Actuant Corporation (NYSE:ATU) today announced several corporate
executive appointments.
Karen Bauer has joined Actuant as Director, Investor Relations. In this
newly created position, Bauer is responsible for leading all investor
relations and communication activities for the company. ?Karen's
strong financial and business background including 14 years of
progressive finance, strategy and M&A experience at Johnson Controls,
Inc., will be a valuable asset to the investor community and executive
management of Actuant,? stated Andrew
Lampereur, Actuant's Executive Vice President
and Chief Financial Officer.
Actuant also announced the appointment of Chadwick (Chad) DeLuka as
Actuant's Corporate Controller and Principal
Accounting Officer. DeLuka replaces Timothy Teske who has been promoted
to a finance leadership role in the company's
Electrical segment. Chad joined Actuant in fiscal 2006 as Assistant
Corporate Controller following over a decade in public accounting.
Lampereur commented, ?Tim has made significant
contributions to the company by strengthening both our global financial
reporting and the quality of our finance organization since assuming the
Corporate Controller role in 2001. Both Tim and Chad's
promotions reflect Actuant's philosophy of
developing high potential employees through a variety of leadership
experiences.?
Both Bauer and DeLuka report to Lampereur and are located at Actuant's
corporate headquarters in Butler, Wisconsin.
About Actuant
Actuant, headquartered in Butler, Wisconsin, is a diversified industrial
company with operations in more than 30 countries. The Actuant
businesses are market leaders in highly engineered position and motion
control systems and branded hydraulic and electrical tools and supplies.
Since its creation through a spin-off in 2000, Actuant has grown its
sales from $482 million to over $1.3 billion and its market
capitalization from $113 million to over $1.3 billion. The Company
employs a workforce of more than 6,700 worldwide. Actuant Corporation
trades on the NYSE under the symbol ATU. For further information on
Actuant and its business units, visit the Company's website at www.actuant.com.
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