- 20 - Name Preacquisition Title Postacquisition Title William P. Brink Corporate vice president, Vice president, chief financial controller officer and controller Charles W. Denny Executive vice president, Executive vice president, chief electrical distribution operating officer sector Philip H. Francis Corporate vice president, Vice president, corporate corporate technology technology and quality center Dexter S. Free Corporate vice president, Corporate vice president, treasurer and assistant treasurer and assistant secretary secretary John C. Garrett Executive vice president, Executive vice president, industrial sector industrial controls Charles L. Hite Corporate vice president, Corporate vice president, human resources human resources Walter W. Kurczewski Corporate vice president, Corporate vice president, general counsel and general counsel and secretary secretary David L. Pugh Vice president, general Vice president, general manager, manager, power equipment equipment business unit business Chris C. Richardson Vice president, general Vice president, general manager, manager, utilities utilities business business, and president, Anderson Prods. Clive N. Thompson Vice president, distribution Vice president, distribution equipment business unit equipment business unit Robert D. Williams Vice president, general Vice president, general manager manager, transformer transformer business business C. Importance of Schneider’s Retaining Petitioner’s Key Executives One of Schneider’s top priorities after its acquisition of petitioner was to retain key executives of petitioner in order to assure petitioner’s continued successful business operations and protect Schneider’s $2.25 billion investment. Schneider had been advised by a management consultant that retaining petitioner’s current management would be critical to the company’s continued success in the event it was acquired by Schneider. Moreover, Schneider’s management did not believe it could feasibly replace petitioner’s existing management team with French executives fromPage: Previous 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Next
Last modified: May 25, 2011