Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On January 9, 2023, James M. Kilts stepped down from his position as Co-Chief
Executive Officer of Conyers Park III Acquisition Corp. (the "Company"). Mr.
Kilts resigned to adhere to certain evolving corporate governance guidelines
related to over-boarding. The Company's board of directors (the "Board")
determined that Mr. Kilts will serve in a special advisory role to the Board
moving forward, working closely with the Company's management team in
identifying and evaluating businesses for a potential business combination, as
well as assisting management in presenting such opportunities to the Board for
consideration. Mr. Kilts also will work closely with the Company's management
team to execute such a business combination and it is expected that he will have
a meaningful role advising the combined company after completion of the business
combination. The Board also determined that David J. West will now serve as the
Company's sole Chief Executive Officer.
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