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Mark Bendza Joins Modine Board of Directors

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Modine (NYSE: MOD), a global leader in thermal management technology, has announced the appointment of Mark Bendza to its Board of Directors, effective immediately. Bendza, currently the CFO of Telos , brings extensive experience in finance and international business from his roles at Honeywell International and Northrop Grumman

Bendza will serve on the Audit Committee and stand for election at Modine's 2025 annual meeting. Marsha Williams, Chairperson of Modine's Board, expressed confidence that Bendza's strategic financial leadership experience in technology and manufacturing sectors will be valuable as the company continues its transformation.

Bendza holds an MBA from Columbia Business School and a BA from Wesleyan University. He is also an executive member of the Latino Corporate Directors Association.

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Positive

  • Addition of experienced financial leader to the Board of Directors
  • New board member brings expertise in technology and manufacturing sectors
  • Appointment aligns with company's ongoing transformation efforts

Negative

  • None.

News Market Reaction 1 Alert

-3.95% News Effect

On the day this news was published, MOD declined 3.95%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

RACINE, Wis., Oct. 1, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that Mark Bendza will join the company's Board of Directors effective immediately. Mr. Bendza currently serves as Chief Financial Officer at Telos Corporation, a leading provider of cyber, cloud, and enterprise security solutions for the world's most security-conscious organizations. Prior to joining Telos Corporation as CFO in 2021, he served as the head of investor relations for Honeywell International. Prior to that, he held executive roles in finance and international business at Northrop Grumman Corporation and investment banking roles with global investment banks in the United States and overseas.

"We are very pleased to welcome Mark to the Modine Board," said Marsha Williams, Chairperson, Modine Board of Directors. "Mark's extensive experience serving as a strategic financial leader with publicly traded companies in the technology and manufacturing sectors, both in the United States as well as internationally, will be valuable as we continue to advance our transformation at Modine."

Mr. Bendza holds an MBA in Finance and Economics from Columbia Business School, a Bachelor of Arts in Government from Wesleyan University, and is an executive member of the Latino Corporate Directors Association. Mr. Bendza will serve on the Audit Committee and will stand for election at Modine's 2025 annual meeting of shareholders.

About Modine
At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.

Investor Contact
Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com

Media Contact: pr@modine.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mark-bendza-joins-modine-board-of-directors-302261170.html

SOURCE Modine

FAQ

Who is Mark Bendza and what is his new role at Modine (MOD)?

Mark Bendza is the current CFO of Telos and has been appointed to join Modine's (NYSE: MOD) Board of Directors, effective immediately. He will serve on the Audit Committee.

What experience does Mark Bendza bring to Modine's (MOD) Board of Directors?

Mark Bendza brings extensive experience as a strategic financial leader in publicly traded companies within the technology and manufacturing sectors, both in the United States and internationally. He has held executive roles at Telos , Honeywell International, and Northrop Grumman

When will Mark Bendza stand for election to Modine's (MOD) Board of Directors?

Mark Bendza will stand for election at Modine's 2025 annual meeting of shareholders.

What committee will Mark Bendza serve on in Modine's (MOD) Board of Directors?

Mark Bendza will serve on the Audit Committee of Modine's Board of Directors.
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