07.11.2007 22:00:00
|
Actuant Appoints Alan Hunter as New Director
Actuant Corporation (NYSE: ATU) today announced that R. Alan Hunter has
been appointed to the Actuant Board of Directors, effective immediately.
Mr. Hunter is a retired executive from The Stanley Works ("Stanley”)
where he had served as President and Chief Operating Officer from
1993-1997 as well as Vice President Finance and Chief Financial Officer
from 1986-1993. He joined Stanley in 1974 and prior to that time was an
Officer in the United States Navy. Mr. Hunter has been involved in
several business and community organizations since retiring from Stanley
in 1997.
Commenting on the announcement, Bob Arzbaecher, Actuant’s
Chairman and CEO, said, "We are pleased to
announce the addition of Alan to Actuant’s
Board of Directors. His broad experience in operations and finance, as
well as his industrial tool and home center market background, nicely
complements the Actuant portfolio of businesses. The rest of the Board
and I look forward to his contributions and counsel on the various
opportunities awaiting Actuant.”
Actuant also announced that Kathleen Hempel will be retiring from the
Board at the Company’s Annual Meeting of
Shareholders in January 2008. Arzbaecher commented, "Kathy
has been a member of our Board since 2001. Since that time, Actuant has
grown significantly, both in terms of internal growth and acquisitions.
I am grateful for her dedication, integrity and leadership during this
period of growth for Actuant and, speaking on behalf of the entire
Board, we will miss her insight and passion for the business.” About Actuant
Actuant, headquartered in Butler, Wisconsin, is a diversified industrial
company with operations in more than 30 countries. The Actuant
businesses are market leaders in highly engineered position and motion
control systems and branded hydraulic and electrical tools and supplies.
Since its creation through a spin-off in 2000, Actuant has grown its
sales from $482 million to $1.5 billion and its market capitalization
from $113 million to over $1.9 billion. The Company employs a workforce
of more than 7,400 worldwide. Actuant Corporation trades on the NYSE
under the symbol ATU. For further information on Actuant and its
business units, visit the Company's website at www.actuant.com.
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Actuant Corp.mehr Nachrichten
Keine Nachrichten verfügbar. |