Summary
Emerson Electric Co. (EMR) announced a key addition to its Board of Directors on November 4, 2019, with the election of Mark A. Blinn. Mr. Blinn brings extensive experience as the former CEO and President of Flowserve Corp., a significant player in the fluid motion and control products and services sector. His background includes leadership roles in global infrastructure markets, which could provide valuable strategic insights for Emerson. In addition to his operational expertise, Mr. Blinn currently holds director positions at Texas Instruments, Leggett & Platt Incorporated, and Kraton Corporation. This diverse board experience suggests a broad understanding of various industrial and technology sectors, potentially enhancing Emerson's corporate governance and strategic direction. His compensation as a director will align with that of other non-management directors, including a pro rata award of restricted stock.
Key Highlights
- 1Emerson Electric Co. appointed Mark A. Blinn to its Board of Directors.
- 2Mr. Blinn previously served as CEO and President of Flowserve Corp.
- 3His expertise lies in fluid motion and control products and services for global infrastructure markets.
- 4Mr. Blinn currently serves as lead independent director at Texas Instruments.
- 5He also holds director positions at Leggett & Platt Incorporated and Kraton Corporation.
- 6Mr. Blinn will receive a pro rata award of restricted stock as part of his compensation.
- 7His compensation will be consistent with other non-management directors going forward.