MILWAUKEE--(BUSINESS WIRE)--Dec. 10, 2014--
Rexnord Corporation (NYSE: RXN) today announced that Paul W. Jones will
join the Company’s Board of Directors effective December 10, 2014. Mr.
Jones will also serve on the Compensation Committee and the Nominating
and Corporate Governance Committee of the Board.
Mr. Jones is the retired chairman, chief executive officer and president
of A.O. Smith Corporation, a manufacturer of water heating and water
treatment systems. Prior to joining A.O. Smith in 2004, Mr. Jones was
chairman and chief executive officer of U.S. Can Company, Inc., a
leading provider of containers for personal care, household, paint and
industrial products, from 1998 to 2002. Prior to that, Mr. Jones held
various roles, including as president and chief executive officer, at
Greenfield Industries, Inc., a manufacturer of cutting tools and other
material removal products, from 1989 to 1998. Mr. Jones currently serves
as a director of A.O. Smith, Federal Signal Corporation and Integrys
Energy Group, Inc. Mr. Jones also previously served as a director of
Bucyrus International, Inc.
George M. Sherman, Rexnord’s Non-Executive Chairman, stated: “We are
very pleased to have Paul join our Board. He is an exceptional leader
who brings broad global experience and strategic insight, as well as an
outstanding track record of performance. I am confident that Paul’s
knowledge and experience will assist the Board and the Rexnord
management team in executing Rexnord’s long-term growth plans and
driving shareholder value.”
About Rexnord
Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two
strategic platforms, Process & Motion Control and Water Management, with
approximately 7,400 employees worldwide. The Process & Motion Control
platform designs, manufactures, markets and services specified,
highly-engineered mechanical components used within complex systems. The
Water Management platform designs, procures, manufactures and markets
products that provide and enhance water quality, safety, flow control
and conservation. Additional information about the Company can be found
at www.rexnord.com.
Cautionary Statement on Forward-Looking Statements
Information in this release may involve outlook, expectations, beliefs,
plans, intentions, strategies or other statements regarding the future,
which are forward-looking statements. These forward-looking statements
involve risks and uncertainties. All forward-looking statements included
in this release are based upon information available to Rexnord
Corporation as of the date of the release, and Rexnord Corporation
assumes no obligation to update any such forward-looking statements. The
statements in this release are not guarantees of future performance, and
actual results could differ materially from current expectations.
Numerous factors could cause or contribute to such differences. Please
refer to “Risk Factors” and “Cautionary Notice Regarding Forward-Looking
Statements” in the Company’s Form 10-K for the fiscal year ended March
31, 2014 as well as the Company’s annual, quarterly and current reports
filed on Forms 10-K, 10-Q and 8-K from time to time with the Securities
and Exchange Commission for a further discussion of the factors and
risks associated with the business.
Source: Rexnord Corporation
Rexnord Corporation
Rob McCarthy, 414-643-3739
Vice President
– Investor Relations