Welcome to our dedicated page for Hubbell news (Ticker: HUBB), a resource for investors and traders seeking the latest updates and insights on Hubbell stock.
Hubbell Incorporated reports developments tied to its utility and electrical solutions business, including products used in power lines, substations, and commercial and industrial buildings. Recurring updates cover operating results, demand in utility transmission and distribution markets, Grid Infrastructure products, and activity in the Electrical Solutions segment serving markets such as datacenters and light industrial applications.
Company news also includes regular dividend declarations, investor conference participation, acquisition-related announcements, and management commentary on pricing, productivity, cost inflation, restructuring investment, and growth initiatives across Hubbell's infrastructure-focused portfolio.
The Board of Directors of Hubbell Incorporated (NYSE: HUBB) has appointed Lieutenant General Rhett A. Hernandez (U.S. Army, Retired) as a Director, effective March 1, 2021. Mr. David G. Nord, Executive Chairman, expressed enthusiasm over Hernandez's extensive experience in cybersecurity and leadership, highlighting his strategic insights as beneficial to Hubbell's goals. Hernandez, founder of CyberLens, LLC, brings a robust military background and serves on multiple boards, further enhancing the board's diversity. Hubbell, a manufacturer of electrical and utility solutions, reported revenues of $4.2 billion in 2020.
The Board of Directors of Hubbell declared a quarterly dividend of $0.98 per share on its common stock. This dividend will be paid on March 15, 2021, to shareholders recorded by February 26, 2021. Hubbell, a manufacturer of electrical and utility solutions, reported $4.6 billion in revenues for 2019 and operates globally from its headquarters in Shelton, CT.
Hubbell Incorporated (NYSE: HUBB) will release its third quarter 2020 financial results before market opening on October 27, 2020. Following the results announcement, the company will host a webcast Analysts' Conference Call at 10:00 AM ET. Interested parties can access the press release and call details on Hubbell's website. An audio replay of the conference call will be available via phone and as a podcast shortly after the event. Hubbell reported revenues of $4.6 billion in 2019, operating globally from its headquarters in Shelton, CT.
Hubbell Incorporated (NYSE: HUBB) announces that CEO Gerben Bakker will present at the Morgan Stanley Annual Laguna Conference on September 15, 2020, starting at 1:30 PM ET. The event will be webcast, and audio access is available via Hubbell's Investor Relations page. This information is crucial for stakeholders as it may offer insights into company strategies and future business directions. Hubbell generated $4.6 billion in revenue for 2019 and has manufacturing facilities globally, indicating a strong market presence.
Hubbell Incorporated announced the retirement of CEO David G. Nord effective October 1, 2020. Gerben W. Bakker, previously President and COO, will succeed him as President and CEO. The transition is part of the Board’s succession planning, ensuring continuity with Nord remaining as Executive Chairman until May 2021. Bakker, a 30-year company veteran, brings experience in driving strategic initiatives and post-COVID recovery efforts. The Board praised Nord for his leadership and significant contributions to Hubbell's growth and infrastructure solutions.
Hubbell Incorporated (NYSE: HUBB) has appointed Jennifer M. Pollino as a new Director, effective immediately. The company's Chairman and CEO, David G. Nord, expressed excitement over her extensive experience in finance, operations, and governance, which is expected to provide valuable insights to the Board. Pollino, a certified public accountant, has had a successful career, including two decades at Goodrich Corporation and her current roles on the boards of Crane Co. and Kaman Corporation. Hubbell reported revenues of $4.6 billion in 2019 and operates globally.