Peters to Retire from Emerson
By Business Wire News
By Business Wire News
Charles A. Peters, senior executive vice president whose 40-year career at Emerson (NYSE: EMR) has involved leadership of many of the company’s strategic growth and technology innovation initiatives, has announced his retirement, effective Dec. 7, 2015.
Peters, a member of the Office of the Chief Executive, most recently had management oversight of Emerson’s information technology and marketing programs, as well as its InSinkErator, Ridge Tool and Emerson Tool businesses. He has been a director of the company since 2000, and also is retiring from the board.
Peters joined Emerson in 1975 as an engineering cooperative student at its Browning business in Maysville, Ky., and has served in a wide range of operating and management roles, including as vice president of strategic planning, vice president of development and technology and senior vice president of growth programs.
Over the years, Peters has championed many of Emerson’s innovative business models and product strategies that incorporate best-in-class technologies and services with insightful data to serve customers in new ways. He also has had responsibility for developing engineering and customer support “centers of excellence” in key markets, and is credited with developing Emerson’s mid-tier product playbook as well as assisting Emerson’s many businesses incorporate new pricing and market analytics into their strategies.
Emerson Chairman and Chief Executive Officer David N. Farr thanked Peters for his many years of commitment and outstanding service to Emerson and said: “As I look back on his great career, I want to personally thank Charlie for his numerous contributions to the company. He has been instrumental in helping to shape much of Emerson’s 125 years of success. I wish Charlie all the best as he transitions to retirement.”
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2015 were $22.3 billion. For more information, visit Emerson.com.
Mark Polzin, 314-982-1758