Summary
Emerson Electric Co. (EMR) announced a significant leadership transition via an 8-K filing on August 14, 2018. Edward L. Monser will retire as President of the company, effective October 1, 2018, after a dedicated tenure. This retirement marks the end of an era for a key executive at Emerson. Taking over the President role from Mr. Monser will be Michael H. Train, who currently serves as Executive President of Automation Solutions. Mr. Train brings extensive experience to the position, having been with Emerson for 27 years, including his recent leadership role in the critical Automation Solutions segment. This appointment signifies continuity and confidence in internal talent to drive future growth.
Key Highlights
- 1Edward L. Monser, President of Emerson Electric Co., announced his retirement effective October 1, 2018.
- 2Michael H. Train, current Executive President of Automation Solutions, will succeed Mr. Monser as President.
- 3Mr. Train has a long tenure with Emerson, spanning 27 years, and significant leadership experience.
- 4Mr. Train previously held positions such as Executive Vice President of Automation Solutions and President of Global Sales for Emerson Process Management.
- 5The company plans to name a successor for Mr. Train's role at Automation Solutions at a later date.
- 6A press release dated August 14, 2018, detailing these changes is attached as an exhibit.