General Motors executive Diana Tremblay and manufacturing industry
executive Frank Jaehnert to join board, Graham Wilson retires
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services
company dedicated to the resourceful use of energy and water, announced
today the appointment of Diana Tremblay, vice president of Global
Business Services at General Motors (GM) Company, and Frank Jaehnert,
former president and chief executive officer of Brady Corporation, to
its board of directors effective June 1, 2015. In addition, Graham
Wilson retired from the board effective May 8, 2015.
Tremblay brings nearly 40 years of manufacturing experience to the
position. She has been with GM since 1977, during which time she has
held a variety of positions in engineering, manufacturing and labor
relations. Most recently, as leader of GM's newly formed Global Business
Services, she is charged with streamlining administrative processes to
improve service quality, reduce complexity and achieve cost efficiencies
of more than 30 percent by 2017.
Jaehnert served as president and chief executive officer of Brady
Corporation, the $1.2 billionMilwaukee-based global manufacturer of
industrial identification and specialty coated material products, from
2003 to 2013. Jaehnert brings 20 years of experience working at a public
company where he played a key role in the company's growth via
acquisitions, completing some 30 strategically synergistic acquisitions
that expanded Brady's global reach.
"Diana Tremblay and Frank Jaehnert are both ideal candidates for Itron's
board of directors, bringing diverse experience and fresh perspectives
to the board. We look forward to benefiting from Diana's wealth of
knowledge in manufacturing and Frank's depth of experience growing an
international company," said Jon Eliassen, chairman of Itron's board of
directors.
"In anticipation of a number of upcoming board retirements, we have been
engaged in very proactive and thoughtful succession planning as we
refresh our board. I would like to acknowledge and thank Graham Wilson
for his many years of service on the board and welcome Diana and Frank,"
added Eliassen.
"As Itron continues to focus on adding business value through software
and services, Diana will bring tremendous insights and expertise to our
company with her strong manufacturing background and experience with
GM's services business. We will greatly benefit from Frank's global
experience and expertise in strategic acquisitions as we continue to
explore growth opportunities," said Philip Mezey, Itron's president and
chief executive officer.
About Itron
Itron is a world-leading technology and services company dedicated to
the resourceful use of energy and water. We provide comprehensive
solutions that measure, manage and analyze energy and water. Our broad
product portfolio includes electricity, gas, water and thermal energy
measurement devices and control technology; communications systems;
software; as well as managed and consulting services. With thousands of
employees supporting nearly 8,000 customers in more than 100 countries,
Itron applies knowledge and technology to better manage energy and water
resources. Together, we can create a more resourceful world. Join us: www.itron.com.
Itron, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Corporate Marketing and Public Affairs
sharelynn.moore@itron.com
Source: Itron, Inc.
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