Lydall Announces Leadership Transition in its Thermal Acoustical Solutions Business
July 09 2019 - 4:30PM
Lydall, Inc. (NYSE: LDL) today announced that Joseph A. Abbruzzi
has been named President, Lydall Thermal Acoustical Solutions,
effective immediately. Mr. Abbruzzi replaces Scott M.
Deakin, who is departing Lydall to pursue alternative
opportunities. The Company has initiated an external search
to identify a new President for the Lydall Technical Nonwovens
business segment.
Mr. Abbruzzi, who most recently served as
President of Lydall’s Technical Nonwovens business, has a long
history with both Thermal Acoustical Solutions and the automotive
industry. From 2011 to 2014, Mr. Abbruzzi led the turnaround
of the Thermal / Acoustical Fibers business segment, a segment that
was combined with Thermal / Acoustical Metals in 2017 to create
Lydall’s Thermal Acoustical Solutions business segment.
Through his broad automotive and executive expertise, strong
leadership style and focused application of Lean Six Sigma tools,
the Thermal / Acoustical Fibers business was able to increase
throughput, commercialize new products, and improve customer
relationships. In 2014, Mr. Abbruzzi assumed the role of
President, Technical Nonwovens, which was created through the
acquisition of three major businesses. While overseeing
Technical Nonwovens, Mr. Abbruzzi has been focusing on
integrating these distinct businesses to one global team, with
significant commercial and operational activities in North America,
Europe, and Asia.
Dale G. Barnhart, President and CEO, said,
“Joe’s demonstrated leadership in the automotive industry within
Lydall and for decades before, combined with his global experiences
while running the Technical Nonwovens business segment, make him
the ideal person to lead the Thermal Acoustical Solutions business
segment. These competencies will enable Joe to address the
most critical opportunities the business is addressing.”
“I am very excited to be coming back to lead the
Thermal Acoustical Solutions organization,” said Abbruzzi, “but
will miss all the great people at Technical Nonwovens with whom I
have had the pleasure of working over the years.” Abbruzzi
continued, “Day one, my focus will be to continue the team’s
efforts in improving our operational efficiencies and positioning
us as a leader of highly engineered thermal and acoustical products
to our global customers. By leveraging our deep materials and
application expertise, global manufacturing capabilities, and
exceptional employee base, together we will create value for
customers and shareholders.”
“I want to recognize Scott for leading the
combination of the Thermal / Acoustical Metals and Thermal /
Acoustical Fibers segments into one cohesive organization, as well
as his time as Chief Financial Officer of Lydall,” noted Mr.
Barnhart. “Scott’s financial acumen is beyond reproach.”
Lydall, Inc. is a New York Stock Exchange listed
company, headquartered in Manchester, Connecticut with global
manufacturing operations producing specialty engineered products
for the thermal/acoustical and filtration/separation markets. For
more information, visit http://www.lydall.com. Lydall is a
registered trademark of Lydall, Inc. in the U.S. and other
countries.
For further information:
Brendan Moynihan
Vice President, Financial Planning & Investor Relations
Telephone 860-646-1233
Facsimile 860-646-4917
info@lydall.com
www.lydall.com
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