Donaldson Announces Scott Robinson to Retire and Brad Pogalz to Become Chief Financial Officer
Donaldson Company (NYSE: DCI) announced that Chief Financial Officer Scott Robinson will retire effective October 31st, 2024. Brad Pogalz, currently vice president of global financial planning and analysis, will succeed him as CFO. Robinson will remain in an advisory role through December 6, 2024, to ensure a smooth transition. Pogalz, who has been with Donaldson for nine years, previously served as head of finance for EMEA and led investor relations, corporate communications, sustainability, and enterprise risk management.
Donaldson Company (NYSE: DCI) ha annunciato che il Direttore Finanziario Scott Robinson andrà in pensione a partire dal 31 ottobre 2024. Brad Pogalz, attualmente vicepresidente della pianificazione e analisi finanziaria globale, lo succederà come CFO. Robinson rimarrà in un ruolo di consulenza fino al 6 dicembre 2024, per garantire una transizione senza intoppi. Pogalz, che è in Donaldson da nove anni, ha precedentemente ricoperto il ruolo di responsabile della finanza per l'EMEA e ha guidato le relazioni con gli investitori, le comunicazioni aziendali, la sostenibilità e la gestione del rischio d'impresa.
Donaldson Company (NYSE: DCI) anunció que el Director Financiero Scott Robinson se retirará el 31 de octubre de 2024. Brad Pogalz, actualmente vicepresidente de planificación y análisis financiero global, lo sucederá como CFO. Robinson permanecerá en un rol de asesoría hasta el 6 de diciembre de 2024, para asegurar una transición sin problemas. Pogalz, quien ha estado en Donaldson durante nueve años, anteriormente fue el jefe de finanzas para la EMEA y lideró las relaciones con inversores, comunicaciones corporativas, sostenibilidad y gestión de riesgos empresariales.
도날드슨 회사 (NYSE: DCI)는 최고재무책임자(CFO) 스콧 로빈슨이 2024년 10월 31일부로 은퇴할 것이라고 발표했습니다. 현재 글로벌 재무 계획 및 분석 부사장인 브래드 포갈즈가 CFO로 그의 후계자가 됩니다. 로빈슨은 원활한 전환을 보장하기 위해 2024년 12월 6일까지 자문 역할을 유지할 것입니다. 포갈즈는 도날드슨에서 9년 동안 근무했으며, 이전에는 EMEA 금융 책임자로 재직했으며 투자자 관계, 기업 커뮤니케이션, 지속 가능성 및 기업 위험 관리 등을 담당했습니다.
Donaldson Company (NYSE: DCI) a annoncé que le directeur financier Scott Robinson prendra sa retraite à partir du 31 octobre 2024. Brad Pogalz, actuellement vice-président de la planification et de l'analyse financières mondiales, lui succédera en tant que CFO. Robinson restera dans un rôle consultatif jusqu'au 6 décembre 2024, pour assurer une transition en douceur. Pogalz, qui travaille chez Donaldson depuis neuf ans, a précédemment été responsable des finances pour l'EMEA et a dirigé les relations avec les investisseurs, les communications d'entreprise, la durabilité et la gestion des risques d'entreprise.
Donaldson Company (NYSE: DCI) gab bekannt, dass der Finanzvorstand Scott Robinson zum 31. Oktober 2024 in den Ruhestand treten wird. Brad Pogalz, derzeit Vizepräsident für globale Finanzplanung und -analyse, wird ihn als CFO nachfolgen. Robinson wird bis zum 6. Dezember 2024 in einer beratenden Funktion verbleiben, um einen reibungslosen Übergang zu gewährleisten. Pogalz, der seit neun Jahren bei Donaldson ist, war zuvor Leiter der Finanzen für EMEA und leitete die Investor Relations, Unternehmenskommunikation, Nachhaltigkeit und das Enterprise Risk Management.
- Planned smooth leadership transition with internal successor
- New CFO brings 9 years of company experience across multiple roles
- None.
Insights
The CFO transition at Donaldson appears well-planned and orderly, with a lengthy notice period allowing for proper knowledge transfer. Brad Pogalz's internal promotion suggests continuity in financial strategy, which is typically positive for stakeholders. His background in investor relations, risk management and financial planning demonstrates comprehensive experience relevant to the CFO position.
The outgoing CFO's tenure coincided with improved financial performance and shareholder value creation, though specific metrics aren't provided. The structured transition period from October to December 2024 should minimize any operational disruption. Internal promotions for key executive positions often indicate strong succession planning and organizational stability.
"On behalf of the Board of Directors and our entire leadership team, I would like to thank Scott for his nearly decade-long dedication to Donaldson,” said Tod Carpenter, chairman, president and chief executive officer. “In the nine years we have worked together, Scott has been an important and respected counsel to me. He has led the company through significant global initiatives which resulted in improved financial performance and shareholder value creation.
“Scott has developed an outstanding global finance team, and I am pleased that we will have strong continuity as Brad takes on the role of chief financial officer. Brad has been an integral strategic leader for Donaldson over the past nine years and carries a deep understanding of our business through his roles spanning investor relations, enterprise risk management, and global financial planning and analysis. Brad’s breadth of knowledge and experience gives me great confidence in him and his ability to work with our leadership team to advance our strategic vision.”
Prior to his current role and during his tenure at Donaldson, Pogalz has served as head of finance, EMEA and head of investor relations, corporate communications, sustainability and enterprise risk management. Pogalz has a Bachelor of Finance degree from the University of
About Donaldson Company
Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Diverse, skilled employees at over 140 locations on six continents partner with customers - from small business owners to R&D organizations and the world’s biggest OEM brands. Donaldson solves complex filtration challenges through three primary segments: Mobile Solutions, Industrial Solutions and Life Sciences. Additional information is available at www.Donaldson.com.
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Sarika Dhadwal (952) 887-3753
Sarika.Dhadwal@Donaldson.com
Source: Donaldson Company, Inc.
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