Helios Technologies Announces Laura Dempsey Brown as New Board Chair
Helios Technologies (NYSE: HLIO) has announced a significant leadership change with Laura Dempsey Brown being appointed as the new Board Chair, effective immediately. She succeeds Philippe Lemaitre, who is retiring after serving on the board since 2007 and as Chair since 2013.
Dempsey Brown, who joined Helios' Board in 2020, brings extensive experience from her 19-year tenure at W.W. Grainger, where she served as Senior Vice President of Communications and Investor Relations until her retirement in 2018. She has previously chaired both the Audit and ESG Committees at Helios.
The leadership transition comes as part of Helios' board succession planning. CEO Sean Bagan expressed gratitude for Lemaitre's leadership and welcomed Dempsey Brown's appointment, emphasizing the company's growth and diversification over the past 18 years. Dempsey Brown stated her commitment to improving performance, delivering profitable results, and enhancing shareholder returns.
Helios Technologies (NYSE: HLIO) ha annunciato un importante cambiamento nella leadership con la nomina di Laura Dempsey Brown come nuova Presidente del Consiglio, con effetto immediato. Sostituisce Philippe Lemaitre, che si ritira dopo aver servito nel consiglio dal 2007 e come Presidente dal 2013.
Dempsey Brown, entrata nel Consiglio di Helios nel 2020, porta con sé una vasta esperienza derivante dai suoi 19 anni alla W.W. Grainger, dove ha ricoperto il ruolo di Vicepresidente Senior delle Comunicazioni e delle Relazioni con gli Investitori fino al suo pensionamento nel 2018. Ha precedentemente presieduto sia il Comitato di Revisione che il Comitato ESG di Helios.
Il passaggio di leadership fa parte della pianificazione della successione del consiglio di Helios. Il CEO Sean Bagan ha espresso gratitudine per la leadership di Lemaitre e ha accolto la nomina di Dempsey Brown, sottolineando la crescita e la diversificazione dell'azienda negli ultimi 18 anni. Dempsey Brown ha dichiarato il suo impegno a migliorare le performance, a garantire risultati profittevoli e a potenziare i rendimenti per gli azionisti.
Helios Technologies (NYSE: HLIO) ha anunciado un cambio significativo en el liderazgo con la designación de Laura Dempsey Brown como nueva Presidenta de la Junta, con efecto inmediato. Ella sucede a Philippe Lemaitre, quien se retira después de haber servido en la junta desde 2007 y como Presidente desde 2013.
Dempsey Brown, quien se unió a la Junta de Helios en 2020, aporta una amplia experiencia de sus 19 años en W.W. Grainger, donde se desempeñó como Vicepresidenta Senior de Comunicaciones y Relaciones con Inversores hasta su jubilación en 2018. Anteriormente, presidió tanto el Comité de Auditoría como el Comité ESG en Helios.
La transición de liderazgo es parte de la planificación de sucesión de la junta de Helios. El CEO Sean Bagan expresó su agradecimiento por el liderazgo de Lemaitre y dio la bienvenida a la designación de Dempsey Brown, enfatizando el crecimiento y la diversificación de la compañía en los últimos 18 años. Dempsey Brown declaró su compromiso de mejorar el rendimiento, ofrecer resultados rentables y aumentar los retornos para los accionistas.
Helios Technologies (NYSE: HLIO)는 Laura Dempsey Brown을 새로운 이사회 의장으로 즉시 임명했다고 발표했습니다. 그녀는 2007년부터 이사회에서 활동해 온 Philippe Lemaitre의 후임이며, Lemaitre는 2013년부터 의장직을 맡아왔습니다.
Dempsey Brown은 2020년에 Helios 이사회에 합류했으며, 2018년 은퇴할 때까지 W.W. Grainger에서 커뮤니케이션 및 투자자 관계의 수석 부사장으로 19년간 근무한 폭넓은 경험을 가지고 있습니다. 그녀는 Helios에서 감사 및 ESG 위원회를 모두 의장으로 역임한 바 있습니다.
이번 리더십 전환은 Helios 이사회의 후계 계획의 일환으로 이루어졌습니다. CEO Sean Bagan은 Lemaitre의 리더십에 감사의 뜻을 전하며 Dempsey Brown의 임명을 환영하며, 지난 18년간 회사의 성장과 다각화를 강조했습니다. Dempsey Brown은 성과 개선, 수익성 있는 결과 제공 및 주주 수익 증대에 대한 자신의 의지를 밝혔습니다.
Helios Technologies (NYSE: HLIO) a annoncé un changement significatif de direction avec la nomination de Laura Dempsey Brown en tant que nouvelle Présidente du Conseil, avec effet immédiat. Elle succède à Philippe Lemaitre, qui prend sa retraite après avoir siégé au conseil depuis 2007 et en tant que Président depuis 2013.
Dempsey Brown, qui a rejoint le Conseil de Helios en 2020, apporte une vaste expérience de ses 19 années chez W.W. Grainger, où elle a occupé le poste de Vice-présidente senior des communications et des relations avec les investisseurs jusqu'à sa retraite en 2018. Elle a précédemment présidé à la fois le Comité d'audit et le Comité ESG chez Helios.
