CIRCOR International Promotes Michael Dill to Group Vice President - CIRCOR Aerospace
April 13 2011 - 5:32PM
Business Wire
CIRCOR International, Inc. (NYSE:
CIR), a leading provider of valves and other highly engineered
products for the industrial, aerospace and energy markets, today
announced that Michael Dill has been promoted to Group Vice
President for CIRCOR Aerospace. Effective April 25, Dill will be
responsible for CIRCOR’s world-wide aerospace business and will
report directly to Bill Higgins, CIRCOR Chairman and Chief
Executive Officer. Dill, who currently serves as CIRCOR Aerospace
VP of Business Development & Strategy, replaces Christopher R.
Celtruda, who has accepted a new role as President of Gardner
Denver, Inc.’s $1.1 billion Industrial Products Group.
“We have worked hard to develop strong and deep leadership
talent at each of our business segments,” said Higgins. “As a
result of our commitment to succession planning, we have an
experienced executive, Michael Dill, ready to step in and
seamlessly lead CIRCOR Aerospace. Michael’s extensive industry and
CIRCOR experience will enable him to maintain CIRCOR Aerospace’s
high level of customer service and operational excellence. We wish
Chris continued success and thank him for his contributions to
CIRCOR.”
Dill joined CIRCOR Aerospace in 2009 from Parker Hannifin where
he served as Business Unit Director, Fuel and Oil System Aerospace
Products. Prior to that, he was the Vice President and General
Manager of Shaw Aero Devices, a manufacturer of fuel system
components. Mr. Dill, who earned a Bachelor of Industrial and
Systems Management degree from the Georgia Institute of Technology,
is an expert in lean manufacturing systems and operational
excellence.
About CIRCOR International, Inc.
CIRCOR International, Inc. designs,
manufactures and markets valves and other highly engineered
products for the industrial, aerospace and energy markets. With
more than 7,000 customers in over 100 countries, CIRCOR has a
diversified product portfolio with recognized, market-leading
brands. CIRCOR’s culture, built on the CIRCOR Business System, is
defined by the Company’s commitment to attracting, developing and
retaining the best talent and pursuing continuous improvement in
all aspects of its business and operations. The Company’s strategy
includes growing organically by investing in new, differentiated
products; adding value to component products; and increasing the
development of mission-critical subsystems and solutions. CIRCOR
also plans to leverage its strong balance sheet to acquire
strategically complementary businesses. For more information, visit
the Company’s investor relations web site at http://investors.circor.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Reliance should not be placed on forward-looking
statements because they involve unknown risks, uncertainties and
other factors, which are, in some cases, beyond the control of
CIRCOR. Any statements in this press release that are not
statements of historical fact are forward-looking statements.
Actual events, performance or results could differ materially from
the anticipated events, performance or results expressed or implied
by such forward-looking statements. BEFORE MAKING ANY INVESTMENT
DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO READ THE
SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL REPORT ON
FORM 10-K AND SUBSEQUENT REPORTS ON FORMS 10-Q, WHICH CAN BE
ACCESSED UNDER THE "INVESTORS" LINK OF OUR WEBSITE AT
WWW.CIRCOR.COM. We undertake no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
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