StockWatch
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Farming/Seeds/Milling
Management ChangeNov 4, 2026, 04:32 PM

Universal Corp Appoints Gregory R. Friedman to Board of Directors

AI Summary

Universal Corporation announced the appointment of Gregory R. Friedman to its Board of Directors, effective November 4, 2026. The Board size was increased to 10 members to accommodate the new director. Mr. Friedman, who brings over 30 years of financial and operational leadership experience, including previous roles as CFO at Mura Technology and Corteva, Inc., has been deemed an independent director. He is expected to contribute to key committees, including the Audit Committee. His compensation will be consistent with that of other non-employee directors.

Key Highlights

  • Universal Corporation increased its Board size to 10 members.
  • Gregory R. Friedman appointed as a new independent director.
  • Mr. Friedman expected to serve on Audit, Nominating, Governance & Risk, and Finance & Pension Investment Committees.
  • Mr. Friedman's compensation will align with existing non-employee director policies.