CSW Industrials, Inc. announced that its board of directors has elected Anne Motsenbocker as an independent director. In new role, Ms. Motsenbocker has also been appointed as a member of the audit committee and the compensation and talent development committee of the company's board. Ms. Motsenbocker brings extensive executive leadership experience and strong strategic and financial acumen to the company's board, gained through serving in numerous executive leadership roles over a 36-year career with J.P. Morgan Chase, a global financial services firm.

Prior to retiring from J.P. Morgan Chase in February 2021, Ms. Motsenbocker served as a managing director and senior leader of the southwest region of the commercial bank. During Motsenbocker tenure with the firm, Motsenbocker held roles of increasing responsibility, including serving as National Head of Multinational Corporations, chairman of Dallas Market leadership, president of Dallas region middle market banking, and head of the Dallas region of the private bank. Since January 2022, Ms. Motsenbocker has served as a board member of U.S. physical therapy, where Motsenbocker serves as a member of the audit committee.

Ms. Motsenbocker received her BBA from the University of Texas at Austin in 1984 with a concentration in finance and international business. On June 27, 2022, current board member Debra von Storch notified the company of intent to not stand for re-election at the 2022 annual meeting of shareholders. Ms. von Storch's decision to not stand for re-election does not result from any disagreement with the company on any matter.

Following this notification, Mr. Swartz was elected chairman of the audit committee, effective June 27, 2022.