NYSE:DCIMachinery
Donaldson CEO Handover And Facet Deal Shift Filtration Growth Story
Donaldson Company (NYSE:DCI) named COO Richard Lewis as its next CEO, succeeding retiring CEO Tod Carpenter.
The leadership transition follows Carpenter’s extensive tenure and is set to take effect alongside his retirement.
Donaldson also agreed to acquire Facet Filtration for $820 million, adding to its filtration offerings.
The combination of the CEO handover and the Facet Filtration deal marks a significant corporate update for the company.
For investors tracking Donaldson Company at a...