BOSTON – GE announced the appointment of Scott Reese as chief executive officer (CEO) of GE Digital effective February 22, 2022. Reese succeeds Patrick Byrne who will continue at GE as CEO for the onshore wind business at GE Renewable Energy.
PORT ORANGE, Fla. – Thompson Pump and Manufacturing announced the retirement of John Farrell, the company’s vice president of sales and marketing. With Farrell’s retirement comes the promotions of Bobby Zitzka to vice president (VP) of sales and marketing and of Pat Broderick to national sales manager.
DUBLIN, Ireland -- Power management company Eaton announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. Under the terms of the agreement, Eaton paid $600 million for Royal Power Solutions, which represents approximately 13.6 times the company’s estimated 2022 EBITDA.
BATH, U.K. - Rotork announced that Kiet Huynh, previously managing director of its water, power and chemical, process and industrial divisions, has agreed to be the new Chief Executive Officer (CEO).