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Ecolab Inc . (NYSE:ECL), a $76 billion market cap company currently trading near its 52-week high, announced that Machiel Duijser, executive vice president and chief supply chain officer, has resigned to accept a senior executive position at another publicly traded company. According to a press release statement filed with the Securities and Exchange Commission, Duijser submitted his resignation on Monday and will depart the company on July 25.
Ecolab stated that Duijser’s resignation is not due to any disagreement with the company regarding its operations, policies, or practices. The company also indicated it has a succession plan in place and will appoint an internal successor to the chief supply chain officer role.
Duijser has led Ecolab’s supply chain functions for the past five years. Ecolab, headquartered in Saint Paul, Minnesota, is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol ECL.
This information is based on a press release statement included in the company’s recent SEC filing.
In other recent news, Ecolab Inc. is expected to meet its second-quarter 2025 earnings estimates, according to RBC Capital, which has maintained its Outperform rating with a $294 price target. RBC anticipates a 3% organic growth for the quarter, with pricing increases of 2-3%, and suggests potential for a modest increase in full-year earnings per share guidance due to favorable foreign exchange conditions. Meanwhile, UBS has reaffirmed a Neutral rating with a $271 price target, highlighting Ecolab’s focus on digital and pest control solutions, which saw a 12% growth in digital sales in the first quarter. Ecolab’s management remains confident in achieving a 20% operating income margin by 2027, aligning with consensus estimates. Berenberg has adjusted its price target for Ecolab to $243, maintaining a Hold rating after the company’s first-quarter earnings met expectations. The firm noted that increased revenues from price surcharges and favorable foreign exchange rates were offset by rising costs and slower volume growth. Stifel reduced its price target to $303 but continues to endorse Ecolab with a Buy rating, citing the company’s strategic pricing adjustments and robust supply chain as key factors in navigating tariff challenges. Additionally, Ecolab announced the appointment of former McDonald’s (NYSE:MCD) executive Marion Gross to its board, bringing extensive supply chain management experience to support the company’s strategic growth.
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