Market Overview

Nortek Appoints Michael J. Clarke as President and CEO

Nortek, Inc. (NYSE: NTK) announced today that it has appointed Michael J. Clarke as its President and Chief Executive Officer effective December 30, 2011. He will also become a member of the Nortek Board of Directors. As previously announced, Nortek began an extensive search process to replace longtime CEO Richard Bready upon his retirement. The Board of Directors selected Mr. Clarke based on his 25 years of relevant experience driving growth in both revenue and profitability within the technology and industrial sectors.

He most recently served as Group President, Integrated Network Solutions at Flextronics International, Ltd., a publicly traded, global leader in providing design and electronics manufacturing services to a wide range of end markets. Interim CEO J. David Smith will return to his role as a member of Nortek's Board of Directors.

Posted-In: News Management

 

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