Olin Corporation (NYSE: OLN) has appointed retired U.S. Army General Edward M. Daly to its board of directors, effective March 5, 2025. General Daly brings extensive expertise in defense procurement and logistics, having served in the U.S. Army for over 36 years. He previously led the U.S. Army Materiel Command, overseeing logistics and materiel readiness with an annual budget exceeding $50 billion.
Since his retirement, General Daly has been involved in various ventures, including founding Virtus 9, an innovative startup focused on enhancing U.S. national security, and serving as president of Daly Consulting & Logistics. He also holds positions on the boards of and serves as an advisor to several companies, including SkyWater Technology and ZenSights LLC.
General Daly's appointment to Olin's board of directors is expected to bring a fresh perspective, given his extensive military background and understanding of global trade and security. Olin's President & CEO, Ken Lane, expressed enthusiasm about General Daly joining the board, citing his leadership and insight as valuable assets that will help guide the company's growth across all its businesses.
Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products, as well as a prominent U.S. manufacturer of ammunition. The company's chemical products include chlorine, caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Additionally, its Winchester division produces and distributes a range of ammunition, including sporting ammunition, law enforcement ammunition, and small caliber military ammunition, among others. Today the company's shares have moved -1.6% to a price of $24.58. For more information, read the company's full 8-K submission here.
