Ronald Merriman Named to the 2022 NACD Directorship 100 List

Rhea-AI Summary

nVent Electric plc (NYSE:NVT) announced that former Director Ronald Merriman was named to the 2022 National Association of Corporate Directors (NACD) Directorship 100 list, which honors exemplary board leadership. Merriman played a crucial role since nVent's spin-off in May 2018, providing guidance through the pandemic. His extensive background includes being a retired Vice Chairman of KPMG and contributions to various leadership roles. nVent is a leading provider of electrical connection and protection solutions, focused on safety and security across industries.

Positive

• Ronald Merriman recognized on NACD Directorship 100 list, highlighting exemplary board leadership.
• Merriman's contributions noted in guiding nVent through challenges since its 2018 spin-off.

Negative

• None.

LONDON--(BUSINESS WIRE)-- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that former nVent Director Ronald Merriman has been named to the 2022 National Association of Corporate Directors (NACD) Directorship 100. The Directorship 100 list recognizes directors who “serve as role models in promoting exemplary board leadership, oversight and courage in the boardroom.”

“Ron served as a director of nVent’s board since the spin in May of 2018. He joined Pentair’s Board of Directors in 2004 and has had a long history with the business. Ron was a key contributor to help nVent spin as an independent company, navigate through the challenges of the pandemic and provide valuable mentorship to the nVent management team. Ron – thank you for being a valued leader, partner and director. Congratulations on this prestigious recognition,” said nVent’s Chief Executive Officer Beth Wozniak.

Ronald L. Merriman

Ronald L. Merriman served on nVent’s Board of Directors from the company’s launch until May 2022 and is the former Chair of nVent’s Audit and Finance Committee. Mr. Merriman is a retired Vice Chairman and partner of KPMG LLP, a global accounting and consulting firm, where he held various leadership roles from 1967 to 1997. At KPMG LLP, Mr. Merriman served as a Vice Chairman of the Executive Management Committee. He also led KPMG’s Global Transportation and Logistics Practice and its Global Healthcare Practice and served as its U.S. Liaison Partner for Asia. More recently, Mr. Merriman founded Merriman Partners, a management advisory firm, in 2003 and served as its managing partner from 2004 to 2011. Prior to that, he served as managing director of O’Melveny and Meyers LLP, a global law firm, as Executive Vice President of Carlson Wagonlit Travel, and as President of Ambassador Performance Group, Inc. Mr. Merriman has served as a director of Realty Income Corporation since 2005.

NACD

NACD is a nonprofit membership organization for corporate directors that work together to serve as trusted catalysts of economic opportunity and positive change.

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 enclosures, electrical connections and fastening and thermal management 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, RAYCHEM, SCHROFF and TRACER. Learn more at www.nvent.com.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20220622006018/en/

Stacey Wempen

Director, External Communications

nVent

763.204.7857

Stacey.Wempen@nVent.com

Source: nVent Electric plc

FAQ

Who is Ronald Merriman and why is he recognized by NACD?

Ronald Merriman, former nVent Director, was honored by NACD for his exemplary board leadership and contributions since the company's spin-off.

What role did Ronald Merriman play at nVent Electric?

Ronald Merriman served on nVent's Board of Directors since its spin-off in May 2018 and was a key figure in navigating company challenges during that time.

What is nVent Electric's stock symbol?

The stock symbol for nVent Electric is NVT.

When did Ronald Merriman serve on nVent's Board of Directors?

Ronald Merriman served on nVent's Board from its launch in May 2018 until May 2022.

What type of company is nVent Electric?

nVent Electric is a leading global provider of electrical connection and protection solutions.