Watts Water Technologies Elects Two New Directors
February 08 2017 - 4:30PM
Business Wire
Watts Water Technologies, Inc. (NYSE: WTS) today announced the
election of David A. Dunbar and Jes Munk Hansen as members of the
Board of Directors. Mr. Dunbar was appointed as a member of each of
the Audit Committee and the Nominating and Corporate Governance
Committee and Mr. Hansen were appointed as a member of each of the
Compensation Committee and the Nominating and Corporate Governance
Committee.
Mr. Dunbar has served as President and Chief Executive Officer
and a member of the Board of Directors of Standex International
Corporation since January 2014. Standex is a global, multi-industry
manufacturer in five broad business segments: Food Service
Equipment Group, Engineering Technologies Group, Engraving Group,
Electronics Group, and Hydraulics Group. Mr. Dunbar previously
served as President of the valves and controls global business unit
of Pentair Ltd. from October 2009 to December 2013. The unit was
initially owned by Tyco Flow Control and Tyco Flow Control and
Pentair merged in 2012. Pentair is a global provider of products
and services relating to energy, water, thermal management and
equipment protection. Prior to his tenure at Pentair, Mr. Dunbar
held a number of senior positions at Emerson Electric Co.,
including President of each of the following: Emerson Process
Management Europe; Machinery Health Management; and Emerson Climate
Technologies Refrigeration.
Mr. Hansen has served as Chief Executive Officer of LEDVANCE
GmbH since July 2015. LEDVANCE is the general lighting lamps
business unit of OSRAM GmbH. Mr. Hansen previously served as Chief
Executive Officer of the classical lamps and ballast business unit
of OSRAM from January 2015 to July 2015 and as Chief Executive
Officer of OSRAM Americas and President of OSRAM Sylvania from
October 2013 to January 2015. OSRAM is a leading global lighting
manufacturer. Prior to his tenure at OSRAM, Mr. Hansen served in
several senior management roles with Grundfos from 2000 to October
2013, including as Chief Executive Officer and President of
Grundfos North America from 2007 to October 2013. Grundfos is a
leading global manufacturer of pumps as well as motors and
electronics for monitoring and controlling pumps.
“Both David and Jes bring to Watts a wealth of executive
management experience as sitting Chief Executive Officers of global
manufacturing businesses,” said W. Craig Kissel, Chairman of the
Watts Board. “We believe their collective experience in innovation;
strategic planning and leadership in complex global organizations
will be a great asset to the Company and its stockholders.”
Watts Water Technologies, Inc., through its family of companies,
is a global manufacturer headquartered in the USA that provides one
of the broadest plumbing, heating, and water quality product lines
in the world. Watts Water companies and brands offer innovative
plumbing, heating, and water quality solutions for residential,
commercial, and industrial applications. For more information,
visit www.wattswater.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170208006040/en/
Watts Water Technologies, Inc.Timothy M. MacPhee,
978-688-1811Vice President, Investor RelationsFax: 978-688-2976
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