Cambrex appoints retired Grant Thornton executive to board of directors

Louis Grabowsky joins Cambrex’s board of directors. (File photo)

EAST RUTHERFORD, US: Cambrex Corporation said it has appointed Louis Grabowsky (64) to the company’s board of directors for a term expiring on the date of its 2016 annual meeting and that he will serve on the board’s audit committee.

Grabowsky is a co-founder and principal of Juniper Capital Management, a financial sponsor in US and he was also a partner with Grant Thornton LLP. Grabowsky served as COO of Grant Thornton from 2009 to 2013 before retiring in 2014. Also, before becoming COO, he held several leadership roles at Grant Thornton.

Grabowsky’s appointment increases the size of the board to nine members until William Korb’s (one of the board members) retirement following the company’s April 2016 annual meeting of stockholders.

“We are excited to have Lou join Cambrex’s board of directors. He has enjoyed a distinguished career at one of the world’s leading independent audit, tax and advisory firms and his appointment further strengthens our financial and operational experience on the board,” said Shlomo Yanai, chairman of the board.

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