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BRIEF-Advanced Drainage Systems says Joseph Chlapaty to retire as CEO

March 7 Advanced Drainage Systems Inc

* Advanced drainage systems - Joseph Chlapaty has communicated intention to retire as President, CEO, Chairman of board by end of 2017

* Joseph Chlapaty announces intention to retire as CEO of ADS

* Board has created a search committee and has hired Korn Ferry to identify both internal and external candidates

* Advanced Drainage Systems Inc - Chlapaty will remain as President, CEO and Chairman of board throughout search process to ensure an orderly transition Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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