Pentair Names Adrian Chiu as EVP, Chief Transformation Officer

Rhea-AI Summary

Pentair plc (NYSE: PNR) has appointed Adrian Chiu as Executive Vice President, Chief Transformation Officer, effective March 1, 2021. Reporting to CEO John Stauch, Chiu aims to enhance sales performance and support strategic growth initiatives. With nearly a decade at Pentair, Chiu has played a crucial role in the company’s restructuring, including the 2018 split from nVent Electric. In 2020, Pentair generated $3 billion in revenue, serving customers in over 150 countries through sustainable water solutions.

Positive

• Appointment of Adrian Chiu as Chief Transformation Officer to drive sales growth.
• Chiu's proven experience in leading organizational change and transformation initiatives.
• Strong financial performance with $3 billion revenue reported in 2020.

Negative

• None.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, announced today that it has named Adrian Chiu to its executive leadership team as Executive Vice President, Chief Transformation Officer effective March 1, 2021. Chiu will report to John Stauch, Pentair President and CEO.

“At Pentair, we are focused on delivering for customers and creating value for our shareholders,” said Stauch. “Adrian has a demonstrated track record of leading change through the utilization of our Pentair Integrated Management System (PIMS) toolkit. His appointment to this role and our executive leadership team is a step forward for our desire to drive accelerated return on sales expansion in our core business, while also investing in our strategic growth strategies for the future.”

Chiu has held positions of increasing responsibility in his nearly 10 years at Pentair including playing a pivotal leadership role in the 2018 separation of Pentair’s electrical business which is now nVent Electric plc. Chiu currently serves as Vice President, Total Rewards and Human Resources Information Systems. Prior to joining Pentair, Chiu had over 11 years of experience leading and consulting on large-scale HR Technology & Transformation projects for several major global companies.

ABOUT PENTAIR PLC

Pentair makes the most of life’s essential resources. From our residential and business solutions that help people move, improve and enjoy their water, to our sustainable innovations and applications, we deliver smart, sustainable solutions for life.

Pentair had revenue in 2020 of $3 billion, and trades under the ticker symbol PNR. With approximately 9,750 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit Pentair.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005374/en/

FAQ

Who is Adrian Chiu at Pentair?

Adrian Chiu is appointed as Executive Vice President, Chief Transformation Officer at Pentair, effective March 1, 2021.

What is Pentair's revenue for 2020?

Pentair reported a revenue of $3 billion in 2020.

What is the purpose of Adrian Chiu's appointment to Pentair?

Chiu's appointment aims to enhance sales performance and support strategic growth initiatives.

In what year did Pentair separate from nVent Electric?

Pentair separated from nVent Electric in 2018.

What is Pentair's ticker symbol?

Pentair trades under the ticker symbol PNR.