtman, (224) 948-3020

Frequently Asked Questions

Who is William A. Ampofo?

William A. Ampofo II is the new board member of Baxter International Inc.

What role will Ampofo serve on Baxter's board?

He will serve on Baxter's Quality, Compliance Technology Committee.

How many directors does Baxter have now?

Baxter now has a total of 11 directors on its board.

What is Ampofo's background?

He has extensive experience in supply chain leadership at Boeing and UTC.

What degrees does William Ampofo hold?

He has a bachelor's in finance and an MBA from George Washington University.

Last updated: Jun 29, 2023