Actuant Announces Executive Appointments
MILWAUKEE--(BUSINESS WIRE)-- Actuant Corporation (NYSE:ATU) today announced the following executive appointments: Brian Kobylinski as Executive Vice President, Industrial Segment and China, and Sheri Roberts-Updike as Executive Vice President, Energy Segment.
Mr. Kobylinski’s new role was created to give enhanced focus to the expansion of the Industrial segment, as well as to develop and accelerate China growth strategies for all of Actuant. He is a 20 year veteran of the Company, and under his leadership the Energy and Industrial segments have grown from a collective $440 million in 2007 to over $750 million in fiscal 2012.
Ms. Roberts-Updike joins Actuant from Tyco International where she was President, Tyco Valves & Controls, LP and Vice President & General Manager, Global Oil & Gas since 2010, an $850 million business. Prior to Tyco, she spent over 20 years with Royal Dutch Shell in various roles of increasing responsibility the most recent of which was General Manager, Americas for Shell Chemical Company, a $1.5 billion ethylene oxide and ethylene glycol business. Ms. Roberts-Updike also served as CEO of Shell Mauritius, Ltd. She received her Bachelor of Science degree in Chemistry from Purdue University and an MBA from the University of Illinois.
Said Mark Goldstein, Actuant’s Chief Operating Officer, “I am pleased to welcome Sheri to Actuant and to have Brian take on this important new role. Separating the leadership of the Industrial and Energy segments is an essential next step to expanding our current businesses and developing new markets and competencies in these strategically important segments. I want to thank Brian for his leadership of the Energy segment over the past five years where he developed and executed on a clear vision for the business, delivered strong growth, and instilled a collaborative and results oriented culture. Sheri brings extensive industry and global experience to Actuant. Both executives have a demonstrated history of building strong customer relationships and motivated teams, driving sales growth, and improving profitability, and I am confident they will make instrumental contributions as we continue to build a premier global enterprise.”
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 and electrical tools and supplies; 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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Source: Actuant Corporation
Released January 2, 2013