Crane Co. Elects New Director
STAMFORD, Conn.--(BUSINESS WIRE)--
Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered
industrial products, announced that its Board of Directors elected Peter
O. Scannell as a Director of Crane Co. effective December 7, 2015.
Mr. Scannell founded Rockwood Service Corporation in 1990 and has been
its Chief Executive Officer since that time. Rockwood Service
Corporation is a holding company of testing and testing technology
businesses. Rockwood companies include Acuren (industrial nondestructive
testing and related services) and Sperry Rail (rail flaw detection
Mr. Scannell also founded and continues as Chairman of the Board of Kane
Holding Companies, Erie, PA. He previously served on the Board of
Directors of Genesee & Wyoming, Darien, CT, from 2002 to 2011.
R. S. Evans, Chairman of the Board, stated: "Peter Scannell is a
successful businessman who has built an impressive company through
acquisitions and investments in the United States and internationally.
With his financial and operations expertise and acquisition experience,
Peter will bring valuable insights to the Crane Co. board. We are very
pleased that he has agreed to join our Board of Directors."
Crane Co. is a diversified manufacturer of highly engineered industrial
products. Founded in 1855, Crane provides products and solutions to
customers in the hydrocarbon processing, petrochemical, chemical, power
generation, unattended payment, automated merchandising, aerospace,
electronics, transportation and other markets. The Company has four
business segments: Fluid Handling, Payment & Merchandising Technologies,
Aerospace & Electronics and Engineered Materials. Crane has
approximately 11,500 employees in the Americas, Europe, the Middle East,
Asia and Australia. Crane Co. is traded on the New York Stock Exchange
(NYSE:CR). For more information, visit www.craneco.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151209006475/en/
Jason D. Feldman, 203-363-7329
Source: Crane Co.
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