Rockwell Automation Announces New Chief Financial Officer

Rockwell Automation

PR88120

 

MILWAUKEE, Feb. 17, 2021 /PRNewswire=KYODO JBN/ --

 

Nicholas Gangestad to join the company on March 1

 

Rockwell Automation, Inc. (NYSE:ROK), the world's largest company dedicated to

industrial automation and digital transformation, announced today that Nicholas

Gangestad will join the company as Senior Vice President and Chief Financial

Officer on March 1. He will report to Rockwell Chairman and CEO Blake Moret.

 

Logo-https://mma.prnewswire.com/media/1323813/Rockwell_Automation_Logo.jpg

 

Gangestad joins Rockwell after a long career with 3M, where he most recently

served as the company's Chief Financial Officer and oversaw all aspects of the

financial organization including compliance, financial planning, treasury, and

tax. Before his promotion to CFO in 2014, Gangestad served as 3M's Chief

Accounting Officer, Corporate Controller, and also held global financial

management roles overseeing teams and developing talent in Canada, Latin

America, and Asia Pacific.

 

"Nick's leadership experience, strong finance background, and deep

understanding of our industrial customers will help Rockwell Automation drive

its strategic vision and accelerate profitable growth," Moret said. "We are

thrilled to welcome him to a dynamic leadership team focused on generating

superior customer and shareowner value."

 

"It's an honor to become part of the Rockwell team. They have already

accomplished so much as a leader in industrial automation and I'm very excited

to be joining at a time when software is becoming an increasingly important

part of the business," Gangestad said. "I'm energized by Rockwell's people, its

mission, and its strategies to improve productivity and sustainability for its

customers. I look forward to working with the Rockwell team in achieving its

vision for the future."

 

Gangestad received an undergraduate degree from Augsburg University in

Minneapolis and an MBA from the University of Minnesota.

 

Gangestad replaces Steve Etzel, who has served as interim CFO since November

2020. Etzel is a 30-year company veteran who postponed his previously announced

retirement to fill the interim role. He will retire in 2021 after a transition

period.

 

"Steve Etzel's steady, thoughtful contributions to Rockwell and our

stakeholders have been well-recognized for many years. His willingness to step

up during our CFO transition has been especially appreciated," said Moret. "The

board and I wish him and his family the very best in his retirement."

 

About Rockwell Automation

 

Rockwell Automation Inc. (NYSE: ROK), is a global leader in industrial

automation and digital transformation. We connect the imaginations of people

with the potential of technology to expand what is humanly possible, making the

world more productive and more sustainable. Headquartered in Milwaukee,

Wisconsin, Rockwell Automation employs approximately 23,500 problem solvers

dedicated to our customers in more than 100 countries. To learn more about how

we are bringing the Connected Enterprise to life across industrial enterprises,

visit www.rockwellautomation.com

 

SOURCE Rockwell Automation

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=384604

 

   Caption: Nicholas Gangestad, Senior Vice President and Chief Financial Officer

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