Bottled water company ignores activist investor’s board member recommendations

Primo Water Corporation (NYSE: PRMW), a Tampa-based provider of sustainable drinking water solutions in North America and Europe, has appointed Eric Foss to its board of directors, ignoring recommendations submitted by Legion Partners Asset Management, an activist investor that has been highly critical of the company’s recent performance.

According to a news release, Foss has decades of experience leading route-based businesses and beverage companies, including Aramark and Pepsi Bottling Group, and even helped guide the latter through an IPO process.