MILWAUKEE--(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 Corporation
Karen Bauer
Communications & Investor
Relations Leader
262-293-1562
Source: Actuant Corporation
Released February 28, 2017