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Vontier Announces Appointment of Christopher J. Klein to the Vontier Board

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Vontier Corporation (NYSE: VNT) has appointed Christopher J. Klein as a director on its Board. Klein brings extensive experience, currently serving as Executive Chairman of Fortune Brands Home & Security, Inc. He previously held the CEO position and has been with the company since 2003. His background also includes pivotal roles at Bank One Corporation and McKinsey & Company. Karen Francis, Chair of Vontier's Board, expressed optimism about Klein's strategic insights contributing to Vontier's growth initiatives.

Positive
  • Appointing Christopher J. Klein could enhance corporate strategy and operational expertise.
  • Klein's experience in public companies may support Vontier's growth plans.
Negative
  • No significant industry experience directly related to transportation and mobility solutions.

RALEIGH, N.C.--()--Vontier Corporation (“Vontier”) (NYSE: VNT) today announced its Board of Directors has appointed Christopher J. Klein as a director of Vontier.

Mr. Klein currently serves as the Executive Chairman of the Board of Fortune Brands Home & Security, Inc., a leading manufacturer of home and security products, having retired as CEO in January 2020. He joined Fortune Brands, Inc. in 2003 and held corporate strategy, business development and operational positions, and served in the role of CEO of Fortune Brands Home & Security from 2010 to January 2020, taking the company public in a spin-off in 2011. Prior to joining Fortune Brands, Inc., Mr. Klein held key strategy and operating positions at Bank One Corporation. Previously, he was a partner at McKinsey & Company, a global management consulting firm where he spent eight years in the firm's Chicago office. Mr. Klein graduated from the University of Iowa's business school (BBA) and earned his MBA at Northwestern University's Kellogg School of Management.

Karen Francis, Chair of the Board of Directors of Vontier, said, "We are pleased to welcome Chris to Vontier’s Board. With his extensive public company and operational tenure, including significant corporate strategy experience, Chris brings valuable perspective as Vontier continues to advance its organic and inorganic transformative growth plans."

ABOUT VONTIER

Vontier is a global industrial technology company focused on transportation and mobility solutions. The company’s portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets. Vontier’s innovative products, services, and software advance efficiency, safety, security, and environmental compliance worldwide.

Guided by the proven Vontier Business System and an unwavering commitment to continuous improvement and customer success, Vontier keeps traffic flowing through more than 90,000 intersections, serves more than 260,000 customer fueling sites, monitors more than 480,000 commercial vehicles, and equips over 600,000 auto technicians worldwide. Vontier’s history of innovation, margin profile, and cash flow characteristics are expected to support continued investment across a spectrum of compelling organic and capital deployment growth opportunities. Vontier is mobilizing the future to create a better world.

Contacts

Lisa Curran
Vice President, Investor Relations
Vontier Corporation
5420 Wade Park Boulevard, Suite 206
Raleigh, NC, 27607
Telephone: (984) 275-6000

FAQ

Who is Christopher J. Klein in relation to Vontier Corporation?

Christopher J. Klein has been appointed as a director on the Board of Vontier Corporation.

What experience does Christopher J. Klein bring to Vontier Corporation?

Klein has extensive experience as the former CEO and Executive Chairman of Fortune Brands Home & Security, and other strategic roles.

How might Klein's appointment impact Vontier Corporation's growth?

Klein's strategic insights are expected to enhance Vontier's organic and inorganic growth initiatives.

When was Christopher J. Klein appointed to the Board of Vontier Corporation?

Christopher J. Klein's appointment was announced on the same day as the press release.

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