nVent Adds Mellinda Devese as Chief Supply Chain Officer
Rhea-AI Summary
nVent (NYSE: NVT) hired Mellinda Devese as Executive Vice President and Chief Supply Chain Officer, effective March 16, 2026. Devese will report to Chair and CEO Beth Wozniak and lead global end-to-end supply chain functions from headquarters in St. Louis Park, MN.
Devese joins from GE HealthCare, where she led supply chain for the $10 billion Imaging segment, and previously held roles at Whirlpool and Eaton. She will focus on operational performance, safety, and supporting nVent's growth and transformation strategy.
Positive
- Starts March 16, 2026 as Chief Supply Chain Officer
- Leads global end-to-end supply chain functions
- Experienced leader from $10B GE HealthCare Imaging segment
Negative
- Onboarding risks could temporarily affect supply chain continuity
Key Figures
Market Reality Check
Peers on Argus
Peers HUBB, AYI, VRT, AEIS and ENS all showed gains between 0.24% and 1.42%, broadly consistent with NVT’s 1.06% rise, but no names appeared on the momentum scanner, pointing to modest stock-specific and sector strength rather than a flagged rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 06 | Earnings release | Neutral | -1.1% | Posted Q4 and full-year 2025 results and held earnings call. |
| Feb 02 | Investor Day plan | Positive | +3.1% | Announced 2026 Investor Day with growth strategy and targets. |
| Jan 23 | Earnings date set | Neutral | -1.1% | Scheduled Q4 2025 release and investor call details. |
| Dec 15 | Dividend increase | Positive | +0.9% | Raised quarterly dividend to US$0.21 per share for Q1 2026. |
| Nov 21 | Conference participation | Neutral | -1.0% | Announced presentation at Goldman Sachs Industrials conference. |
Recent news has centered on earnings, capital markets events and a dividend increase, with generally modest single-day price moves in both directions.
Over the last several months, nVent has focused on investor communication and capital returns. An earnings date notice on Jan 23, 2026 and the Q4 and full-year 2025 results release on Feb 6, 2026 both produced limited price moves. The announcement of a 2026 Investor Day on Feb 2, 2026 was followed by a positive reaction of 3.14%. Earlier, nVent announced a 5% quarterly dividend increase on Dec 15, 2025 and participation in a Goldman Sachs conference in Nov 2025, reinforcing an ongoing investor-engagement narrative.
Regulatory & Risk Context
On Feb 17, 2026, nVent filed an automatic shelf registration on Form S-3ASR, replacing a prior Form S-3. The shelf permits future issuances of senior debt, ordinary and preferred shares, depositary shares, purchase contracts, warrants, units and related guarantees, as well as resale by selling shareholders via prospectus supplements. Primary proceeds, if any, may be directed to general corporate purposes including debt repayment, acquisitions, working capital, share repurchases, capital expenditures and subsidiary investments.
Market Pulse Summary
This announcement highlights a senior supply chain hire aimed at supporting nVent’s growth in electrification, data centers and critical infrastructure. It follows a period of significant portfolio reshaping, including a $1.6 billion business sale, multiple acquisitions and backlog growth to $2,349.9 million by year-end 2025. Investors may track how operational execution, capital allocation flexibility under the new S-3ASR shelf, and upcoming strategic updates translate into margins, growth and future disclosures.
AI-generated analysis. Not financial advice.
Integrated supply chain leader will drive growth, transformation, and operational excellence
LONDON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE: NVT) ("nVent"), a global leader in electrical connection and protection solutions, today announced the hiring of Mellinda Devese as Executive Vice President and Chief Supply Chain Officer, effective March 16, 2026. Devese will report directly to nVent Chair and CEO Beth Wozniak and lead nVent’s global, end-to-end integrated supply chain including manufacturing operations, procurement, inventory management and distribution, global planning and logistics, lean, and safety. She will be based out of nVent’s headquarters in St. Louis Park, MN.
“Mellinda is an experienced supply chain leader with a demonstrated track record of driving results, ensuring operational efficiencies and cost effectiveness while improving customer experience,” said Beth Wozniak, nVent Chair and CEO. “She will help us advance our growth strategy and continue our transformation to a higher-growth global electrical company.”
Devese will focus on best-in-class end-to-end operational performance across the company’s global supply chain. Her experience and commitment to safety and people will drive improved employee, customer and supplier experiences.
“I’m excited to join nVent at such a pivotal moment in the company’s growth journey,” said Mellinda Devese. “nVent’s solutions are at the center of electrification and the global demand for data centers and critical infrastructure. I look forward to helping nVent accelerate growth, drive efficiencies and strengthen operational excellence across the company.”
Devese joins nVent from GE HealthCare, where she was most recently Senior Vice President of Global Integrated Supply Chain for the company’s
Devese earned a B.A. in Business Administration and Finance (International Marketing) from Anglia University (UK) and an Executive MBA from Baldwin Wallace College.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world’s most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis.
Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Electrical Products Group acquisition; competition and pricing pressures in the markets we serve; the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses, including risks associated with military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.
Media Contact
Kevin King
Vice President, Global Communications
+1 763.291.0526
Kevin.King@nVent.com
FAQ
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