On August 10, 2021, Acuity Brands, Inc. announced the retirement of Peter C. Browning from the Company’s Board of Directors and the election of Mark J. Sachleben to the Board, both with effect from August 6, 2021. Mr. Sachleben, whose term will expire at the next annual meeting of stockholders, was also appointed to the Governance Committee and the Compensation and Management Development Committee. Mr. Sachleben, has served as the Chief Financial Officer of New Relic, Inc. (“New Relic”) since April 2008 and as Corporate Secretary of New Relic since February 2018. He served as Vice President of Finance of Wily Technology, Inc. from December 1999 to March 2006. He does not serve on any other public company boards.
Acuity Brands, Inc. is an industrial technology company. The Company uses technology to solve problems in spaces and light. It operates through two segments: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG). ABL's portfolio of lighting solutions includes commercial, architectural, and specialty lighting in addition to lighting controls and components that can be combined to create integrated lighting control systems. It offers devices, such as luminaires that utilize light emitting diode (LED) technology designed to optimize energy efficiency and comfort for various indoor and outdoor applications. ABL's brand portfolio include Aculux, Indy, Gotham, and more. ISG offers a building management platform and location-aware applications. Its building management platform includes products for controlling heating, ventilation, and air conditioning (HVAC), lighting, shades, and building access that deliver end-to-end optimization of building systems.