SHELTON, Conn.--(BUSINESS WIRE)--Jun. 6, 2012--
Hubbell Incorporated (NYSE: HUBA, HUBB) has named David G. Nord
President and Chief Operating Officer, effective June 6, 2012. Timothy
Powers will remain as Chairman and CEO of the Company.
“Dave is an experienced financial leader with a strong operational
grounding,” said Tim Powers. “He has a demonstrated ability to establish
a clear direction and will help to drive performance across the
enterprise; a great example is our margin expansion over the last five
years. Both the Board and I look forward to working with Dave in this
expanded role."
Dave has served as Senior Vice President & Chief Financial Officer of
Hubbell Incorporated since 2005. Prior to this he spent nearly 10 years
at United Technologies in a number of senior leadership positions,
including Vice President – Finance and Chief Financial Officer at
Hamilton Sundstrand. Before his role at United Technologies, he held
roles of increasing responsibility at Deloitte & Touche and The Pittston
Company. He earned his degree from the University of Hartford.
“I am looking forward to the opportunities and challenges that this new
role presents,” said Mr. Nord. “I am confident that we are well
positioned for continued growth and to deliver increased value for our
shareholders.”
With the appointment of Mr. Nord to the position of COO, William R.
Sperry has been named Senior Vice President & Chief Financial Officer
for the Company.
Bill served as Vice President, Corporate Strategy & Development for
Hubbell Incorporated before this appointment. Prior to joining Hubbell
in 2008, Bill worked in the investment banking industry, most
significantly for J.P. Morgan. Prior to that, Bill worked as a
consultant for McKinsey & Company, providing strategic advice to
financial institutions.
Bill earned his bachelor’s degree in economics from Williams College and
his MBA from Harvard Business School.
Hubbell Incorporated is an international manufacturer of quality
electrical and electronic products for a broad range of non-residential
and residential construction, industrial and utility applications. With
2011 revenues of $2.9 billion, Hubbell Incorporated operates
manufacturing facilities in the United States, Canada, Switzerland,
Puerto Rico, Mexico, the People’s Republic of China, Italy, the United
Kingdom, Brazil and Australia. Hubbell also participates in joint
ventures in Taiwan and Hong Kong, and maintains sales offices in
Singapore, the People’s Republic of China, Mexico, South Korea, and the
Middle East. The corporate headquarters is located in Shelton, CT.
Source: Hubbell Incorporated
Hubbell Incorporated
James M. Farrell
475-882-4000