MILWAUKEE, March 4, 2021 /PRNewswire/ -- Global water
technology company A. O. Smith Corporation (the "Company") (NYSE:
AOS) today announced the nomination of Victoria M. Holt and Michael M. Larsen to the board of directors.
A. O. Smith thanks two retiring board members and nominates new
board members.
Victoria M. Holt recently retired
as president and chief executive officer of publicly-traded
Proto Labs, Inc., after leading the
company since 2014. Headquartered in Maple Plain, Minn., Proto Labs engages in the digital manufacture of
custom prototypes and production parts, and offers 3D printing, CNC
machining and injection molding services. Ms. Holt previously
served as president and chief executive officer of Spartech
Corporation, a provider of plastic sheet, compounds and packaging
products. Prior to Spartech, Ms. Holt was the senior vice
president, glass & fiberglass at PPG Industries, Inc., a
coatings and specialty products company. In addition to her board
member role, Ms. Holt, if elected, will also serve as a member of
both the nominating & governance and the personnel &
compensation committees. She currently serves on the board of Waste
Management, Inc., Piper Sandler Companies and Watlow Electric
Manufacturing Company.
Michael M. Larsen serves as
senior vice president and chief financial officer of Illinois Tool
Works, Inc., a publicly-traded, global, multi-industrial
manufacturing leader headquartered in Glenview, Ill. He previously served as
president and chief executive officer of Gardner Denver, Inc. Prior
to that, Mr. Larsen was chief financial officer at General Electric
("GE") Water and Process Technologies and held a number of global
finance leadership roles of increasing responsibility at GE
throughout his more than 15-year tenure with the organization. In
addition to his board member role, Mr. Larsen is qualified as an
audit committee financial expert under SEC regulations and, if
elected, will serve as a member of the audit committee.
"Both individuals bring a wealth of global expertise and will
provide valuable perspective to our board and management team,
particularly related to strategy and operations of a
growth-oriented global company like A. O. Smith," said Kevin J. Wheeler, chairman and chief executive
officer.
Paul W. Jones and William P. Greubel are retiring from the A. O.
Smith board and conclude their terms on April 13, 2021. Mr. Jones joined the board in
2004 and Mr. Greubel joined in 2006. Both men served on the
nominating & governance and personnel & compensation
committees.
Paul Jones was the former
executive chairman of the board from 2013 until his retirement
in 2014. He served as chairman of the board and chief
executive officer from 2011 to 2012; chairman of the board,
president and chief executive officer from 2006 to 2011; and
president and chief operating officer from 2004 to 2005.
William Greubel was the chief
executive officer of Wabash National from 2002 to 2007, and held
various director positions with Wabash National, including chairman
and executive director, until his retirement as a director in
2009.
"On behalf of the board of directors, I would like to thank Paul
and Bill for their guidance, long service and many contributions to
our company," said Wheeler. "I especially want to thank Paul for
his vision and leadership as our chairman and chief executive
officer during a transformative time for our company."
The nominated board members will stand for election at the
company's annual meeting to be held on April
13, 2021.
About A. O. Smith
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying
innovative technology and energy-efficient solutions to products
manufactured and marketed worldwide. Listed on the New York Stock
Exchange (NYSE: AOS), the Company is one of the world's leading
manufacturers of residential and commercial water heating equipment
and boilers, as well as a manufacturer of water treatment and air
purification products. For more information, visit
www.aosmith.com.
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SOURCE A. O. Smith Corporation