Gardner Denver Expands Talent on Board of Directors
John Humphrey, retired CFO of Roper Technologies, joins Gardner
Denver Board
MILWAUKEE–(BUSINESS WIRE)–Gardner Denver Holdings, Inc. (NYSE: GDI) today announced that John
Humphrey joined its Board of Directors on February 7, 2018. Mr. Humphrey
was also appointed to the Audit Committee of the Board.
Mr. Humphrey recently retired from Roper Technologies, a company that
designs and develops software and engineered products and solutions for
healthcare, transportation, food, energy, water, education and other
niche markets worldwide. At Roper, he served from 2011 to 2017 as
Executive Vice President and Chief Financial Officer, and from 2006 to
2011 as Vice President and Chief Financial Officer. Prior to joining
Roper, Mr. Humphrey spent 12 years with Honeywell International, Inc.
and its predecessor company, AlliedSignal, in a variety of financial
leadership positions.
“We are very excited to have John join our Board,” said Vicente Reynal,
CEO of Gardner Denver. “We are extremely focused on effective capital
allocation. John’s merger and acquisition experience at Roper,
especially with respect to purchasing and growing asset light, low
working capital businesses, will provide us with insightful guidance as
we execute on our capital deployment strategies.” Reynal added, “When we
talk about talent deployment as one of our key strategies, we mean it at
every level, including our Board. John brings to us decades of
experience from serving in senior positions at world class industrial
companies, and his background uniquely positions him to support our key
strategies.”
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended (the
"Securities Act") and Section 21E of the Securities Exchange Act of
1934. These statements include, but are not limited to, statements
related to our expectations regarding the leadership appointments
discussed herein, the performance of our business, our financial
results, our liquidity and capital resources and other non-historical
statements. You can identify these forward-looking statements by the use
of words such as "outlook," "believes," "expects," "potential,"
"continues," "may," "will," "should," "could," "seeks," "projects,"
"predicts," "intends," "plans," "estimates," "anticipates" or the
negative version of these words or other comparable words. Such
forward-looking statements are subject to various risks and
uncertainties, including macroeconomic factors beyond the Company’s
control, risks of doing business outside the United States, the
Company’s dependence on the level of activity in the energy industry,
potential governmental regulations restricting the use of hydraulic
fracturing, raw material costs and availability, the risk of a loss or
reduction of business with key customers or consolidation or the
vertical integration of the Company’s customer base, loss of or
disruption in the Company’s distribution network, the risk that ongoing
and expected restructuring plans may not be as effective as the Company
anticipates, and the Company’s substantial indebtedness. Additional
factors that could cause Gardner Denver’s results to differ materially
from those described in the forward-looking statements can be found
under the section entitled "Risk Factors" in our prospectus dated
November 15, 2017, filed with the Securities and Exchange Commission
("SEC") pursuant to Rule 424(b) of the Securities Act on November 17,
2017, as such factors may be updated from time to time in our periodic
filings with the SEC, which are accessible on the SEC's website at www.sec.gov.
Accordingly, there are or will be important factors that could cause
actual outcomes or results to differ materially from those indicated in
these statements. These factors should not be construed as exhaustive
and should be read in conjunction with the other cautionary statements
that are included in this release and in our filings with the SEC. We
undertake no obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future developments
or otherwise, except as required by law.
About Gardner Denver
Gardner Denver (NYSE: GDI) is a leading global provider of
mission-critical flow control and compression equipment and associated
aftermarket parts, consumables and services, which it sells across
multiple attractive end-markets within the industrial, energy and
medical industries. Its broad and complete range of compressor, pump,
vacuum and blower products and services, along with its application
expertise and over 155 years of engineering heritage, allows Gardner
Denver to provide differentiated product and service offerings for its
customers' specific uses. Gardner Denver supports its customers through
its global geographic footprint of 38 key manufacturing facilities, more
than 30 complementary service and repair centers across six continents,
and approximately 6,400 employees world-wide.
Contacts
Gardner Denver Holdings, Inc.
Investor Relations Contact
Vikram
Kini
(414) 212-4753
[email protected]