Emerson Electric Finance Chief Frank Dellaquila to Retire
May 03 2023 - 07:37AM
Dow Jones News
By Will Feuer
Emerson Electric said longtime Chief Financial Officer Frank
Dellaquila is retiring and will be succeeded by Chief Accounting
Officer Mike Baughman.
The change will take effect on May 10, the St. Louis-based
manufacturer said.
Mr. Baughman joined Emerson in 2017 and previously worked for
some 14 years in various finance roles at healthcare products
company Baxter International.
Chief Executive Lal Karsanbhai said Mr. Baughman has played a
key role in Emerson's recent deals.
Mr. Dellaquila, who has served as CFO of Emerson since 2009,
said it is the right time for him to step down as the company
shifts focus from transformation to execution.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
May 03, 2023 07:21 ET (11:21 GMT)
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