Enerpac Tool Group Announces Executive Leadership Change
October 01 2019 - 8:30AM
Business Wire
Enerpac Tool Group (NYSE:ATU) today announced that Barbara G.
Bolens has been appointed Executive Vice President and Chief
Strategy Officer. Ms. Bolens joined Enerpac Tool Group in August
2018 and since then has led strategy, investor relations and
communication.
“We are extremely pleased to announce Barb’s promotion. Her
expertise, collaborative nature and personal passion exemplify the
qualities that will help lead Enerpac Tool Group as we transform
the company into a premium pure play industrial tools and services
company. The new role elevates the development and deployment of
strategy within our company,” said Randy Baker, CEO of Enerpac Tool
Group. “Since joining Enerpac Tool Group, Barb has been
instrumental in leading the development of the strategy and
branding of our new company and I am confident that Barb will be
successful in this role.”
Prior to coming to Enerpac, Ms. Bolens spent over 6 years at
Komatsu Mining Corporation/Joy Global Inc (its predecessor) as its
VP and Treasurer. Responsible for treasury operations at both
Komatsu America/Komatsu Mining Corp and Joy Global, she led several
significant treasury and risk management initiatives including
integration and merger activities, development of an enterprise
risk management structure and implementation of effective
strategies to manage the company’s capital structure. Prior to
Komatsu Mining/Joy Global, she held financial leadership positions
of progressive responsibility at several other multinational
corporations as well as early career leadership roles in sales and
marketing. Ms. Bolens has a deep understanding of both OEM and
distribution business models and has worked to create cohesive
strategies, efficient capital and liquidity structures and
impactful financial communications at the companies where she has
worked.
About Enerpac Tool Group
Enerpac Tool Group is a premier industrial tools and services
company serving a broad and diverse set of customers in more than
90 countries. The Company’s businesses are global leaders in high
pressure hydraulic tools, controlled force products and solutions
for precise positioning of heavy loads that help customers safely
and reliably tackle some of the most challenging jobs around the
world. The Company was founded in 1910 and is headquartered in
Menomonee Falls, Wisconsin. Enerpac Tool Group will trade on the
NYSE under the symbol EPAC beginning on October 7, 2019. Until
then, its NYSE symbol is ATU. Although the Company has adopted
“Enerpac Tool Group” as its doing-business name, its legal name
continues to be Actuant Corporation until the change is approved by
its shareholders. For further information on Enerpac Tool Group and
its businesses, visit the Company's website at
www.enerpactoolgroup.com.
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