– USA, IN – Franklin Electric Co., Inc. (NASDAQ: FELE) today announced the appointment of Alok Maskara to its Board of Directors, effective May 7, 2021.
The company also announced the appointment of Thomas VerHage, a board member since 2010, as Lead Independent Director succeeding David Brown who has retired from the board effective May 7, 2021.
About Alok Maskara
Mr. Maskara has been the CEO of Luxfer Holdings PLC since July 1, 2017. Mr. Maskara has nearly thirty years of leadership experience in multiple manufacturing and technology industries, including advanced materials, water and flow technologies, and electrical protection. Before joining Luxfer, he was a business segment President at Pentair Plc, a water solutions company, for eight years, where he led businesses of progressively larger sizes. Prior to Pentair, Mr. Maskara was employed by the General Electric Corporation where he gained significant experience in Lean Manufacturing through his leadership of an executive corporate initiative group focused on Lean. He subsequently led a stand-alone business unit in the water industry, which was later acquired by Pentair. Mr. Maskara also worked at McKinsey & Company in both their Chicago and Amsterdam offices. While at McKinsey, he advised businesses on industrial turnarounds and driving growth through customer insights and segmentation.
Mr. Maskara is a co-author of nine patents in advanced materials. He holds an M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University, an M.S. in Chemical Engineering from the University of New Mexico, and a Bachelor of Technology degree in Chemical Engineering from the Indian Institute of Technology, Mumbai.
About Franklin Electric
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.
For more information : https://franklin-electric.com/
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