Michael Mahan Joins Modine as President, Commercial HVAC
Modine (NYSE: MOD) announced that Michael Mahan has joined the company as President of its newly formed Commercial HVAC (CHVAC) segment.
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Rhea-AI Summary
Modine (NYSE: MOD) announced that Michael Mahan has joined the company as President of its newly formed Commercial HVAC (CHVAC) segment. He will lead heating, ventilation, air conditioning, and heat transfer solutions for commercial, industrial, and aerospace markets, reporting into Modine’s leadership.
Mahan brings over 20 years of experience, including serving as President of Crane Payment Innovations, senior executive roles at Schneider Electric, and leadership positions at former GE companies. He holds a mechanical engineering degree from Worcester Polytechnic Institute and an MBA from the University of Connecticut.
Details
News Market Reaction – MOD
On Jul 14, the first trading day after this news, MOD closed 2.01% below the previous close.
Data tracked by StockTitan Argus for the Jul 14 session.
Key Figures
- Industry experience
- more than 20 years
- Career experience of incoming Commercial HVAC president
Historical Context
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Record Q4 and fiscal 2026 results with strong data center demand.
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Landmark long-term capacity agreement exceeding $4 billion through 2029.
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Scheduled fourth quarter and fiscal 2026 earnings call and webcast.
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Planned participation in Oppenheimer industrial growth investor conference.
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Creation of standalone Data Centers segment and promotion of new segment president.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"I'm excited to welcome Michael to Modine as the leader of our CHVAC segment," said Modine President and Chief Executive Officer, Neil D. Brinker. "His extensive background positioning businesses as industrial technology leaders aligns with our strategic objectives for the CHVAC segment, making him exceptionally well-suited to lead the organization to new levels of performance and growth."
Mr. Mahan brings more than 20 years of experience to this role, most recently serving as President, Crane Payment Innovations, a publicly reported segment of CraneNXT. Prior to that, he held senior executive roles leading multi-billion-dollar global businesses at Schneider Electric. Before joining Schneider Electric, he held executive roles of increasing responsibility at former GE companies. Mr. Mahan holds a bachelor's degree in mechanical engineering from Worcester Polytechnic Institute and an MBA from the University of
About Modine
For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 13,000 employees worldwide, our businesses advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use 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 modine.com.
Investor Contact:
Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com
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SOURCE Modine
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