Hubbell Incorporated Announces Retirement of John G. Russell as Board of Director
January 30, 2024 at 04:31 pm EST
Share
Hubbell Incorporated announced on January 24, 2024, John G. Russell notified the company of his intention to retire and not stand for reelection upon the expiration of his term as a director at Hubbell?s 2024 Annual Meeting of Shareholders. Mr. Russell?s decision to not stand for reelection to the board of directors did not result from any disagreement with Hubbell.
Hubbell Incorporated specializes in the design, manufacture and distribution of equipment used in the transmission of electricity. Net sales break down by family of products as follows:
- equipment for electricity distribution networks (60.7%): switches, surge arresters, insulators, bushings, fastening and insulation systems, sensors, transformers, disconnectors, meters, devices for underground installations, equipment for power lines and poles, etc.;
- equipment for electrical installations (39.3%): switches, recharging stations, relays, fittings, contactors, sockets, resistors, wall plates, boxes, lighting systems, cable management systems, control panels, etc. used in the industrial, residential, IT, hospital, energy, telecommunications and other sectors.
At the end of 2023, Hubbell Incorporated has 52 production sites worldwide.
The United States accounts for 91.6% of net sales.
HUBBELL INCORPORATED 
