GOLDEN VALLEY, Minn., Nov. 20 /PRNewswire-FirstCall/ -- Pentair
(NYSE: PNR) today announced it has named Glynis Bryan to a seat on the Pentair
board of directors. Bryan, 45, is chief financial officer (CFO) of APL
Logistics, the supply-chain management arm of Singapore-based NOL Group, a
$4.7 billion logistics and global transportation business. Bryan will stand
for election by shareholders at Pentair's 2004 shareholders' meeting.
Bryan succeeds William H. Hernandez, 55, senior vice president of Finance
and CFO of Pittsburgh, Pennsylvania-based PPG Industries, Inc., who has
resigned from Pentair's board effective today. Hernandez decided to leave the
Pentair board due to his work load and his recent appointment to the board of
Eastman Kodak Company. Hernandez joined Pentair's board in 2001.
Prior to joining APL Logistics as CFO in 2001, Bryan spent 16 years with
Ryder System, Inc., where she held series of progressively responsible
positions in Finance. In her last assignment, Bryan was senior vice president
of Ryder Capital Services, where she led the development of the firm's capital
services business. In 1999 and 2000, Bryan served as senior vice president and
CFO of Ryder Transportation Services. From 1997 to 1999, she was Ryder's vice
president and treasurer and, in 1996 and 1997, she served as vice president,
International, within Ryder's Integrated Logistics unit. Other positions Bryan
held at Ryder include assistant treasurer; senior planning and analysis
manager; and manager of the Leasing and Services division. Bryan earned a
Master's of Science degree in Finance from Florida International University,
and holds a Bachelor's degree in Psychology from York University in Toronto,
Ontario, Canada.
"Bill Hernandez has played a valuable role on our board during the last
three years, bringing his deep financial experience to bear as a resource in
helping guide the business," said Randall J. Hogan, Pentair chairman and CEO.
"With the addition of Glynis Bryan, we will continue to benefit from a board
that is well-versed in financial matters."
Pentair ( http://www.pentair.com ) is a Minnesota-based manufacturer whose
core businesses compete in tools, water technologies, and enclosures markets.
The company employs 12,500 people in more than 53 locations around the world.
Contact: Mark Cain (763) 656-5278
SOURCE Pentair
CONTACT: Mark Cain of Pentair, +1-763-656-5278