This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Ashland Adds Independent Director, Expands Board for Growth

Tipranks - Tue May 19, 5:48PM CDT

Claim 55% Off TipRanks

Ashland ( (ASH) ) just unveiled an announcement.

Ashland Inc. expanded its board of directors from eight to nine members and appointed Bertrand Loy as an independent director, effective May 15, 2026, with the move formally announced on May 18, 2026. Loy, who serves as director and executive chair of semiconductor materials supplier Entegris Inc. and previously led it as president and CEO, joined Ashland’s audit and governance and nominating committees and will receive prorated restricted stock units under the company’s non‑employee director compensation program.

The board expansion anticipates possible retirements under Ashland’s existing retirement and resignation policy and is intended to strengthen governance and support the firm’s strategic priorities of execution, globalization, innovation and investment. Loy’s technology-sector experience and track record in both organic and acquisition‑driven growth are expected to bolster Ashland’s board expertise as the company positions itself for scalable growth and continues refining its oversight of financial and governance matters.

The most recent analyst rating on (ASH) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Ashland stock, see the ASH Stock Forecast page.

Spark’s Take on ASH Stock

According to Spark, TipRanks’ AI Analyst, ASH is a Neutral.

The score is held back primarily by severely depressed profitability and a technically weak downtrend (price below key moving averages). Offsetting factors include strong recent free cash flow generation and a manageable balance sheet, while valuation is constrained by a high P/E despite a supportive dividend. The latest earnings call adds a modestly positive tilt due to liquidity and longer-term cost/innovation initiatives, but near-term execution and margin risks remain prominent.

To see Spark’s full report on ASH stock, click here.

More about Ashland

Ashland Inc. is a global additives and specialty ingredients company focused on environmental, social and governance principles, serving a broad array of consumer and industrial markets including architectural coatings, construction, energy, food and beverage, personal care and pharmaceuticals. The company employs about 2,900 staff, ranging from scientists and research chemists to engineers and plant operators, and supplies customers in more than 100 countries.

Average Trading Volume: 796,382

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.5B

For detailed information about ASH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.