Nortek Names Scott Campbell as Chief Supply Chain Officer
Seasoned Executive Selected to Lead Nortek's Global Supply Chain Initiatives
PROVIDENCE, R.I., Oct. 10, 2012 /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 that Scott Campbell, 48, has been appointed Vice President and Chief Supply Chain Officer. In this newly created position, Campbell will be responsible for creating, driving and implementing the Company's global supply chain strategy at an enterprise level.
"One of Nortek's key strategic objectives is to drive growth and long-term profitability by capitalizing on cross-business synergies while, at the same time, continuing to foster independence and accountability in our operating segments," said Michael J. Clarke, chief executive officer. "Accomplishing this objective requires that we develop a center-led supply chain model with standardized policies and processes that drive efficiency, productivity and quality across the entire Nortek portfolio. The depth of Scott Campbell's experience managing complex global supply chains makes him an ideal person for this role. We look forward to his transforming our supply chain function with leading-edge thinking as we migrate toward a shared services model."
Campbell brings to Nortek more than 20 years of supply chain management experience. He previously served as operating partner at SK Capital, a private investment firm focused on the specialty materials, chemicals and healthcare sectors, where he led supply chain transformation efforts for the firm. Prior to SK Capital, he served as vice president of global supply chain for W.R. Grace & Co., and in progressively responsible procurement and supply chain management roles at Polaroid Corporation. He holds a Bachelor of Science degree in Computer Science from Northeastern University.
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.
SOURCE Nortek, Inc.
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