Retired U.S. Army General Edward M. Daly Appointed to Olin's Board of Directors

Rhea-AI Summary

Olin (NYSE: OLN) has appointed retired U.S. Army General Edward Daly to its Board of Directors, effective March 5, 2025. General Daly, who will serve on the Compensation Committee, brings over 36 years of military service and extensive expertise in defense procurement and logistics.

As the former Commanding General of the U.S. Army Materiel Command, Daly led 190,000 personnel across all 50 states and over 150 countries, managing an annual budget exceeding $50 billion. Since retiring in May 2023, he has founded Virtus 9, a national security-focused startup, and serves as President of Daly Consulting & Logistics.

The West Point graduate and holder of advanced degrees from Gonzaga University and U.S. Army War College is notably the only career Logistics 4-Star General from West Point since its founding in 1802. His appointment aims to provide strategic insight for Olin's growth across its chemical products and ammunition businesses.

Positive

• Addition of high-level military expertise to board strengthens defense sector connections
• Strategic appointment enhances procurement and logistics expertise
• Board member's experience managing $50B budget adds financial oversight capability

Negative

• None.

News Market Reaction

-1.43%

1 alert

-1.43% News Effect

On the day this news was published, OLN declined 1.43%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CLAYTON, Mo., March 6, 2025 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that General (U.S. Army retired) Edward (Ed) Daly was appointed as a new director by Olin's Board of Directors to serve on Olin's Board effective March 5, 2025. General Daly was selected to serve on the Compensation Committee of Olin's Board.

General Daly retired from the United States Army in May 2023, after serving our Nation honorably for more than 36 years, developing extensive expertise in defense procurement and logistics. His last assignment was as the 20th Commanding General of the U.S. Army Materiel Command, where he led 190,000 military personnel, civilians, and contractors, across all 50 U.S. states and more than 150 countries. In this role, General Daly provided logistics and materiel readiness across the U.S. Department of Defense and the Joint Forces, with an annual budget exceeding $50 billion.

Since his retirement, General Daly has founded Virtus 9, an innovative startup focused on enhancing U.S. national security. He also serves as President of Daly Consulting & Logistics. He is also on the Boards of and serves as an advisor to several companies, including SkyWater Technology and Zensights LLC.

General Daly grew up in New Jersey and graduated West Point. He also holds a master's degree in business administration from Gonzaga University and a master's in strategic studies from the U.S. Army War College. General Daly is the only career Logistics 4-Star General to graduate from West Point since its founding in 1802.

General Daly is keen to join Olin's Board of Directors for multiple reasons, including his affinity for Winchester and the opportunity to continue serving the mission for the warfighter.

"We are thrilled to welcome General Daly to our Board of Directors. His exemplary military career, and fluid understanding of global trade and security will provide an extraordinary new perspective to our Board," said Olin's President & CEO, Ken Lane. "General Daly's leadership and insight, will help guide our growth across all Olin businesses."

COMPANY DESCRIPTION

Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets.

Visit www.olin.com for more information on Olin Corporation and www.winchester.com to learn more about Winchester Ammunition.

2025-07

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SOURCE Olin Corporation

FAQ

What role will General Edward Daly serve on Olin 's (OLN) Board?

General Daly will serve on the Compensation Committee of Olin's Board of Directors, effective March 5, 2025.

What was General Daly's most recent military position before joining Olin (OLN)?

He served as the 20th Commanding General of the U.S. Army Materiel Command, managing 190,000 personnel and a $50 billion budget.

What are General Daly's current business ventures since retiring from the Army in 2023?

He founded Virtus 9, serves as President of Daly Consulting & Logistics, and holds board positions at companies including SkyWater Technology and Zensights

How does General Daly's military experience align with Olin's (OLN) business operations?

His extensive experience in defense procurement and logistics aligns with Olin's Winchester ammunition business and global chemical manufacturing operations.