Allegion Appoints Gregg Sengstack to Board of Directors
Allegion (NYSE: ALLE) has appointed Gregg Sengstack, executive chairperson of Franklin Electric Company, to its Board of Directors. Sengstack becomes the ninth member of the board, joining eight independent directors. He will serve on the Board's Audit and Finance Committee, Compensation and Human Capital Committee, and Corporate Governance and Nominating Committee.
Sengstack brings over 30 years of professional experience, having served as both CEO and CFO at Franklin Electric. His career at Franklin Electric began in 1988 as assistant treasurer, progressing through various leadership roles including CFO, senior vice president, president of Franklin Fueling Systems and International Water Group, and COO. He served as CEO from 2014 to July 2024 and was elected board chairperson in 2015. He also currently serves on the board of Woodward, Inc.
Allegion (NYSE: ALLE) ha nominato Gregg Sengstack, presidente esecutivo di Franklin Electric Company, nel suo Consiglio di Amministrazione. Sengstack diventa il nono membro del consiglio, unendosi a otto direttori indipendenti. Farà parte del Comitato di Audit e Finanza, del Comitato per la Remunerazione e il Capitale Umano, e del Comitato per la Governance Aziendale e le Nomine.
Sengstack porta con sé oltre 30 anni di esperienza professionale, avendo ricoperto sia il ruolo di CEO che di CFO presso Franklin Electric. La sua carriera in Franklin Electric è iniziata nel 1988 come tesoriere assistente, progredendo attraverso vari ruoli di leadership, tra cui CFO, vicepresidente senior, presidente di Franklin Fueling Systems e International Water Group, e COO. Ha ricoperto il ruolo di CEO dal 2014 a luglio 2024 ed è stato eletto presidente del consiglio nel 2015. Attualmente, serve anche nel consiglio di Woodward, Inc.
Allegion (NYSE: ALLE) ha nombrado a Gregg Sengstack, presidente ejecutivo de Franklin Electric Company, para su Junta Directiva. Sengstack se convierte en el noveno miembro de la junta, uniéndose a ocho directores independientes. Formará parte del Comité de Auditoría y Finanzas, del Comité de Compensación y Capital Humano, y del Comité de Gobernanza Corporativa y Nominaciones.
Sengstack aporta más de 30 años de experiencia profesional, habiendo servido como CEO y CFO en Franklin Electric. Su carrera en Franklin Electric comenzó en 1988 como tesorero asistente, avanzando a través de varios roles de liderazgo, incluidos CFO, vicepresidente senior, presidente de Franklin Fueling Systems y del International Water Group, y COO. Se desempeñó como CEO desde 2014 hasta julio de 2024 y fue elegido presidente de la junta en 2015. También es miembro de la junta de Woodward, Inc.
알레지온 (NYSE: ALLE)은 그레그 샌크스택을 프랭클린 일렉트릭 컴퍼니의 집행 회장으로 이사회의 새로운 이사로 임명했습니다. 샌크스택은 여덟 명의 독립 이사와 함께 이사회 아홉 번째 멤버가 됩니다. 그는 이사회의 감사 및 재무 위원회, 보상 및 인적 자본 위원회, 그리고 기업 거버넌스 및 추천 위원회에서 활동할 것입니다.
샌크스택은 프랭클린 일렉트릭에서 CEO 및 CFO로 재직한 30년 이상의 전문 경력을 가지고 있습니다. 그의 프랭클린 일렉트릭 경력은 1988년 보조 재무관으로 시작되어 CFO, 수석 부사장, 프랭클린 연료 시스템 및 국제 수자원 그룹의 사장, COO 등을 포함한 다양한 리더십 역할로 발전했습니다. 그는 2014년부터 2024년 7월까지 CEO로 재직하였고, 2015년에 이사회 의장으로 선출되었습니다. 현재 쿼드워드 주식회사의 이사회에도 참여하고 있습니다.
