Emerson Electric (St. Louis): Frank Dellaquila is now senior V.P. and chief financial officer, succeeding Walter Galvin, who has served as CFO for 17 years. Galvin will remain as vice chairman, and Dellaquila will join the Office of the Chief Executive (OCE) and report to David Farr, chairman, CEO and president. Dellaquila, has been a senior V.P. of finance and Emerson’s controller since 2009. He has a bachelor’s degree in accounting from Fordham University and a master’s degree in business administration from Columbia University.
Archive for February 2nd, 2010
Polito Named Chief Marketing Officer at Dialight
Dialight (Farmingdale, N.J.): Daniel Polito is now chief marketing officer. He brings more than 25 years of international marketing management experience to Dialight, including posts as president of the North American operations for Enfis Lighting, an LED lighting technology manufacturer based in the UK; chief marketing officer at Lamina Lighting; vice president of marketing at Environmental Lighting Concepts (ELC), and vice president of marketing at both Thomson/Reuters and The Dun & Bradstreet Corp. He will oversee all areas of the company’s marketing efforts targeting the industrial, commercial, hazardous location, and various infrastructure market and report directly to Dialight CEO Roy Burton.
Federal Signal to Buy RFID Manufacturer
Federal Signal Corp., Oak Brook, Ill., will acquire Sirit Inc., Toronto, a designer, developer, and manufacturer of radio frequency identification (RFID) technology for applications such as tolling, electronic vehicle registration, parking and access control, asset management, cashless payments, and supply chain systems. The transaction has a total equity value of approximately $48 million. Details
GE converts Schenectady campus to renewable energy HQ
A Fox News affiliate in Albany, N.Y., has a piece on the opening of General Electric’s new renewable energy headquarters in Schenectady, N.Y. The plant formerly housed gas turbine production, but after a $45 million makeover has been converted to house the remote operations center for GE Renewable Energy, which monitors the company’s 12,000 wind turbines. A $100 million battery plant for GE Transportation is slated to be built next door in the next few years.