– IRELAND, Dublin – Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced the election of Kirk Hachigian as its next Chairman, effective Jan. 1, 2023, to succeed David Petratis who is retiring from the role as of Dec. 31, 2022.
About Kirk S. Hachigian
Kirk Hachigian has served as a member of the board since Allegion became a standalone company in 2013, currently serving as the lead director. He also chairs the Corporate Governance and Nominating Committee, a role he will keep as chairman of the board.
In addition, Kirk Hachigian serves on the board of directors at Paccar Inc. and NextEra Energy, Inc. He previously served as chairman of the board at JELD-WEN and was a board member at Cooper Industries Plc. as well as Trane Inc. At JELD-WEN and Cooper Industries, Hachigian also held the roles of president and CEO, lending to his successful track record of creating value for shareholders.
“I’m honored to serve as the next chairman and very proud of what we have created at Allegion,” said Kirk Hachigian. “On behalf of the board, I want to share our gratitude to Dave for guiding the vision and culture for nearly a decade. Today, Allegion is a strong company with a resilient team, thanks, in large part, to your passion and dedication.”
About Allegion
Allegion is a global pioneer in seamless access, with leading brands like CISA, Interflex, LCN, Schlage, SimonsVoss and Von Duprin. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $2.9 billion in revenue in 2021, and its security products are sold around the world.
For more information: https://www.allegion.com/
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