Rockwell Automation Announces New Chief Monetary Officer | Enterprise & Finance

Nicholas Gangestad (Photograph: Small business Wire)

Gangestad joins Rockwell soon after a prolonged vocation with 3M, wherever he most not long ago served as the company’s main money officer and oversaw all elements of the money firm which include compliance, fiscal setting up, treasury, and tax. Right before his marketing to CFO in 2014, Gangestad served as 3M’s main accounting officer, company controller, and also held world-wide financial management roles overseeing teams and acquiring expertise in Canada, Latin The usa, and Asia Pacific.

“Nick’s leadership knowledge, robust finance track record, and deep understanding of our industrial clients will assist Rockwell Automation drive its strategic vision and speed up financially rewarding advancement,” Moret stated. “We are thrilled to welcome him to a dynamic management workforce centered on generating exceptional purchaser and shareowner value.”

“It’s an honor to develop into section of the Rockwell group. They have previously completed so a great deal as a chief in industrial automation and I’m pretty enthusiastic to be signing up for at a time when application is starting to be an ever more crucial portion of the company,” Gangestad stated. “I’m energized by Rockwell’s folks, its mission, and its methods to enhance productiveness and sustainability for its prospects. I look ahead to performing with the Rockwell workforce in accomplishing its eyesight for the potential.”

Gangestad received an undergraduate diploma from Augsburg University in Minneapolis and an MBA from the College of Minnesota.

Gangestad replaces Steve Etzel, who has served as interim CFO given that November 2020. Etzel is a 30-12 months business veteran who postponed his earlier declared retirement to fill the interim role. He will retire in 2021 just after a changeover period.

“Steve Etzel’s constant, thoughtful contributions to Rockwell and our stakeholders have been effectively-acknowledged for numerous years. His willingness to move up for the duration of our CFO transition has been particularly appreciated,” said Moret. “The board and I want him and his household the really very best in his retirement.”

About Rockwell Automation

Rockwell Automation Inc. (NYSE: ROK), is a world-wide chief in industrial automation and electronic transformation. We join the imaginations of men and women with the potential of technological know-how to increase what is humanly probable, generating the entire world far more effective and a lot more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 23,500 problem solvers devoted to our clients in a lot more than 100 nations around the world. To discover additional about how we are bringing the Related Enterprise to everyday living throughout industrial enterprises, check out www.rockwellautomation.com.

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Resource: Rockwell Automation, Inc.

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PUB: 02/16/2021 07:00 AM/DISC: 02/16/2021 07:01 AM