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SOURCE Nortek, Inc.
PROVIDENCE, R.I., Jan. 13, 2014 /PRNewswire/ -- Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative, technology-driven products and solutions for residential and commercial applications, today announced the appointment of Andrew Bonham as group president of its Residential Ventilation (RESV) segment. Bonham replaces David Pringle, who recently retired from the company.
Bonham joins Nortek with 30 years of manufacturing, sales, marketing and e-business experience in leadership positions at large international companies, including GE, Allied Signal and Invensys plc. Over the course of his career he has opened manufacturing facilities in India, Saudi Arabia, Panama, Colombia, China and Vietnam. He also has completed acquisitions in Brazil, Belgium, China, Australia and the United States.
"Andrew's professional and life experiences make him the right leader at the right time for our RESV business and the ideal candidate to replace such a respected and successful group president as Dave Pringle has been," said Nortek President and Chief Executive Officer Michael J. Clarke. "Andrew is a growth-focused Six Sigma disciple who likes to solve problems with input from his team, and a well-rounded executive who is highly regarded by employees, colleagues and customers alike. We enthusiastically welcome him to the Nortek team."
Since 2005 Bonham had been with W.R. Grace, where he was most recently president of Grace Construction Products, a $1.1 billion division focused on the heavy building materials and construction chemicals sectors with operations in 45 countries. He holds a Bachelor of Science degree in Mechanical Engineering from Virginia Polytechnical Institute and State University and a Master of Business Administration degree from Averett University.
About the Residential Ventilation Segment
Nortek's Residential Ventilation segment is a world-leading supplier of range hoods, ventilation fans and indoor-air-quality products with operations in the United States, Canada, Mexico, China, Italy and Poland. Its products are sold under the Broan®, Nutone®, Venmar®, Best® and Zephyr® brand names, among others.
Nortek* is a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. The Company's broad array of offerings includes audio/video and security solutions, digital display mounting solutions, ventilation products such as range hoods and bathroom fans, heating and cooling products, and air management systems.
*As used herein, the term "Nortek" refers to Nortek, Inc., together with its subsidiaries, unless the context indicates otherwise. This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs.
Vice President, Strategy and Investor Relations
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