Gardner Denver Announces European Restructuring Initiative
Gardner Denver announced a restructuring initiative to optimize its global manufacturing footprint, reduce costs and expand margins.
Gardner Denver announced a restructuring initiative to optimize its global manufacturing footprint, reduce costs and expand margins.
Gardner Denver, Inc. (NYSE: GDI) reported second quarter 2012 net income of $75.3 million, or $1.51 per diluted share, compared to $67.1 million, or $1.27 per diluted share in the second quarter of 2011.
Gardner Denver, Inc. (NYSE: GDI) announced the appointment of Brian L. Cunkelman, age 43, as Vice President, Gardner Denver, Inc. and President, Industrial Products Group (IPG), effective immediately.
Gardner Denver, Inc. reported that on December 15, 2011 it completed the previously announced acquisition of Robuschi S.p.A. (“Robuschi”) for approximately €152 million ($200 million).
Gardner Denver, Inc. (NYSE: GDI) announced today that its Board of Directors appointed Mr. John D. Craig to serve as an independent director of the company, effective November 2011 concurrent with the retirement of Mr. Frank J. Hansen.
Gardner Denver announced the appointment of Christopher R. Celtruda as Vice President, Gardner Denver, Inc. and President, Industrial Products Group effective April 26, 2011. Mr. Celtruda will be based in Gardner Denver’s global headquarters in Wayne, PA.
Gardner Denver, Inc. announced today that Frank J. Hansen, Chairman of the Board of Directors, has decided to retire following the November 2011 Board Meeting after having reached the customary Board retirement age. The Board has unanimously appointed Diane K. Schumacher, member of the Gardner Denver, Inc. Board of Directors since 2000, to succeed Mr. Hansen as Chairperson upon his retirement.
Gardner Denver, Inc. announced the appointment of Michael M. Larsen as Vice President and Chief Financial Officer, effective October 11, 2010.
Gardner Denver, Inc. announced that it intends to relocate its global corporate headquarters to the greater Philadelphia, Pennsylvania area. The Company’s corporate support services, including compliance, human resources, information technologies, accounting, treasury and transaction processing, will remain at its Quincy, Illinois facility.
Gardner Denver, Inc. (NYSE: GDI) announced today that Helen W. Cornell has informed the Company of her intention to retire as Executive Vice President, Finance and Chief Financial Officer to enable her to increase her involvement in family business matters.