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Swisher Hygiene Announces Nominees For Election To Board Of Directors

Stocks in this article: SWI SWSH

CHARLOTTE, N.C., May 1, 2013 (GLOBE NEWSWIRE) -- Swisher Hygiene Inc. ("Swisher Hygiene") (Nasdaq:SWSH) (TSX:SWI), a leading provider of essential hygiene and sanitizing products and services, announced today that its Board of Directors has nominated seven individuals to the Board, to be voted on by Swisher Hygiene's Stockholders at the Annual Meeting scheduled to be held on June 5, 2013. Nominees include six current members of the Board of Directors and William M. Pierce, who has been nominated to become a new member of the Board. Mr. Pierce, a Senior Vice President at Huizenga Holdings, Inc., has held financial and operating positions at companies in which H. Wayne Huizenga has invested, including Chief Financial Officer of Boca Resorts, Inc., a NYSE-listed company, prior to its sale in 2004.  

Current Chairman H. Wayne Huizenga and Directors Senator David Braley and Governor John Ellis ("Jeb") Bush have notified the Board of Directors that each will not stand for reelection. Board Member Richard L. Handley, Senior Vice President and General Counsel of Huizenga Holdings, Inc., is expected to be named Chairman upon the departure of Mr. Huizenga. Effective with the Annual Meeting, the Board of Directors will be reduced from nine members to seven. 

Mr. Huizenga, who turned 75 this past December, commented, "Over the last several years, I have been reducing my public and private commitments to various Boards of Directors. With Swisher Hygiene having completed its restatements and 2012 SEC filings, having a sound balance sheet and able to focus on its operations, I believe now is the right time to step down as Chairman.  This decision to step down will complete my retirement from serving on all public or private Boards."

"I want to thank David and Jeb for being such vital and committed members of the Board, and for providing their support to the Board through the audit and restatement process despite their extremely busy schedules," continued Mr. Huizenga.  "I remain confident in the future direction of the company and I will continue to follow its progress as one of the company's largest shareholders."

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