Franklin Electric Co., Inc. Announces Board Changes
May 07, 2021 at 09:30 am EDT
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Franklin Electric Co., Inc. announced that David T. Brown has retired as a director of the company effective May 7, 2021 having reached the maximum Director age limit established by the Company’s by-laws. Mr. Brown has served as a director since 2008 and has contributed immeasurably to the success of the Company through his vast experience and vision. Alok Maskara has been elected to be a director of the Company effective May 7, 2021. Mr. Maskara has been the Chief Executive Officer of Luxfer Holdings PLC since July 1, 2017. Thomas R. VerHage was appointed Lead Independent Director succeeding Mr. Brown. Mr. VerHage has been a member of the Board since 2010.
Franklin Electric Co., Inc. designs, manufactures and distributes water and fuel pumping systems, composed primarily of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. The Companyâs water pumping systems move fresh and wastewater to the residential, agricultural and other industrial end markets. The Company's segments include Water Systems, Fueling Systems, and Distribution. Water Systems produces and markets water pumping systems and is a technical service for submersible motors, pumps, drives, electronic controls, water treatment systems, and monitoring devices. The Fueling Systems segment designs, manufactures and sells pumps, motors, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices and related parts and equipment primarily for use in fueling system applications. The Distribution segment operates as a collection of wholly owned groundwater distributors known as the Headwater Companies.
FRANKLIN ELECTRIC CO., INC. 
