Universal Corporation Appoints Jacqueline T. Williams to Board of Directors, with Effect from April 01, 2020
February 04, 2020 at 04:17 pm EST
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Universal Corporation announced the appointment of Jacqueline T. Williams to the Universal Corporation Board of Directors, effective April 1, 2020. With this appointment, the Universal Corporation Board expands to nine directors, eight of whom are independent. Ms. Williams has held several leadership roles for the state of Ohio over the last decade. In her most recent role as the Director of the Ohio Department of Commerce, to which she was appointed by the governor of Ohio, Ms. Williams oversaw strategy and operations for the regulation of 28 unique industries. As Chief of Minority Business Development with the state's Development Services Agency, she generated an unprecedented $165 million in spending with minority- and women-owned businesses. As Executive Director of the Ohio Liquor Control Commission, she transformed the state's liquor industry by implementing improved business practices. She previously worked for the New America Foundation as a Director in the College Savings Initiative where she designed and developed the country's first universal college savings plan for the city of San Francisco in collaboration with that city's treasurer. Previously, Ms. Williams served for a decade as an Executive Director for the Ohio Tuition Trust Authority. She spent the first 15 years of her career with AT&T.
Universal Corporation is a global leaf tobacco supplier. The Company is a business-to-business Agri-products supplier to consumer product manufacturers, operating in over 30 countries. Through its plant-based ingredients platform, it provides a variety of value-added manufacturing processes to produce specialty vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for human and pet food end markets. It operates through two segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment activities involve contracting, procuring, processing, packing, storing, and shipping leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. It also provides physical and chemical product testing and smoke testing for tobacco customers. The Ingredients Operations segment provides its customers with a broad variety of plant-based ingredients for both human and pet consumption.
UNIVERSAL CORPORATION 