Modine Names Jake Feldman as General Manager, IAQ

Rhea-AI Summary

Modine Manufacturing Company (NYSE: MOD), a leader in thermal management, has appointed Jake Feldman as General Manager for its Indoor Air Quality (IAQ) division. Feldman, who has extensive experience from Advanced Energy and Danaher Corporation, will report to Eric McGinnis, Vice President of Building HVAC. Modine emphasizes the importance of clean indoor air, especially in schools, and offers various HVAC solutions in this growing market. The company reported revenues of $1.8 billion for fiscal 2021 and operates globally across North America, South America, Europe, and Asia.

Positive

• Appointment of Jake Feldman as General Manager for IAQ could enhance leadership in a key growth area.
• Growing market for Indoor Air Quality solutions may increase revenue opportunities.
• Annual revenues of $1.8 billion indicate a strong financial position.

Negative

• None.

RACINE, Wis., Sept. 29, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Jake Feldman has been appointed General Manager, IAQ. In this role, Mr. Feldman will lead the Company's Indoor Air Quality business and will report to Eric McGinnis, Vice President, Building HVAC. Modine produces horizontal and vertical ventilation systems for the school market and make-up air systems and dedicated outdoor air systems ("DOAS") for commercial buildings.

Mr. Feldman most recently served as the General Manager, PowersInsight for Advanced Energy and prior to that was the Director of Program Management and Integration. Mr. Feldman also spent 10 years with Danaher Corporation, where he served in roles of increasing responsibility, including serving as the Global Business Unit Manager, Hach Company. 

"Jake is a great addition to the Modine team, and I'm very pleased that he will be leading our Indoor Air Quality business," said McGinnis. "Having clean indoor air has never been more important, particularly in school environments. Modine offers several HVAC solutions for ensuring clean air in schools and in commercial buildings. This is a significant area of focus for us, as we build our commercial organization to take advantage of this growing market."

About Modine

Modine, with fiscal 2021 revenues of $1.8 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling components, original equipment products, and systems to diversified global markets through its four complementary segments: BHVAC, CIS, HDE, and Automotive. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.

Investor & Media Contact

Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com

 

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SOURCE Modine Manufacturing Company

FAQ

Who is the new General Manager of Modine's Indoor Air Quality division?

Jake Feldman has been appointed as the General Manager of Modine's Indoor Air Quality division.

What is the significance of clean indoor air according to Modine?

Modine highlights that clean indoor air is crucial, particularly in school environments.

What were Modine's revenues for fiscal 2021?

Modine reported revenues of $1.8 billion for fiscal 2021.

What products does Modine offer for indoor air quality?

Modine produces ventilation systems for schools and commercial buildings, including make-up air systems and dedicated outdoor air systems.