London, United Kingdom (March 20, 2023) – Pentair has recently appointed Jerome Pedretti to be its new CEO.
Executive Vice President and Chief Executive Officer for its Pool segment and Greg Claffey
Group President of Pool.
Claffey and Pedretti share a common commitment to expanding the support pool.
Professionals who deliver innovation excellence and accelerate category growth with smart
Sustainable products and solutions to the future pool industry. Making it easier to do business in the future with Pentair.
“Our Dealer Base in Pool is important to our company, and we strive every day to be a ‘Customer Leader.
Jerome Pedretti stated, “First’ mindset and become closer with our customers.” “These dealers –
Our success is dependent on pool builders, service businesses, and small retailers. We are laser-focused
We place importance on our customers’ needs and deliver for them into the future.”
“Our vision is centered on our network of pool professionals, channel partners and dealers.
Greg Claffey said, “For the future.” “We are confident that 2023 will be a great Year as we continue to work.
Innovative and efficient pool solutions that are more sustainable for people to enjoy.
water.”
PENTAIR
Pentair helps the world to sustainably move, improve, and enjoy water. It is life’s most important resource. Pentair’s water solutions are designed to help people and the planet thrive, whether they be residential or industrial.
Pentair reported revenue of $4.1 billion in 2022, and trades on the ticker symbol PNR. We have approximately 11250 employees around the globe, serving customers in over 150 countries. Visit www.pentair.com to learn more. Pentair, a market leader in pool and spa technology, is committed to making pool experiences more enjoyable. We offer a range of connected, efficient and high quality products that allow people to enjoy the wonder-filled moments in their pool. This gives them the time and peace of mind to design them. Pentair pool solutions are designed to filter, clean, and sanitize the water. Automation equipment makes it simple to automate.
Control from anywhere. For more information, please visit pentair.com/pool.
A SUSPECT CONCERNING FORWARDLOOKING STATEMENTS
This release contains forward-looking statements, as defined by the Private Securities Litigation Reform Act (1996). Forward-looking statements include all statements other than historical facts. Forward-looking statements include statements that are preceded by or follow the words “targets”, “plans,” or “believes,” or which contain the words “targets,” or “believes,” or “intends,” or those that include the words: “targets,” or “plans,” or “believes,” or “expects,” or “intends,” or any words or phrases that include the words or phrases “targets,” or “could,” or “could,” or “stratey,” or of the negative thereof,” or other than the statements or statements These statements are forward-looking.
Forward-looking statements do not guarantee future performance. They are subject to uncertainties, risks, assumptions, and other factors that could cause actual results or to differ materially from the ones expressed or implied. These factors include global economic and business conditions that impact our business, including the strength and stability of housing markets, and the effects of sanctions on Russia and Ukraine; supply, demand and logistics; pricing pressures in and around the markets we serve; our ability to realize the benefits of our restructuring plans and cost reduction initiatives.
Transformation program; impact on raw material, logistics, labor costs, and inflation; volatility of currency exchange rates; failure to accept new product enhancements or introductions into the market; ability to identify, finance and complete acquisitions; risks associated operating foreign businesses; seasonality of sales; compliance with laws and regulations; impact of laws, regulations, and administrative policy; the consequences of changes in laws, regulations, and administrative policy; the outcome and impact of any amendments in laws, regulations, and administrative policies, including those that impact trade agreements, tariffs,
and governmental proceedings; as well as the ability to reach our long-term strategic operational and ESG goals. These and other factors are discussed in our filings with U.S Securities and Exchange Commission (“the “SEC”), which include our Annual Report on Form 10K for the year ending December 31, 2022. Forward-looking statements and financial forecasts are made only as of the date this release was issued. Pentair disclaims any obligation and assumes no obligation to update this release.
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