H.B. Fuller names UFP Technologies' Jeff Bailly to board; director Ruth Kimmelshue steps down after 9 years

FULLER H B CO

R. Jeffrey Bailly, 64, elected a Class I director effective Sept 23, 2026, with a term expiring at the 2027 annual meeting; he joins the Audit and Compensation committees.
Ruth S. Kimmelshue resigned from the board effective Sept 23, 2026 after nearly 9 years; the company states the retirement is not due to any disagreement on operations, policies or practices.
Bailly was UFP Technologies CEO from 1995 to 2026 and chairman since 2006, now executive chairman; he led 20+ acquisitions, including the 2018 purchase of Dielectrics.
Director compensation: $100,000 annual cash retainer, an initial grant of 1,300 restricted stock units, and eligibility for an annual $165,000 discretionary deferred phantom stock unit grant.
CEO Celeste Mastin links the appointment to medical end-market expertise and the push for greater than 20% adjusted EBITDA margin; press release dated Sept 28, 2026.

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