Modine Names Jeremy Patten as President, Performance Technologies
Rhea-AI Summary
Modine (NYSE:MOD), a global thermal management technology leader, has appointed Jeremy Patten as President of its Performance Technologies (PT) segment. In his new role, Patten will lead the company's Heavy-Duty Equipment and On-Highway Applications product groups, overseeing heat exchanger and cooling module solutions for power generation, agriculture, construction equipment, and commercial vehicle markets.
Patten brings over 20 years of experience, most recently serving as President of the Packaging and Food Technology Group at ATS Corp. His background includes vice president positions at IDEX companies and operations roles at Danaher. He holds a bachelor's degree from West Point and an MBA, with five years of U.S. Army service.
Positive
- Appointment of an experienced leader with over 20 years in industrial operations
- New executive brings strong background in operational excellence and 80/20 methodology
- Strategic hire aligns with company's margin improvement objectives
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MOD gained 0.69%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"I am excited to welcome Jeremy to Modine as the leader of our PT segment," said Modine Chief Executive Officer, Neil D. Brinker. "Jeremy brings a strong track record of industrial leadership and operational excellence. His strategic mindset and experience with 80/20 make him exceptionally well-suited to streamline operations, unlock business value, and drive toward our margin targets for this segment."
Mr. Patten brings more than 20 years of experience to this role, most recently serving as President, Packaging and Food Technology Group at ATS Corp. Before joining ATS Corp., he held vice president roles at two IDEX companies, leading commercial and operational execution. Prior to that, he held operations roles of increasing responsibility at Danaher. Mr. Patten holds a bachelor's degree in environmental engineering from the
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 11,000 employees worldwide, our Climate Solutions and Performance Technologies segments 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
Investor Contact
Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com
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SOURCE Modine