EnPro Industries, Inc. a leading industrial technology company leveraging materials science across its portfolio of businesses, announced that Eric Vaillancourt, President of Sealing Technologies, has been appointed Interim President and Chief Executive Officer, effective immediately. The Company’s Board of Directors (the “Board”) and Marvin Riley have mutually agreed that Mr. Riley will step down as President and Chief Executive Officer and as a member of the Board, effective immediately.
SysAdmin Appreciation Day: Top Industry Leaders Share their Insights on IT and Data Ops
The Board has engaged a nationally recognized search firm to commence a search process to identify a permanent President and Chief Executive Officer and will consider both internal and external candidates.
“Enpro is in a strong position today, having successfully shifted its focus to high-margin businesses and expanding capabilities in faster growing technology end-markets,” said David L. Hauser, Chairman of the Board. “With a clear strategic path ahead and a deep bench of talent, I am confident that we will build on our momentum as we continue to transform into a leading industrial technology company. We appreciate Marvin’s contributions to the Company and wish him the best in his future endeavors.”
Recommended AI News: BSV Blockchain Sets New World Record for Daily Average Block Size
Mr. Hauser continued, “Eric is a proven leader with a strong track record of driving growth at several of our divisions. We are confident that he will advance our strategic objectives as we continue to deliver an unmatched level of engagement, focus, and execution while the Board conducts its search.”
Mr. Vaillancourt said, “I look forward to working with the talented Enpro team to continue to drive operational excellence and growth across the business.”
Mr. Riley said, “I am grateful for my 14 years of service alongside the talented team at Enpro and applaud their accomplishments. I am confident Enpro has a bright future ahead.”
Mr. Riley’s departure is not related to any disagreement with the Board or members of management concerning corporate strategy or financials.
Recommended AI News: Siemens Drives Digital Transformation at Its Virtual Smart Mining Forum
Comments are closed.