Rockwell Automation Announces CEO Keith Nosbusch to Become Chairman, Don Davis to Retire
MILWAUKEE (Dec. 1, 2004) Rockwell Automation, Inc. (NYSE: ROK) announced today that its board of directors has elected President and Chief Executive Officer Keith D. Nosbusch as chairman of the board, to take effect following the company's annual shareowners meeting on Feb. 2, 2005. Nosbusch, 53, succeeds Don H. Davis who will retire after a 42-year career with the company. "Since Keith became CEO in February, he has demonstrated that he is exceptionally well qualified to lead our company and is intensely dedicated to helping our customers succeed," said Davis. He also heads a management team as good as there is. With Keith at the helm, I am confident that Rockwell Automation will deliver significant value for our shareholders, customers and employees in the years ahead." "Thanks to Dons leadership, Rockwell Automation has never been better positioned to meet the needs of our customers," said Nosbusch. "We will continue to focus on executing our balanced strategy of continued innovation in our product and service portfolio, expansion of our served markets and geographic reach, and commitment to lean enterprise management."Nosbusch began his career in 1974 when he joined Allen-Bradley (acquired by Rockwell in 1985) as an application engineer. He was promoted to increasingly responsible positions leading to his appointment as president of Rockwell Automation Control Systems in November 1998 and to president and CEO this past February. 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 on the board of numerous industry and civic organizations.Davis joined Allen-Bradley in 1963 as an engineering sales trainee. He moved up through the sales and marketing ranks and was named president of Allen-Bradley in 1989 and president of Rockwell International in 1996, CEO in 1997 and chairman in 1998. Davis sits on numerous educational, civic and corporate boards, and has received dozens of awards of distinction.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, Dodge mechanical power transmission products, Reliance motors and drives, and Rockwell Software factory management software. Headquartered in Milwaukee, Wisconsin, the company employs about 20,000 people serving customers in more than 80 countries. Visit us on the web at www.rockwell.com.
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