Nordson Corporation Appoints Anand Patel as Vice President, Treasury and Finance
09/22/2022 - 04:30 PM
WESTLAKE, Ohio --(BUSINESS WIRE)--
Nordson Corporation (NASDAQ: NDSN) announced that Anand Patel will succeed Ray Cushing as vice president, treasury and finance following Ray’s upcoming retirement.
Anand joins Nordson on September 26 from O-I Glass, Inc. (Nasdaq: OI), a global manufacturing company, where he served as vice president and treasurer. He has held roles of increasing responsibility at O-I since 2013, and prior to that he was a senior manager at Deloitte Tax LLP for nine years.
Joe Kelley , executive vice president, chief financial officer, said, “We are looking forward to welcoming Anand to Nordson’s finance team. His expertise and experience gained throughout his professional career with large, global manufacturing organizations will serve him well in supporting Nordson’s next chapter of profitable growth.”
Mr. Patel most recently was responsible for O-I’s global treasury function, which included planning and execution of capital market transactions, managing liquidity for O-I’s global operations, developing and maintaining global banking and bondholder relationships, managing foreign currency and interest rate risk, establishing capital allocation priorities, and more. At O-I, he managed a global team across several countries.
Anand succeeds Ray Cushing , who plans to retire at the end of the calendar year after 42 successful years with the company.
Joe Kelley said, “On behalf of the entire Nordson finance team, I’d like to thank Ray for his outstanding financial stewardship of the Company. Ray successfully shepherded Nordson’s treasury function from supporting a $200 million revenue business to a business with revenue of greater than $2.5 billion . That is an incredible accomplishment and one that he can take great pride in as he moves on to his next chapter in retirement.”
Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio , the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com , www.twitter.com/Nordson_Corp or www.facebook.com/nordson .
View source version on businesswire.com : https://www.businesswire.com/news/home/20220922005778/en/
Lara Mahoney
Vice President,
Corporate Communications & Investor Relations
440.204.9985
Lara.Mahoney@nordson.com
Source: Nordson Corporation
NDSN Rankings
#2366 Ranked by Stock Gains
NDSN Stock Data
Industry
Heating Equipment (except Warm Air Furnaces) Manufacturing
Sector
Manufacturing
Tags
Producer Manufacturing, Industrial Machinery, Manufacturing, Heating Equipment (except Warm Air Furnaces) Manufacturing
Country
US
City
Westlake
About NDSN
whatever you do today, nordson corporation is likely a part of it. we engineer, manufacture and market differentiated products and systems used for precision dispensing and processing in a variety of end markets, from packaging to transportation and medical to electronics. founded in 1954, we operate under the values of integrity, respect for people, customer passion, energy and excellence. nordson is headquartered in the united states in westlake, ohio, and has direct operations in more than 30 countries to support our products and systems with application expertise and a direct global sales and service organization.