CHARLOTTE – The board of directors of EnPro Industries has officially appointed Eric Vaillancourt as the company’s president and CEO.
The appointment became effective immediately, according to a statement from the company. Vaillancourt had the role of interim president and CEO since August, and prior to that was the president of a division of the company.
“With our optimized portfolio, robust free cash flow profile and the disciplined processes we have implemented across the organization, Enpro has never been in a stronger position,” said Vaillancourt in a statement. “I am energized to build upon our solid foundation as we continue to reshape Enpro into a leading industrial technology company.”
The appointment was unanimous, according to David Hauser, the chairman of the company’s board of directors.
Vaillancourt will also join the company’s board of directors.
“Eric has been critical in shaping Enpro’s strategic agenda in recent years and has played a key role in developing the clear vision for our company’s future,” said Hauser, in a statement. “I am confident in Eric’s ability to continue to work with the talented Enpro team to build on our strong momentum and deliver enhanced value for shareholders.”
The company reported third quarter earnings on Nov. 5, when the company reported year-over-year increases in sales and earnings, while keeping expenditures relatively flat, which beat some analyst’s expectations. The company acquired a California firm in a $255 million deal in Sept. 2020.
Charlotte-based EnPro acquires California firm in $255M deal
