Lennox International appoints Shane D. Wall to board of directors

Rhea-AI Summary

Lennox International has appointed Shane D. Wall to its board of directors, effective July 10, 2020. Wall, former Chief Technology Officer at HP Inc., brings extensive technology expertise and diverse management experience to the role. His background includes significant positions at Hewlett-Packard and Intel Corporation. The company's chairman, Todd Bluedorn, expressed enthusiasm about Wall’s appointment, emphasizing the valuable perspective he will provide as Lennox continues to lead in the heating, air conditioning, and refrigeration markets.

Positive

• Shane D. Wall's extensive technology background may drive innovation and competitive advantage.
• Wall's experience in large global technology companies could enhance strategic decision-making.

Negative

• Concerns regarding potential continuity in leadership with the addition of a new board member.

DALLAS, July 10, 2020 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced the appointment of Shane D. Wall as a member of its board of directors, effective July 10, 2020. Mr. Wall is the former Chief Technology Officer of HP Inc., a New York Stock Exchange information technology company.

"We're excited to welcome Shane as a member of our board of directors of Lennox International," said Todd Bluedorn, Lennox International's chairman of the board and chief executive officer. "Shane's extensive technology expertise coupled with his diverse general management experiences within large global technology companies make him an excellent addition to our board."

Mr. Wall started his career at Hewlett-Packard Company in 1986 where he held various engineering and management roles until 1995, when he left to run PrintPaks, a spin-out of Hewlett-Packard Company.  In 1998, PrintPaks was acquired by a joint venture backed by Intel Corporation. From 1998 to 2012, Mr. Wall held several senior technology and general management positions at Intel Corporation.  In 2012, Mr. Wall rejoined Hewlett-Packard Company as Chief Technology Officer and Senior Vice President of Printing and Personal Systems.  In 2015 following Hewlett-Packard's separation into HP Inc. and Hewlett-Packard Enterprise, Mr. Wall became Chief Technology Officer and Global Head, HP Labs of HP Inc. In January 2020, Mr. Wall retired from his executive position at HP Inc. but continues as a special advisor to the Chief Executive Officer.  He also serves as a member of the U.S. President's Counsel of Advisors on Science and Technology.

Mr. Wall holds a bachelor's of science degree in electrical and computer engineering from Oregon State University.

Lennox International Inc. is a global leader in the heating, air conditioning, and refrigeration markets.  Lennox International Inc. stock is listed on the New York Stock Exchange and traded under the symbol "LII". Contact: Steve Harrison, Vice President, Investor Relations of Lennox International Inc., 972-497-6670.

View original content to download multimedia:http://www.prnewswire.com/news-releases/lennox-international-appoints-shane-d-wall-to-board-of-directors-301091653.html

SOURCE Lennox International Inc.

FAQ

Who is Shane D. Wall and what is his background in relation to Lennox International?

Shane D. Wall is the new board member of Lennox International, previously serving as Chief Technology Officer of HP Inc. He has a background in technology and general management from companies like Hewlett-Packard and Intel.

When was Shane D. Wall appointed to Lennox International's board of directors?

Shane D. Wall was appointed to the board of directors on July 10, 2020.

What impact might Shane D. Wall's appointment have on Lennox International?

Wall's appointment may introduce fresh perspectives and expertise in technology, potentially benefiting the company's strategic direction and innovation.

What experience does Shane D. Wall bring to Lennox International?

Wall brings extensive technology expertise from his roles at HP and Intel, including experience in engineering and management within large global tech companies.