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NORGREN APPOINTS NEW EUROPEAN CHIEF FINANCE OFFICER

22 October 2013

Norgren, a global market leader in pneumatic motion and fluid control technology, has appointed Richard Fenton as European Chief Finance Officer (CFO).

A member of the Institute of Chartered Accountants in England and Wales, Richard has a wealth of commercial and finance experience in industry.

His previous employment includes finance roles at Dalgety plc then the EMEA Financial Director for the Polymer Sealing Solutions division of TI plc which was acquired by Smiths Group plc as part of their merger with TI. He then had a key role in the sale of the business by Smiths to Trelleborg. Richard subsequently took up the role of EMEA CFO at Gilbarco Veeder-Root, part of the Danaher Corporation, before his most recent post where he spent seven years as the CFO of the Cellular Foam Division of the Vita Group (formerly British Vita plc) under TPG private equity ownership where he was involved in developing and executing strategy covering restructuring, reorganisation, ERP implementation, footprint expansion and business disposals.

Richard commented: “I am a strong supporter of engineering and manufacturing businesses, and was really attracted to the role at Norgren because of their unique ethos of creating Engineering Advantage for their customers. It’s a diverse and exciting company with a strong management team, clear and well-articulated vision, and a talented and engaging pool of product designers and engineers in place.

With the global support of the wider IMI Group, the company is strongly positioned for further growth and success in all of its key sectors – rail, commercial vehicle, food & beverage, life sciences, energy and industrial automation – and I look forward to using my own experience to help take the company forward.”

Richard lives near Chipping Norton in Oxfordshire.

For further information on the products and services of Norgren, visit
www.norgren.com/uk/
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