Franklin Electric Names Greg Levine, Vice President and President, Global Water
05 Julio 2023 - 8:00AM
Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that
Donald Kenney, Vice President and President, Global Water, will be
retiring after 25 years with the company. Kenney was a driving
force behind Franklin Electric’s Global Water growth and strategy
over the last decade, and he will remain with the company through
the end of July to ensure a smooth transition to his successor,
Greg Levine. Levine will join Franklin Electric on July 3 from
Nidec Corporation, where he served as President of the Motion
Control and Drives business for the past six years. In his new
role, Levine will be responsible for Franklin Electric’s global
Water Systems business.
“Don’s strategic vision and customer-centric approach was
essential to our growth these past few years,” said Gregg
Sengstack, Chairperson and Chief Executive Officer. “We are excited
to bring on a leader with a proven track record of identifying and
nurturing growth opportunities. This insight will allow us to build
on the strong foundation we have in place.”
Levine served in global profit and loss and technology roles for
Nidec for 13 years, where he oversaw an international team of 3,800
individuals across 13 operational sites. During his time with
Nidec, Levine positioned the company to grow two-fold in five years
through organic growth and acquisitions. Before working at Nidec,
Levine held senior engineering roles at Emerson for 15 years.
“Greg’s disciplined technology focus and industry insight will help
him guide Franklin Electric well into the future as we explore new
products, markets and customers,” said Mr. Sengstack.
About Franklin ElectricFranklin Electric is a
global leader in the production and marketing of systems and
components for the movement of water and energy. Recognized as a
technical leader in its products and services, Franklin Electric
serves customers around the world in residential, commercial,
agricultural, industrial, municipal, and fueling applications.
Franklin Electric is proud to be named in Newsweek’s lists of
America’s Most Responsible Companies and Most Trustworthy Companies
for 2023 and America’s Climate Leaders 2023 by USA Today.
"Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995. Any forward-looking statements contained
herein, including those relating to market conditions or the
Company’s financial results, costs, expenses or expense reductions,
profit margins, inventory levels, foreign currency translation
rates, liquidity expectations, business goals and sales growth,
involve risks and uncertainties, including but not limited to,
risks and uncertainties with respect to general economic and
currency conditions, various conditions specific to the Company’s
business and industry, weather conditions, new housing starts,
market demand, competitive factors, changes in distribution
channels, supply constraints, effect of price increases, raw
material costs, technology factors, integration of acquisitions,
litigation, government and regulatory actions, the Company’s
accounting policies, future trends, epidemics and pandemics, and
other risks which are detailed in the Company’s Securities and
Exchange Commission filings, included in Item 1A of Part I of the
Company’s Annual Report on Form 10-K for the fiscal year ending
December 31, 2022, Exhibit 99.1 attached thereto and in Item 1A of
Part II of the Company’s Quarterly Reports on Form 10-Q. These
risks and uncertainties may cause actual results to differ
materially from those indicated by the forward-looking statements.
All forward-looking statements made herein are based on information
currently available, and the Company assumes no obligation to
update any forward-looking statements.
Contact: |
Jeff Taylor |
|
Franklin Electric Co., Inc. |
|
260.824.2900 |
Franklin Electric (NASDAQ:FELE)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Franklin Electric (NASDAQ:FELE)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024