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Pentair Chairman and CEO Randall J. Hogan Named Among "100 Best-Performing CEOs in the World" by Harvard Business Review
10.14.2014


MANCHESTER, United Kingdom - October 14, 2014 - Harvard Business Review (HBR) has recognized Pentair Chairman and CEO Randall J. Hogan as one of its "100 Best-Performing CEOs in the World" for 2014. The list, which appears in the November issue of the magazine, offers the only ranking of global CEOs' performance over their entire tenure. This is Mr. Hogan's first appearance on the list, ranking 68th based on the publication's evaluation of global CEOs.

To create the list, HBR looked at CEOs of the S&P Global 1200 who assumed their role between 1995 and April 30, 2012 - all told, 832 current CEOs in 30 countries around the world. For each executive, HBR looked at three metrics: industry-adjusted shareholder returns, country-adjusted shareholder returns, and increase in market capitalization over each CEO's tenure.

In addition, HBR worked with the Reputation Institute, which ranks global companies annually according to how positively they are regarded, to reorder the list. Its RepTrak methodology has respondents rate companies on seven dimensions-products and services, innovation, workplace, governance, citizenship, leadership, and performance-and then calculates a score of 0 to 100 for each. Pentair and Mr. Hogan ranked 63rd with a score of 69.87 out of 100.

Mr. Hogan was named Pentair's chief executive officer in 2001 and was appointed chairman in 2002. He first joined Pentair in 1998 as executive vice president and president of the Enclosures Group (now known as Pentair Technical Solutions). Under Mr. Hogan's leadership  the company has transformed, moving from a holding company to an operating company, divesting its power tools business and changing course to move even further into the water sector. In 2012, Mr. Hogan led the company through a $10 billion all-stock merger with Tyco International's Flow Control business. The merger significantly increased Pentair's global presence, offering broad solutions to address the world's biggest needs in food, water, and energy. Both organizations brought complementary capabilities to the merger which resulted in a new Pentair with strengthened fluid process solutions; extended water offerings; advanced thermal and technical capabilities; and enhanced global growth potential.

The complete list of the "Best-Performing CEOs in the World" can be found in the November 2014 issue of Harvard Business Review and online at http://hbr.org/2014/11/the-best-performing-ceos-in-the-world/ar/1.

About Pentair plc
Pentair plc (www.pentair.com) delivers industry-leading products, services, and solutions for its customers' diverse needs in water and other fluids, thermal management, and equipment protection.  With 2013 revenues of $7.5 billion, Pentair employs approximately 30,000 people worldwide.

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Pentair contact:
Rebecca Osborn
Senior Manager, External Communications
Tel: +1 763 656 5589
Email: rebecca.osborn@pentair.com


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