Nosbusch elected president and chief executive officer effective after company’s annual meeting. Don Davis to continue role as chairman of the boardMILWAUKEE (Dec. 4, 2003) – Rockwell Automation, Inc. (NYSE: ROK) announced that its board of directors has elected Keith Nosbusch as president and chief executive officer, to take effect following the company’s annual shareowners meeting Feb. 4, 2004. Nosbusch, 52, succeeds Don H. Davis as Rockwell Automation chief executive officer. Davis will continue his role as chairman of the board.“Keith Nosbusch brings leadership, experience, an unmatched passion for excellence, and a demonstrated track record of success to this position,” said Davis. “In a nearly 30-year career at the company, Keith has demonstrated the type of creativity, vitality, management skills, and global market knowledge that make him the ideal leader for Rockwell Automation. In the months to come, I will continue my close collaboration with Keith to ensure a seamless transition for all of our stakeholders.” “I am truly excited about the opportunity to lead this great company into what I am confident is a very bright future,” said Nosbusch. “Rockwell Automation has everything it takes – a talented management team, dedicated employees, technology leadership, financial strength and leading market positions – to continue to prosper in the global industrial automation market. With these strengths, Rockwell Automation is uniquely positioned to continue to create customer and shareowner value. I look forward to working with Don and benefiting from his ongoing counsel,” Nosbusch concluded.Nosbusch began his career in 1974 when he joined Allen-Bradley® as an application engineer and has been promoted to increasingly responsible positions leading to his appointment as president of Rockwell Automation Control Systems in November 1998. Nosbusch earned a bachelor's degree in electrical and computer engineering from the University of Wisconsin-Madison and a master's degree in business administration from the University of Wisconsin-Milwaukee. In addition to Rockwell Automation, Nosbusch serves as a director of the Manitowoc Company, Inc. and serves on the board of numerous industry and civic organizations.This news release contains statements (including certain projections and business trends) accompanied by such phrases as “believes,” “estimates,” “expect(s),” “anticipates,” “will,” “intends” and other similar expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to economic and political changes in international markets where the company competes, such as currency exchange rates, inflation rates, recession, foreign ownership restrictions and other external factors over which the company has no control; demand for the market acceptance of new and existing products, including levels of capital spending in industrial markets; successful development of advanced technologies; competitive product and pricing pressures; future terrorist attacks; epidemics; and the uncertainties of litigation, as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company’s Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Rockwell Automation, Inc. (NYSE: ROK), is a leading global provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. The company brings together leading brands in industrial automation for Complete Automation® solutions, including Allen-Bradley controls and services, Dodgeâ mechanical power transmission products, Relianceâ motors and drives, and Rockwell Softwareâ factory management software. The company also is a provider of contact management technologies and applications that help companies more efficiently manage interaction with their own customers. Headquartered in Milwaukee, Wis., the company employs about 21,500 people serving customers in more than 80 countries.
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