Former Aker Solutions Leader Brings Strong Global Industry,
Operations and General Management Experience
BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 5, 2015--
CIRCOR
International, Inc. (NYSE: CIR), a leading provider of valves and
other highly engineered products for markets including oil & gas, power
generation and aerospace & defense, today announced that Erik Wiik will
join the Company as Group President—CIRCOR Energy effective March 5,
2015. Mr. Wiik currently is the Executive Vice President and Regional
President of Aker Solutions North America. Mr. Wiik has had an
impressive 24-year career at Aker where he held positions of increasing
leadership responsibility managing groups of businesses delivering
advanced subsea technology to the oil and gas industry around the world.
He replaces Wayne Robbins who is retiring.
CIRCOR Names Erik Wiik President of CIRCOR Energy (Photo: Business Wire)
Scott Buckhout, President and Chief Executive Officer of CIRCOR
International commented, “Erik brings with him a wealth of experience
within the energy market. I am confident that he brings the right mix of
commercial savvy and operational excellence. He will be a strong
addition to our senior leadership team.”
“I also would like to thank Wayne Robbins for his years of dedicated
service to CIRCOR and wish him well in his retirement,” concluded
Buckhout.
Wiik said, "CIRCOR is a company with strong product brands in good end
markets providing a great platform for strong growth. I look forward to
joining the Company and working with the people in CIRCOR Energy to
develop its full potential within the energy markets.”
About CIRCOR International, Inc.
CIRCOR International, Inc. designs, manufactures and markets valves and
other highly engineered products for markets including oil & gas, power
generation and aerospace & defense. CIRCOR has a diversified product
portfolio with recognized, market-leading brands that fulfill its
customers’ unique application needs. The Company’s strategy is to grow
organically and through complementary acquisitions; simplify CIRCOR’s
operations; achieve world class operational excellence; and attract and
retain top industry talent. For more information, visit the Company’s
investor relations web site at http://investors.circor.com
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Reliance
should not be placed on forward-looking statements because they involve
unknown risks, uncertainties and other factors, which are, in some
cases, beyond the control of CIRCOR. Any statements in this press
release that are not statements of historical fact are forward-looking
statements, including, but not limited to, those relating to CIRCOR’s
future performance. Actual events, performance or results could differ
materially from the anticipated events, performance or results expressed
or implied by such forward-looking statements. BEFORE MAKING ANY
INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO
READ THE SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL
REPORT ON FORM 10-K AND SUBSEQUENT REPORTS ON FORMS 10-Q, WHICH CAN BE
ACCESSED UNDER THE "INVESTORS" LINK OF OUR WEBSITE AT WWW.CIRCOR.COM.
We undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150205005695/en/
Source: CIRCOR International, Inc.
CIRCOR International
Rajeev Bhalla, 781-270-1200
Executive
Vice President & Chief Financial Officer