Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Emerson Electric    EMR

EMERSON ELECTRIC (EMR)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Emerson : Announces Retirement of Ed Purvis, Chief Operating Officer; Steve Pelch Appointed to Role

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 12:34am CEST

Emerson (NYSE: EMR) today announced the retirement of Chief Operating Officer (COO) Ed Purvis after 34 years with the company. His retirement is effective December 31, 2017. Steve Pelch, currently executive vice president of organization planning and development, will succeed Purvis as executive vice president and COO of the company, effective January 1, 2018.

Purvis, who began his career with Emerson in 1983 as a product planner with Copeland Corporation, quickly took on numerous roles of increasing responsibility. Prior to being named COO in 2015, he served nearly seven years as executive vice president and business leader of Emerson Climate Technologies, now Emerson Commercial and Residential Solutions.

“I want to thank Ed for his outstanding leadership, dedication and friendship over the years,” said Chairman and Chief Executive Officer David N. Farr. “He has played a vital role in helping Emerson become the company it is today – the organization would not be the same without his leadership and unwavering dedication to delivering the best to our customers. He played an important role in our successful repositioning efforts during the last three years. I wish him well in his retirement.

Farr added: “I would also like to congratulate Steve on his new role. He began his career as an applications engineer in our Automation Solutions business and then spent 17 years in a variety of business unit leadership roles across the U.S. and in Asia. For the last 13 years, he has held corporate roles in strategic planning, human resources and organizational planning and development. I have full confidence that he is well-equipped for the job and I know firsthand his steadfast commitment to making Emerson its best. I look forward to continuing to work with him as we grow this company.”

Pelch holds a bachelor’s degree in Mechanical Engineering from the University of Missouri and an MBA from the University of South Carolina.

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EMERSON ELECTRIC
04/23EMERSON : Adds Support for the Google Assistant to Award-Winning Sensi Smart The..
BU
04/20GLOBAL UPS SERVICES MARKET 2018- ACT : 9strategy.biz added a depth and professio..
AQ
04/20EMERSON ELECTRIC : Blog Exposure - Emerson Expands its Professional Tools Busine..
AC
04/19EMERSON ELECTRIC : survey shows contractors are focused on navigating industry r..
AQ
04/19EMERSON ELECTRIC : to Acquire Tools, Test Equipment Business From Textron to Cre..
AQ
04/19NEWS ARTICLE : Craft brewery drives success with process automation swap
PU
04/18EMERSON ELECTRIC : to Buy Textron Unit for $810 Million -- Deal Digest
DJ
04/18EMERSON : to Acquire Tools and Test Equipment Business from Textron to Create Le..
BU
04/18EMERSON ELECTRIC : Regulations Bring Opportunities and Concerns to Contractors
PU
04/16NEWS ARTICLE : Digital Transformation = Business Transformation
PU
More news
News from SeekingAlpha
04/23Stanley Black & Decker Looks Undervalued, But Growth And Margins Are Decelera.. 
04/23Roper Technologies Comes Through Again 
04/23Honeywell Offers Attractive Leverage To Multiple Healthy Markets 
04/23RETIREMENT STRATEGY : Waiting For Some Good Buys? Here Are A Few 
04/21THE PASSIVE DGI CORE PORTFOLIO : Income, Safety, And Growth 
Financials ($)
Sales 2018 17 121 M
EBIT 2018 3 049 M
Net income 2018 1 996 M
Debt 2018 1 776 M
Yield 2018 2,79%
P/E ratio 2018 22,40
P/E ratio 2019 19,60
EV / Sales 2018 2,71x
EV / Sales 2019 2,54x
Capitalization 44 566 M
Chart EMERSON ELECTRIC
Duration : Period :
Emerson Electric Technical Analysis Chart | EMR | US2910111044 | 4-Traders
Technical analysis trends EMERSON ELECTRIC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 71,7 $
Spread / Average Target 2,6%
EPS Revisions
Managers
NameTitle
David N. Farr Chairman & Chief Executive Officer
Edward L. Monser President
Steven J. Pelch Chief Operating Officer & Executive Vice President
Frank J. Dellaquila Chief Financial Officer & Senior Executive VP
Jake Fritz Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
EMERSON ELECTRIC0.30%44 566
KEYENCE CORPORATION-1.67%71 717
SCHNEIDER ELECTRIC SE6.35%53 232
NIDEC CORPORATION3.32%46 485
DAIKIN INDUSTRIES, LTD.-6.35%35 001
EATON CORPORATION PLC0.06%34 802