Market Overview

Deepak Navnith Named New President of Fairbanks Morse


Fairbanks Morse – an EnPro Industries company (NYSE:NPO) and leading
provider of solutions that are powering the world forward – announced
today that Deepak Navnith has been elevated to the top executive
position within the company. As president, he will establish and lead
the company's visionary approach to delivering world-class power
solutions. Mr. Navnith's new role officially began May 1, 2018, and he
replaced Marvin Riley, who was promoted to chief operating officer of
EnPro Industries.

"Fairbanks Morse has a rich history of developing and manufacturing
industry leading power generation solutions for a range of applications
that power the U.S. Navy and nuclear power plants to a wide range of
critical commercial power generation solutions at hospitals and
municipalities. I'm proud, honored, and humbled to have the opportunity
to lead one of America's truly great companies and serve our customers,"
said Navnith. "I look forward to leading the company into its next 100
years and working with our amazing team to write the next chapter of the
Fairbanks Morse story."

Since 2016, Navnith has served as Fairbanks Morse's vice president of
operations and was responsible for overseeing end-to-end operations for
engineering, supply chain, manufacturing, quality assurance, and overall
operations excellence. Prior to joining Fairbanks, he was an associate
principal for McKinsey & Company, an international management and
consulting firm. In that capacity he led manufacturing and advanced
operations strategy for global clients in the aerospace, automotive, and
hi-tech industries. Earlier in his career, Navnith spent over 10 years
with Toyota in multiple operations leadership capacities and was program
manager for all North American Toyota assembly plants. He received a
Bachelor of Engineering from R. V. College of Engineering in Bangalore,
India, and a Master of Science in manufacturing engineering from
Stanford University in Palo Alto, California.

About Fairbanks Morse Engine

For over 125 years, Fairbanks Morse has been powering the world forward
with innovative distributed power generation solutions that deliver
optimal performance in a wide range of applications from base load and
standby in municipal, nuclear, and institutional facilities to
locomotive engines, and naval and commercial-class ship propulsion and
shipboard power. Reliable and dependable, their flagship Opposed Piston
(OP) engine technology has been trusted for decades and has totaled over
100 million operating hours – many units with over 40 years of service.
Learn more about how Fairbanks Morse is committed to delivering power
where it is needed most in the world by visiting

About EnPro Industries, Inc. (NYSE:NPO)

EnPro Industries, Inc. is a leader in sealing products, metal polymer
and filament wound bearings, components and service for reciprocating
compressors, diesel and dual-fuel engines and other engineered products
for use in critical applications by industries worldwide. For more
information about EnPro, visit

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