This excerpt taken from the FRZ 8-K filed Feb 23, 2006.
TO ITS BOARD OF DIRECTORS
FEBRUARY 23, 2006 - DALLAS, TEXAS - Reddy Ice Holdings, Inc. (NYSE: FRZ) today announced changes to the composition of its Board of Directors (the Board) and Board committees.
The Company announced the retirement, effective February 22, 2006, of Beth L. Bronner from the Board and also announced that the Board had appointed Michael S. McGrath to fill the resulting vacancy on the Board and to serve on the Boards Audit and Corporate Governance and Nominating Committees. The appointment was effective on February 22. The Board has determined that Mr. McGrath is independent, as defined under and required by the Federal securities laws and the rules of the New York Stock Exchange. In addition, the Board elected new chairmen for two of the Boards committees in order to better utilize the experience and efforts of all the Companys independent directors. Robert N. Verdecchio has been elected as chairman of the Corporate Governance and Nominating Committee to replace Ms. Bronner and Theodore J. Host has been elected as chairman of the Compensation Committee.
Mr. McGrath is the former President and Chief Operating Officer of Dr. Pepper/Seven Up, Inc., the North American business of Cadbury Schweppes plc. From August 1998 to March 2002, Mr. McGrath was President and Chief Operating Officer of Cadbury Beverages/Seven Up. In April 2002, Mr. McGraths responsibilities as President and Chief Operating Officer were expanded to include Cadbury Schweppes Dr. Pepper business. Mr. McGrath retired in January 2005. Mr. McGrath holds a Bachelor of Education from Boston College.
We thank Beth Bronner for her valuable contributions to the Company as a director, commented Chairman and Chief Executive Officer William P. Brick. We also look forward to Mike McGrath joining the Board and contributing his extensive experience to our continuing development.
Mr. McGrath will receive compensation and perquisites in accordance with policies and procedures previously approved by the Board for non-employee directors of the Company.