RALEIGH, NC–(BUSINESS THREAD)–Vontier Corporation (“Vontier”) (NYSE: VNT) today announced the appointment of Anshooman Aga as Chief Financial Officer, effective August 29, 2022. Mr. Aga succeeds David Naemura, who will remain with the company until the end of the year and work closely with Aga and other members of the executive team to facilitate a seamless transition.
“Anshooman is a seasoned CFO with special expertise driving growth and transformation in industrial and technology-oriented companies,” said Mark D. Morelli, Vontier’s president and CEO. “His deep financial acumen, history of strategic capital allocation and extensive experience in the mobility technology markets will help drive continued financial performance for both Vontier and our shareholders. We are pleased to give the We welcome Anshooman to Vontier’s leadership team and look forward to his immediate contribution as we continue to accelerate our strategy to build a better, stronger and more focused growth portfolio.”
“On behalf of everyone at Vontier, I would like to thank Dave for his many contributions to the company,” Morelli added. “Dave has been instrumental in the separation and launch of Vontier as an independent company and has been an important partner to me over the past two years as we have positioned the company for long-term success” .
Mr. Aga brings over 20 years of experience in operational finance, financial planning and analysis and corporate development, has a proven track record of driving growth and has led numerous transformations throughout his career. Most recently, he served as Senior Vice President and Chief Financial Officer (CFO) of Harsco Corporation (NYSE: HSC) from August 2021 to August 2022. Prior to joining Harsco Corporation, Mr. Aga was executive vice president and financial director (CFO) of Cubic Corporation. He joined Cubic in July 2017 as Executive Vice President and assumed the role of CFO in October 2017. In this role, Mr. Aga was responsible for all aspects of Cubic’s financial strategies, processes and operations, including corporate development, risk management and investor relations. , real estate and global manufacturing, procurement and IT. Before joining Cubic, Mr. Aga worked at AECOM, a multinational engineering company (NYSE: ACM) from June 2015 to July 2017, where he was Senior Vice President and CFO of its multibillion-dollar design and consulting services business. in the Americas. He also held a number of financial leadership positions at Siemens, a multinational industrial manufacturing company, from July 2006 to May 2015, including CFO of the power automation business based in Nuremberg, Germany, in addition of similar financial functions for Siemens’ Rail. Electrification and TurboCare business units.
Vontier is a global industrial technology company at the forefront of solving next-generation mobility and transportation challenges. Guided by the Vontier Business System and an unwavering commitment to our customers, Vontier offers smart and sustainable solutions to create a better world.
This release contains forward-looking statements within the meaning of federal securities laws. These statements include, but are not limited to, statements about Vontier Corporation’s (the “Company”) business and acquisition opportunities and anticipated earnings, and any other statements identified by the use of words such as “anticipate,” “hope”, “believe”. “prospect”, “guidance” or “will” or other words of similar meaning. There are a number of important risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by these forward-looking statements, and you should not place undue reliance on these forward-looking statements. These risks and uncertainties include, among other things, the duration and impact of the ongoing COVID-19 pandemic, the deterioration or instability of the economy, the markets we serve, international trade policies and financial markets, contractions or lower growth rates and cyclicality. of the markets we serve, competition, changes in industry standards and government regulations that may adversely affect the demand for our products or our costs, our ability to successfully identify, consume, integrate and perform the expected value of appropriate acquisitions and successful divestitures and other dispositions. , our ability to successfully develop and commercialize new products, software and services and expand into new markets, the potential for misconduct by our employees, agents or business partners, impact of divestitures, contingent liabilities related to acquisitions and divestitures , impact of changes. to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks related to economic, political, international war or hostility, legal, compliance and business factors, risks related to the potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities, including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks related to product, service or product defects software, product liability and recalls, product manufacturing risks, our relationships and the performance of our companies channel issues, commodity costs and surcharges, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, security breaches or other disruptions to our technology information and systems, adverse effects of restructuring activities, impact of changes to US GAAP, labor matters and disruptions related to natural and man-made disasters. Additional information regarding factors that could cause actual results to differ materially from these forward-looking statements is available in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, December 2021. These forward-looking statements represent Vontier’s beliefs and assumptions only as of the date of this release and Vontier undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, events and future developments or otherwise.