Modine Announces New Chief Information Officer

Rhea-AI Summary

Modine (NYSE: MOD), a global leader in thermal management technology, has appointed Dan Hedstrom as its new Chief Information Officer (CIO) effective October 14, 2024. Hedstrom replaces Steve Langer, who is retiring at the end of the year. In his role, Hedstrom will lead Modine's global IT function and execute the company's digital strategy, focusing on business-aligned IT solutions to optimize performance, enhance productivity, and improve cyber security.

Hedstrom joins Modine from Cubic , where he served as Vice President and CIO since 2018. He brings experience in scaling IT systems to support growth and has a bachelor's degree in Computer Engineering from California Polytechnic State University. Mick Lucareli, Executive Vice President and CFO, expressed confidence in Hedstrom's ability to contribute to Modine's global business strategies.

Positive

• Appointment of experienced CIO with a strong track record in technology leadership
• Focus on business-aligned IT solutions to optimize performance and enhance productivity
• Emphasis on improving cyber security in alignment with corporate strategy

Negative

• None.

RACINE, Wis., Oct. 14, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, is pleased to announce that Dan Hedstrom has joined Modine as Chief Information Officer (CIO) effective today. He takes over from Steve Langer, current Vice President Information Technology, who has announced his plans to retire at the end of this year.

As CIO, Hedstrom will have responsibility for leading Modine's global IT function and executing Modine's digital strategy. He will focus on building business-aligned IT solutions that optimize performance, enhance productivity, and improve cyber security in alignment with overall corporate strategy.

Hedstrom comes to Modine from Cubic Corporation where he worked for 12 years in roles of increasing responsibility. In 2018, he was named Vice President and Chief Information Officer. Prior to that, he held senior roles leading enterprise infrastructure teams and has experience scaling IT systems to support growth. He has a bachelor's degree in Computer Engineering from California Polytechnic State University.

"Dan's strong track record as a technology leader will be an asset to Modine as we continue to execute on our global business strategies. We are pleased to welcome him to the team," said Mick Lucareli, Executive Vice President and Chief Financial Officer. "I also would like to thank Steve Langer for his seven years of service at Modine and wish him well in retirement."

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.

Media Contact: pr@modine.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/modine-announces-new-chief-information-officer-302274271.html

SOURCE Modine

FAQ

Who is the new Chief Information Officer of Modine (NYSE: MOD)?

Dan Hedstrom has been appointed as the new Chief Information Officer of Modine (NYSE: MOD), effective October 14, 2024.

What are Dan Hedstrom's responsibilities as CIO at Modine (NYSE: MOD)?

As CIO, Dan Hedstrom will lead Modine's global IT function, execute the company's digital strategy, and focus on building business-aligned IT solutions to optimize performance, enhance productivity, and improve cyber security.

Where did Dan Hedstrom work before joining Modine (NYSE: MOD)?

Before joining Modine, Dan Hedstrom worked at Cubic for 12 years, where he served as Vice President and Chief Information Officer since 2018.

Who is Dan Hedstrom replacing as CIO at Modine (NYSE: MOD)?

Dan Hedstrom is replacing Steve Langer, the current Vice President Information Technology at Modine, who has announced his plans to retire at the end of 2024.