PROVIDENCE, R.I., Sept. 20, 2011 /PRNewswire/ -- Nortek, Inc. ("Nortek") (OTC QB: NTKS), a leading diversified global manufacturer of innovative, branded residential and commercial ventilation, HVAC and technology products, announced today that Almon C. Hall III, Kevin W. Donnelly and Edward J. Cooney have each been promoted to the position of Senior Vice President of Nortek, Inc. Mr. Hall's new title is Senior Vice President and Chief Financial Officer. Mr. Donnelly is Senior Vice President, General Counsel & Secretary and Mr. Cooney is Senior Vice President and Treasurer.
Mr. Hall joined Nortek in 1977 from Arthur Andersen & Co. and is a graduate of New Hampshire College with a Bachelor of Business Science degree.
Mr. Donnelly joined Nortek in 1988 having previously been in-house counsel for Exxon Corporation and The Yankee Companies. Mr. Donnelly is a graduate of Boston College (undergraduate and law school) and the Amos Tuck School of Business at Dartmouth College.
Mr. Cooney joined Nortek in 2001 after serving as Executive Vice President Sales and Marketing and Chief Financial Officer for Amtrol, Inc. Mr. Cooney is a graduate of the College of the Holy Cross with a degree in Economics and received a Masters in Taxation degree from Bryant University.
Nortek* is a leading diversified global manufacturer of innovative, branded residential and commercial ventilation, HVAC and technology products. Nortek offers a broad array of products, including: range hoods, bath fans, indoor air quality systems, heating and air conditioning systems, and technology offerings, including audio, video, access control, security and digital display mounting and mobility products.
*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.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Nortek's current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors impacting such forward-looking statements include the availability and cost of certain raw materials (including, among others, steel, copper, packaging materials, plastics, resins, glass, wood and aluminum) and purchased components, freight costs, the level of domestic and foreign construction and remodeling activity affecting residential and commercial markets, interest rates, employment levels, inflation, foreign currency fluctuations, consumer spending levels, exposure to foreign economies, the rate of sales growth, prices, and product and warranty liability claims. Nortek undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. For further information, please refer to the reports and filings of Nortek with the Securities and Exchange Commission.
Edward J. Cooney, Senior Vice President and Treasurer
SOURCE Nortek, Inc.