A. O. Smith Corporation (NYSE:AOS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On May 18, 2017, A. O. Smith Corporation (“the Company”) announced that Kevin J. Wheeler has been named President and Chief Operating Officer of the Company effective June 1, 2017. Mr. Wheeler joined the Company in 1994 as a regional sales manager and was named senior vice president and general manager of the North America, India and Europe water heating business in 2011. He became president of that business in 2013. As a result, Ajita G. Rajendra, who has been serving as Chairman, President and Chief Executive Officer of the Company, will continue to serve with the title of Chairman and Chief Executive Officer.
A copy of the Company’s news release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Current Report”) and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits
The following exhibit is being filed herewith:
(99.1) News Release of A. O. Smith Corporation, dated May 18, 2017.
About A. O. Smith Corporation (NYSE:AOS)
A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. The Company’s Rest of World segment primarily comprises China, Europe and India. The Rest of World segment supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers. The Company’s North America segment serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and other. Its North America segment also manufactures and globally markets specialty commercial water heating equipment, condensing and non-condensing boilers and water systems tanks. Primarily for Asia, its Rest of World segment also manufactures and markets water treatment products. The Company also markets in-home air purification products in China. A. O. Smith Corporation (NYSE:AOS) Recent Trading Information
A. O. Smith Corporation (NYSE:AOS) closed its last trading session down -0.41 at 53.02 with 556,606 shares trading hands.