MINNEAPOLIS, June 1, 2012 /PRNewswire/ -- Pentair, Inc. (NYSE: PNR) today announced the appointment of Jim Lucas to the position of vice president of Investor Relations effective immediately. Lucas will replace Sara Zawoyski, previously vice president of Investor Relations, who has been promoted to the position of chief financial officer for Pentair's Technical Products business. To ensure a smooth transition, Lucas and Zawoyski will work closely together through August 1, 2012.
Lucas joins Pentair from Janney Montgomery Scott LLC, an independently operated subsidiary of The Penn Mutual Life Insurance Company, where he had a successful fourteen year career. From 1998 until joining Pentair, Lucas served as a Managing Director/Research where he provided in-depth research and analysis on multi-national companies in all phases of the business cycle. Previously, Lucas held various research analyst roles at NatWest Securities and Raymond James. He will report to John L. Stauch, Pentair chief financial officer.
"We are delighted to have Jim join the Pentair team," said Stauch. "His financial acumen, industry knowledge and strong relationships with the investment community position him well to lead investor relations during this important part of our transformational journey." Lucas received a master of business administration degree and a bachelor of science degree in accountancy from Tampa College in Tampa, Florida.
Zawoyski has led Investor Relations for Pentair since June 2010. Prior to that, she held progressively responsible investor relations, finance and audit roles at PepsiAmericas and PricewaterhouseCoopers. As Pentair's vice president of Investor Relations, she was instrumental in advancing Pentair's overall strategy and investor relations capabilities. "Sara's leadership, business acumen and demonstrated results make her a great addition to our Technical Products' leadership team," said Randall J. Hogan, Pentair chairman and chief executive officer.
About Pentair, Inc.
Pentair (www.pentair.com) is a global diversified industrial company headquartered in Minneapolis, Minnesota. Pentair Water and Fluid Solutions is a leading provider of innovative water and fluid processing products and solutions used in a wide range of applications. Pentair Technical Products is a leading provider of products that enclose and protect some of the world's most sensitive electronics and electrical equipment, ensuring their safe, secure and reliable performance. With 2011 revenues of $3.5 billion, Pentair employs over 15,000 people worldwide.
Pentair Contacts:
Media:
Betsy Day, 763-656-5537
[email protected]
or
Financial Analysts and Investors:
Sara Zawoyski, 763-656-5575
[email protected]
SOURCE Pentair, Inc.
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