Allegion (NYSE: ALLE) a nommé Gregg Sengstack, président exécutif de Franklin Electric Company, au sein de son Conseil d'Administration. Sengstack devient le neuvième membre du conseil, rejoignant huit directeurs indépendants. Il siégera aux comités d'audit et de finances, de rémunération et de capital humain, ainsi qu'au comité de gouvernance d'entreprise et de nomination.
Sengstack apporte plus de 30 ans d'expérience professionnelle, ayant exercé les fonctions de PDG et de directeur financier chez Franklin Electric. Sa carrière chez Franklin Electric a commencé en 1988 en tant que trésorier adjoint, progresser à travers divers rôles de leadership, y compris celui de directeur financier, vice-président senior, président de Franklin Fueling Systems et du International Water Group, et directeur des opérations. Il a été PDG de 2014 à juillet 2024 et a été élu président du conseil d'administration en 2015. Il siège également actuellement au conseil d'administration de Woodward, Inc.
Allegion (NYSE: ALLE) hat Gregg Sengstack, den Vorstandsvorsitzenden der Franklin Electric Company, in seinen Vorstand berufen. Sengstack wird das neunte Mitglied des Vorstands und tritt damit den acht unabhängigen Direktoren bei. Er wird im Prüfungsausschuss, im Ausschuss für Vergütung und Human Capital sowie im Ausschuss für Unternehmensführung und Nominierung tätig sein.
Sengstack bringt über 30 Jahre Berufserfahrung mit, da er sowohl CEO als auch CFO von Franklin Electric war. Seine Karriere bei Franklin Electric begann 1988 als stellvertretender Schatzmeister und entwickelte sich durch verschiedene Führungsrollen, darunter CFO, Senior Vice President, Präsident von Franklin Fueling Systems und International Water Group sowie COO. Er war von 2014 bis Juli 2024 CEO und wurde 2015 zum Vorstandsvorsitzenden gewählt. Zudem ist er derzeit auch im Vorstand von Woodward, Inc. tätig.
- Addition of experienced board member with over 30 years of executive leadership
- Strengthening of board oversight with expertise in international markets, general management, and finance
- Maintains strong board independence with 8 out of 9 directors being independent
- None.
Gregg C. Sengstack (Photo: Business Wire)
With Sengstack’s appointment, Allegion has a nine-member board, including eight independent directors. Sengstack will sit on the Board’s Audit and Finance Committee, Compensation and Human Capital Committee as well as its Corporate Governance and Nominating Committee.
“Gregg brings a wealth of knowledge and skills from a professional career that spans more than 30 years,” Lauren B. Peters, chair of the Board, said. “He has served as a public company CEO and CFO, and has extensive experience in international markets, general management and finance. We’re excited to welcome him to the Allegion Board.”
Sengstack joined Franklin Electric in 1988 as assistant treasurer, later becoming chief financial officer (CFO) in 1999. Following a successful tenure as CFO, he held the roles of senior vice president and president of Franklin Fueling Systems and International Water Group, and then president and chief operating officer (COO) of Franklin Electric. Sengstack served as CEO for 10 years, from 2014 to July 2024, and he was elected as chairperson of the company’s board in 2015.
Today, Sengstack additionally serves on the board of Woodward, Inc. He is a graduate of Bucknell University and the University of
For more on Allegion’s corporate governance, refer to www.allegion.com/ESG. You can also see the company’s full board of directors by clicking here.
About Allegion
Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had
For more, visit www.allegion.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241204231219/en/
Media Contact:
Whitney Moorman – Director, Global Communications
317-810-3241
Whitney.Moorman@allegion.com
Analyst Contacts:
Jobi Coyle – Director, Investor Relations
317-810-3107
Jobi.Coyle@allegion.com
Josh Pokrzywinski – Vice President, Investor Relations
463-210-8595
Joshua.Pokrzywinski@allegion.com
Source: Allegion plc
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