Vontier Appoints Anshooman Aga as Chief Monetary Officer
Business Service

Vontier Appoints Anshooman Aga as Chief Monetary Officer

RALEIGH, N.C.–(BUSINESS WIRE)–Vontier Company (“Vontier”) (NYSE: VNT) at present introduced the appointment of Anshooman Aga as Chief Monetary Officer, efficient August 29, 2022. Mr. Aga succeeds David Naemura, who will stay with the Firm by way of 12 months finish and work intently with Aga and different members of the chief crew to facilitate a seamless transition.

“Anshooman is an skilled CFO with specific experience driving development and transformation inside industrial and technology-oriented companies,” stated Mark D. Morelli, Vontier’s President and Chief Govt Officer. “His deep monetary acumen, historical past of strategic capital allocation and in depth expertise in mobility expertise markets will assist drive continued monetary efficiency for each Vontier and our shareholders. We’re excited to welcome Anshooman to Vontier’s management crew and sit up for his fast contribution as we proceed to speed up our technique to construct a greater, stronger, extra centered development portfolio.”

“On behalf of everybody at Vontier, I wish to thank Dave for his many contributions to the corporate,” added Morelli. “Dave has performed an instrumental function in Vontier’s separation and launch as an unbiased firm and has been an essential companion to me over these final two years as we’ve positioned the corporate for long-term success.”

Mr. Aga brings greater than 20 years of expertise in operational finance, monetary planning & evaluation and company improvement, has a confirmed observe file of driving development and has led quite a few transformations all through his profession. Most lately, he served as Senior Vice President and Chief Monetary Officer (CFO) of Harsco Company (NYSE: HSC) from August 2021 by way of August 2022. Previous to becoming a member of Harsco Company, Mr. Aga was the Govt Vice President and Chief Monetary Officer (CFO) of Cubic Company. He joined Cubic in July 2017 as Govt Vice President and assumed the function of CFO in October 2017. On this function, Mr. Aga was chargeable for all elements of Cubic’s monetary methods, processes and operations, together with company improvement, threat administration, investor relations, actual property, and world manufacturing, procurement and IT. Previous to becoming a member of Cubic, Mr. Aga served at AECOM, a multinational engineering agency (NYSE: ACM) from June 2015 to July 2017, the place he was senior vp and chief monetary officer of their multi-billion-dollar Design and Consulting Providers enterprise within the Americas. He additionally held a collection of economic management positions at Siemens, a multinational industrial manufacturing firm, from July 2006 to Could 2015, together with chief monetary officer of the Power Automation enterprise based mostly in Nuremburg, Germany, along with related monetary roles for Siemens’ Rail Electrification and TurboCare enterprise models.

ABOUT VONTIER

Vontier is a world industrial expertise firm on the forefront of fixing next-gen mobility and transportation challenges. Guided by the Vontier Enterprise System and an unwavering dedication to our prospects, Vontier delivers sensible, sustainable options to create a greater world.

Ahead-Trying Statements

This launch comprises forward-looking statements inside the which means of the federal securities legal guidelines. These statements embrace, however will not be restricted to statements concerning Vontier Company’s (the “Firm’s”) enterprise and acquisition alternatives and anticipated earnings, and every other statements recognized by their use of phrases like “anticipate,” “count on,” “imagine,” “outlook,” “steerage,” or “will” or different phrases of comparable which means. There are a variety of essential dangers and uncertainties that would trigger precise outcomes, developments and enterprise selections to vary materially from these instructed or indicated by such forward-looking statements and you shouldn’t place undue reliance on any such forward-looking statements. These dangers and uncertainties embrace, amongst different issues, the period and impression of the continuing COVID-19 pandemic, deterioration of or instability within the economic system, the markets we serve, worldwide commerce insurance policies and the monetary markets, contractions or decrease development charges and cyclicality of markets we serve, competitors, modifications in business requirements and governmental rules which will adversely impression demand for our merchandise or our prices, our means to efficiently establish, consummate, combine and notice the anticipated worth of applicable acquisitions and efficiently accomplished divestitures and different tendencies, our means to develop and efficiently market new merchandise, software program, and providers and broaden into new markets, the potential for improper conduct by our workers, brokers or enterprise companions, impression of divestitures, contingent liabilities referring to acquisitions and divestitures, impression of modifications to tax legal guidelines, our compliance with relevant legal guidelines and rules and modifications in relevant legal guidelines and rules, dangers referring to worldwide financial, political, warfare or hostility, authorized, compliance and enterprise components, dangers referring to potential impairment of goodwill and different intangible belongings, forex trade charges, tax audits and modifications in our tax charge and revenue tax liabilities, the impression of our debt obligations on our operations, litigation and different contingent liabilities together with mental property and environmental, well being and security issues, our means to adequately defend our mental property rights, dangers referring to product, service or software program defects, product legal responsibility and remembers, dangers referring to product manufacturing, {our relationships} with and the efficiency of our channel companions, commodity prices and surcharges, our means to regulate purchases and manufacturing capability to replicate market circumstances, reliance on sole sources of provide, safety breaches or different disruptions of our info expertise programs, adversarial results of restructuring actions, impression of modifications to U.S. GAAP, labor issues, and disruptions referring to man-made and pure disasters. Extra info concerning the components which will trigger precise outcomes to vary materially from these forward-looking statements is offered in our SEC filings, together with our Annual Report on Type 10-Okay for the 12 months ended December 31, 2021. These forward-looking statements signify Vontier’s beliefs and assumptions solely as of the date of this launch and Vontier doesn’t assume any obligation to replace or revise any forward-looking assertion, whether or not because of new info, future occasions and developments or in any other case.

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