CIRCOR Announces Changes in Board of Directors
November 09 2015 - 8:14AM
Business Wire
Appointment of Helmuth Ludwig, Ph.D., Brings
Wealth of Acquisition Integration and Manufacturing IT Experience
to Company’s Board
CIRCOR International, Inc. (NYSE: CIR), a leading provider of
valves and other highly engineered products for markets including
oil & gas, power generation and aerospace & defense, today
announced the appointment of Helmuth Ludwig, Ph.D., to its Board of
Directors effective January 1, 2016. He replaces Jerome D. Brady
who will be retiring from the Board on December 31, 2015.
Dr. Ludwig is currently Executive Vice President and Chief
Manufacturing Officer at Siemens PLM Software.
Commented David Dietz, CIRCOR’s Board chair: “Helmuth brings an
excellent reputation and strong global business experience to the
Company. His keen understanding of IT in manufacturing environments
will be invaluable as CIRCOR pursues its strategic plans to drive
global growth organically and through acquisition. We are pleased
to welcome Helmuth to the Board and look forward to his
contributions.”
Dr. Ludwig brings a wealth of experience developing and leading
highly successful organizations. Prior to assuming his current
role, he was CEO of Siemens’ Industry sector for North America,
overseeing sales of more than $5 billion and 15,000 employees. When
Siemens acquired PLM Software in 2007, Ludwig was
appointed President and is credited for having successfully led the
integration of the organization’s 50 legal entities and multiple
facilities across 26 countries. Earlier in his career, he held a
number of international assignments at Siemens in Europe, Latin
America and Asia.
Dr. Ludwig holds a Master of Science degree in Industrial
Engineering from the University of Karlsruhe, a Master of Business
Administration degree from the University of Chicago, and a Ph.D.
in Political Science from Christian-Albrechts University in Kiel.
He teaches as adjunct professor of International Corporate Strategy
at SMU’s Cox School of Business in Dallas.
David Dietz continued, “I would like to take this opportunity to
thank Jerry Brady for his more than 12 years of outstanding and
consistent contributions to CIRCOR through his expertise in
corporate strategy and manufacturing management.”
Jerry Brady joined CIRCOR’s Board of Directors in April 2003.
Prior to retiring in 2000, he served as the President and Chief
Executive Officer of C&K Components, Inc., a manufacturer of
electronic components in Watertown, Massachusetts.
About CIRCOR International, Inc.
CIRCOR International, Inc. designs, manufactures and markets
highly engineered products and sub-systems for markets including
oil & gas, power generation and aerospace & defense. CIRCOR
has a diversified product portfolio with recognized, market-leading
brands that fulfill its customers’ unique application needs. The
Company’s strategy is to grow organically and through complementary
acquisitions; simplify CIRCOR’s operations; achieve world class
operational excellence; and attract and retain top industry talent.
For more information, visit the Company’s investor relations
website at http://investors.circor.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151109005902/en/
CIRCOR International, Inc.Rajeev Bhalla, 781-270-1210Executive
Vice President and Chief Financial Officer
CIRCOR (NYSE:CIR)
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