2014

Nortek Names Denise Nemchev Vice President, Business Transformation Veteran of 20 Years at Stanley Black & Decker Will Serve on Senior Leadership Team

PROVIDENCE, R.I., April 4, 2013 /PRNewswire/ -- Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative, technology-driven products and solutions for residential and commercial applications, today announced the appointment of Denise Nemchev as Vice President of Business Transformation. She will also serve as a member of the company's Senior Leadership Team.

In this newly created position, Nemchev will lead the overall effort and provide guidance and alignment for all projects related to Nortek's recently announced transformation initiatives. Her responsibilities will include leading the coordination and sequencing of these enterprise-wide projects.

"Denise will play a vital role in driving operational transformation across Nortek, which is designed to position the company as a globally competitive manufacturer of innovative branded products," said Michael J. Clarke, Nortek's President and Chief Executive Officer. "She has a long track record of effecting organizational change at various levels, and we are pleased to welcome her to the team."

Nemchev most recently served as Vice President, Product and Strategic Marketing at Stanley Black & Decker, where she held roles of increasing responsibility for 20 years, including nearly 10 years as a president of several global business units. She holds a Bachelor of Science degree in Mechanical Engineering from Massachusetts Institute of Technology and a Master of Business Administration degree in Technology and Finance from Rensselaer Polytechnic Institute.

About Nortek

Nortek* is a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. The Company's broad array of offerings includes audio/video and security solutions, digital display mounting solutions, ventilation products such as range hoods and bathroom fans, heating and cooling products, and air management systems.

*As used herein, the term "Nortek" refers to Nortek, Inc., together with its subsidiaries, unless the context indicates otherwise.  This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs.

Contact:

Almon Hall
Senior Vice President and Chief Financial Officer
Nortek, Inc.
401.751.1600
Almon.Hall@nortekinc.com

 

SOURCE Nortek, Inc.



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