Lennox appoints Jon Vander Ark to board of directors
Lennox (NYSE: LII) has announced the appointment of Jon Vander Ark to its board of directors, effective June 1, 2024. Vander Ark is currently the President, CEO, and Director of Republic Services, a leading provider of environmental services in the U.S. According to Lennox Board Chair Todd Teske, Vander Ark's strategic growth experience and commitment to sustainability initiatives will be invaluable. Janet Cooper, Chair of Lennox's Board Governance Committee, emphasized that this appointment, along with Soma Somasunduram's addition in March, reflects Lennox's dedication to board refreshment and succession planning. Vander Ark's career includes senior roles at Republic Services and a background in management consulting at McKinsey & Company, along with a strong academic background from Calvin University and Harvard Law School.
- Appointment of an experienced industry leader to the board, potentially increasing strategic growth and operational expertise for Lennox.
- Jon Vander Ark's background in sustainability initiatives aligns with current industry trends, potentially boosting Lennox's long-term shareholder value.
- The appointment supports Lennox's commitment to board refreshment and succession planning, which can positively affect corporate governance.
- Vander Ark's extensive experience at Republic Services and McKinsey & Company adds significant operational and strategic knowledge to the Lennox board.
- No direct mention of immediate financial benefits or revenue increases associated with the appointment.
- Potential costs related to onboarding a new board member and aligning strategic initiatives may arise.
"We are delighted to welcome Jon to the Lennox Board," said Todd Teske, Lennox's Board Chair. "Jon's strategic growth experience, operational skills, and accomplishments implementing sustainability initiatives make him an excellent addition to our board."
"Jon's expertise will help Lennox further our strategy and aid our focus on delivering long-term shareholder value. The addition of Jon to the Board, following the addition of Soma Somasunduram in March, demonstrates our commitment to Board refreshment and succession planning," said Janet Cooper, Chair of Lennox's Board Governance Committee.
Mr. Vander Ark joined Republic in 2013 and has held a number of senior leadership roles, including Executive Vice President, Chief Operating Officer; Executive Vice President, Operations; and Executive Vice President, Chief Marketing Officer. From 2000 to 2012, Mr. Vander Ark worked at McKinsey & Company, a global management consulting firm, serving as a manager, associate principal, and partner. He also serves on the Board of Chances for Children, a non-profit supporting children in
Mr. Vander Ark holds a Bachelor of Arts degree from Calvin University and a juris doctor from Harvard Law School.
About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com.
Media Contact
pr@lennox.com
Investor Relations Contact
investor@lennox.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/lennox-appoints-jon-vander-ark-to-board-of-directors-302154563.html
SOURCE Lennox International Inc.
FAQ
When will Jon Vander Ark join Lennox's board?
What is Jon Vander Ark's current position?
What company does Jon Vander Ark currently work for?
What experience does Jon Vander Ark bring to Lennox?
Who is the Chair of Lennox's Board Governance Committee?