Cette transition de leadership fait partie de la planification de la succession du conseil de Helios. Le PDG Sean Bagan a exprimé sa gratitude pour le leadership de Lemaitre et a accueilli la nomination de Dempsey Brown, en soulignant la croissance et la diversification de l'entreprise au cours des 18 dernières années. Dempsey Brown a déclaré son engagement à améliorer la performance, à fournir des résultats rentables et à accroître les rendements pour les actionnaires.
Helios Technologies (NYSE: HLIO) hat eine bedeutende Führungsänderung bekannt gegeben, indem Laura Dempsey Brown mit sofortiger Wirkung zur neuen Vorsitzenden des Vorstands ernannt wurde. Sie tritt die Nachfolge von Philippe Lemaitre an, der nach seiner Tätigkeit im Vorstand seit 2007 und als Vorsitzender seit 2013 in den Ruhestand geht.
Dempsey Brown, die 2020 in den Vorstand von Helios eintrat, bringt umfassende Erfahrung aus ihrer 19-jährigen Tätigkeit bei W.W. Grainger mit, wo sie bis zu ihrem Ruhestand im Jahr 2018 als Senior Vice President für Kommunikation und Investor Relations tätig war. Zuvor hatte sie sowohl den Prüfungsausschuss als auch den ESG-Ausschuss bei Helios geleitet.
Der Führungswechsel ist Teil der Nachfolgeplanung des Vorstands von Helios. CEO Sean Bagan drückte seine Dankbarkeit für die Führung von Lemaitre aus und begrüßte die Ernennung von Dempsey Brown, wobei er das Wachstum und die Diversifizierung des Unternehmens in den letzten 18 Jahren hervorhob. Dempsey Brown erklärte ihr Engagement für die Verbesserung der Leistung, die Erzielung profitabler Ergebnisse und die Steigerung der Renditen für die Aktionäre.
- Smooth leadership transition through established succession planning process
- New Board Chair brings extensive corporate experience from major NYSE-listed company (W.W. Grainger)
- Strong focus on improving financial performance and shareholder returns under new leadership
- Loss of long-term institutional knowledge with departure of 18-year board veteran
Laura Dempsey Brown has been appointed successor to Board Chair as Philippe Lemaitre retires following nearly 18 years of service on the Board
Laura Dempsey Brown has been appointed successor to Board Chair as Philippe Lemaitre retires following nearly 18 years of service on the Board.
“On behalf of the Board and the entire Helios team, we are grateful for Philippe’s leadership over the years and are thrilled to have Laura take the baton as our new Chair,” said Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios. “We are a very different company than the one Philippe joined nearly 18 years ago, having meaningfully grown and diversified during that time. I have appreciated his counsel and advice rooted in many years of experience with the Company. I look forward to partnering with Laura and the Board to maximize value for all stakeholders by leveraging our strong set of assets, industry leading products, and top tier talent that power our business.”
Laura Dempsey Brown commented, “Helios is a portfolio of companies with deep histories and strong cultures. I look forward to working with the Board, Sean and the rest of the management team to unlock the potential for the Company. We plan to improve our performance, deliver profitable results, and enhance shareholder returns.”
New Board Leadership
Ms. Dempsey Brown joined the Helios Board of Directors in April 2020. During her tenure, she has served as both the Chair of the Audit Committee and, most recently, ESG Committee and has been a member of the most recent CEO search committee. Ms. Brown retired in 2018 from W.W. Grainger, Inc. (NYSE: GWW), a leading broad line supplier of maintenance, repair and operating products after 19 years. She was the Senior Vice President, Communications and Investor Relations since 2010. Previously Ms. Brown served as Vice President of Marketing, and she also led the strategy development and operational execution of Grainger’s multi-year market expansion initiative focused on the top 25 U.S. metro markets. In addition, Ms. Brown served as the Vice President of Finance for Grainger’s field sales, operations, marketing and e-business functions. Prior to joining Grainger, Ms. Brown was a Vice President at Alliant Foodservice and at Dietary Products at
About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisitions. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.
FORWARD-LOOKING INFORMATION
Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, among other things, regarding changes to the Board of Directors, succession, governance and other statements that are not historical in nature. Any information that is not historical in nature included in this release is subject to change. These statements are made on the basis of views and assumptions regarding future events as of the time the statements are made. The Company does not undertake any obligation to update these statements. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company, including changes to the Board of Directors and business or governance decisions, as well as from developments beyond the Company’s control, including the factors set forth in the Company’s Annual Report on Form 10-K for the year ended December 28, 2024 and subsequent filings with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250317113242/en/
Investor and Media contacts:
Tania Almond
Vice President, Investor Relations and Corporate Communication
(941) 362-1333
tania.almond@HLIO.com
Deborah Pawlowski
Alliance Advisors IR
(716) 843-3908
dpawlowski@allianceadvisors.com
Source: Helios Technologies, Inc.
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