nVent Announces New Executive Leadership Appointments

Rhea-AI Summary

nVent Electric (NYSE:NVT) announced key executive leadership appointments to support its portfolio transformation and regional growth strategy. Sara Zawoyski has been appointed President of Systems Protection, effective March 31, 2025, while continuing her role as Interim President since June 2024.

Gary Corona will join as Executive Vice President and CFO on March 31, 2025, bringing experience from Medtronic and General Mills. In a newly created role, Robert van der Kolk will become President of EMEA and APAC from March 17, 2025. Brian Coleman, formerly from 3M, will take over as President of Electrical Connections on March 17, 2025.

These appointments follow nVent's recent sale of its Thermal Management business, acquisition of Trachte, and announced agreement to acquire the Electrical Products Group business of Avail, marking significant steps in becoming a more focused, high-growth global electrical company.

Positive

• Strategic restructuring of executive leadership to support global expansion
• Successful portfolio transformation through strategic acquisitions (Trachte) and divestitures (Thermal Management)
• Creation of new EMEA and APAC presidency indicates commitment to international market growth

Negative

• None.

• Sara Zawoyski appointed President of Systems Protection, effective March 31, 2025; currently nVent Executive Vice President and Chief Financial Officer
• Gary Corona to join nVent as Executive Vice President and Chief Financial Officer, effective March 31, 2025
• Robert van der Kolk appointed President of EMEA and APAC, effective March 17, 2025; currently nVent President of Electrical Connections
• Brian Coleman to join nVent as President of Electrical Connections, effective March 17, 2025
• These executive leadership appointments advance nVent’s transformation to become a more focused, higher growth, leading global electrical company

LONDON--(BUSINESS WIRE)-- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced appointments to its executive leadership team to support the company’s portfolio transformation and to create greater focus on regional growth.

Having recently completed pivotal steps in its portfolio transformation, including the sale of its Thermal Management business and latest acquisition of Trachte, and recently announced agreement to acquire the Electrical Products Group business of Avail, nVent is announcing key executive leadership appointments. These appointments will further strengthen the nVent leadership team as it transforms the company and advances its strategy for customers, shareholders and employees.

• Sara Zawoyski is appointed President of Systems Protection (formerly Enclosures), effective March 31, 2025. Having served as Interim President of Systems Protection since June 2024, in addition to her role as EVP and CFO since 2019, Sara is well positioned to execute the growth strategies for the Systems Protection segment.
• Gary Corona joins nVent as Executive Vice President and Chief Financial Officer, effective March 31, 2025. Gary comes to nVent as an experienced financial executive with a proven track record of driving strong financial and operational results and leading transformational change. He brings broad expertise, including financial planning and analysis, supply chain, mergers and acquisitions, strategic planning and business transformation. Gary joins nVent from Medtronic, where he serves as Senior Vice President, Corporate Finance after serving as Interim Chief Financial Officer from August 2024 to March 2025. Prior to that, he served as Medtronic’s Senior Vice President, Global Financial Planning & Analysis since January 2023. Prior to Medtronic, Gary had a 25+ year career with General Mills, serving in enterprise leadership and business finance roles, driving numerous initiatives that delivered margin expansion and enabled growth.
• Robert van der Kolk is named to the newly created role of President of EMEA and APAC, effective March 17, 2025. Robert has been with nVent since its inception, serving as President of Electrical Connections (formerly Electrical and Fastening Solutions). With nVent’s strategy to increase global growth and geographic expansion, he will drive strong customer and commercial focus in these two important regions.
• Brian Coleman joins nVent as President of Electrical Connections, effective March 17, 2025. Brian joins nVent from 3M, where he spent the last fourteen years and most recently served as President & General Manager Automotive and Aerospace Solutions Division. Prior to this role, Brian led various businesses across industrial, safety, automotive and retail and aftermarket segments, developing deep industrial and distribution expertise.

nVent Chair and CEO Beth Wozniak said: “I’m excited for the next steps we are taking in nVent’s transformation. The appointments of these new leadership positions will strengthen our nVent team. Sara will continue to drive growth and performance in the Systems Protection President role. Robert’s new role will strengthen our customer and partner relationships in EMEA and Asia Pacific and enhance our growth in these regions. I also am pleased to welcome Gary Corona and Brian Coleman to nVent. As our new Chief Financial Officer, Gary will bring deep finance expertise and a strong track record of results to the role, and Brian will bring his industrial manufacturing and distribution experience to his role as our new President of Electrical Connections. The addition of these two outstanding leaders combined with the proven leadership of Sara and Robert will accelerate our business performance. I look forward to the positive impact these leadership appointments will have on our business and for our customers, shareholders and employees. Our future is bright.”

Today’s announcements, coupled with the recent sale of the Thermal Management business and buildout of its control building solutions platform with Trachte, and our pending Electrical Products Group business acquisition, mark pivotal milestones in nVent’s transformation journey and the next stage of becoming a more focused, high-growth, global electrical company.

About nVent

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions; competition and pricing pressures in the markets we serve, including the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses, including risks associated with military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.

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nVent Investor Contact

Tony Riter

Vice President, Investor Relations

763.204.7750

Tony.Riter@nVent.com

nVent Media Contact

Stacey Wempen

Director of External Communications

763.204.7857

Stacey.Wempen@nVent.com

Source: nVent

FAQ

When will Sara Zawoyski start as nVent's President of Systems Protection (NVT)?

Sara Zawoyski will start as President of Systems Protection on March 31, 2025, after serving as Interim President since June 2024.

Who is replacing Sara Zawoyski as CFO at nVent (NVT)?

Gary Corona, former Senior VP of Corporate Finance at Medtronic, will join as Executive VP and CFO on March 31, 2025.

What recent acquisitions has nVent (NVT) made as part of its transformation?

nVent has acquired Trachte and announced an agreement to acquire the Electrical Products Group business of Avail.

What strategic changes is nVent (NVT) implementing in its regional operations?

nVent created a new role of President of EMEA and APAC, appointing Robert van der Kolk effective March 17, 2025, to drive regional growth and strengthen customer relationships.