Actuant Elects Richard Holder as New Director
February 28 2017 - 7:30AM
Business Wire
Actuant Corporation (NYSE:ATU) announced today that the Board of
Directors has elected Richard Holder to its Board, effective
immediately. Mr. Holder is President and Chief Executive Officer of
NN, Inc. (NASDAQ:NNBR) a position he has held since joining NN in
June 2013. Mr. Holder is a seasoned executive with more than 25
years of international experience across a diverse set of
industries and disciplines. Prior to NN, Inc., Mr. Holder held a
variety of leadership positions during his twelve year tenure at
Eaton Corporation, where he last served as President of Eaton
Electrical Components Group, a unit of Eaton’s Electrical Sector.
Prior to joining Eaton, he held a variety of leadership roles at US
Airways, AlliedSignal and Parker Hannifin. He holds a bachelor's
degree from Southern Illinois University and an MBA from Webster
University.
Commenting on the announcement, Robert Peterson, Actuant’s
Chairman, said, “Richard’s broad global exposure across a diverse
array of industries, as well as his strong senior leadership,
operations and acquisition experience as a current CEO, will be an
asset to Actuant. The rest of the Board and I look forward to his
contributions and are excited he has agreed to join Actuant as a
member of the Board.”
About Actuant
Actuant Corporation is a diversified industrial company serving
customers from operations in more than 30 countries. The Actuant
businesses are leaders in a broad array of niche markets including
branded hydraulic tools and solutions, specialized products and
services for energy markets and highly engineered position and
motion control systems. The Company was founded in 1910 and is
headquartered in Menomonee Falls, Wisconsin. Actuant trades on the
NYSE under the symbol ATU. For further information on Actuant and
its businesses, visit the Company's website at www.actuant.com.
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Actuant CorporationKaren BauerCommunications & Investor
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