Copeland Appoints New Chief Financial Officer
2024年7月25日 - 12:15AM
ビジネスワイヤ(英語)
Copeland, a global provider of sustainable climate solutions and
leader in the HVAC, Refrigeration (HVACR) and industrial
compression industry, has announced that Paul Lundstrom will join
the company in August as Chief Financial Officer (CFO). Copeland is
a standalone company and a portfolio company of Blackstone, the
world’s largest alternative asset manager, within its Capital
Partners Fund XIII.
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Paul Lundstrom, Copeland's new Chief
Financial Officer (Photo: Copeland)
“Paul is an excellent addition to the executive team of
Copeland, as he brings with him extensive experience not only in
the area of finance, but more broadly across business, including
experience in business transformation, manufacturing, and investor
relations. Paul’s experience, energy and fit with the culture that
we are establishing across Copeland will ensure that he has an
immediate impact on both our day-to-day operations and our
longer-term strategy,” said Copeland Chief Executive Officer Ross
B. Shuster. “Having worked with Paul previously, I look forward to
welcoming Paul to Copeland and working alongside him once
again.”
An experienced senior finance executive, Lundstrom joins
Copeland from Flex, Ltd (NASDAQ: FLEX) where he served as the
company’s Chief Financial Officer. Lundstrom was a key member of
the team that led the analysis, carve out and IPO for Nextracker
(NASDAQ: NXT) from Flex in 2023 and served as a member of the
Nextracker Board of Directors. Prior to joining Flex, Ltd., he
served as the Chief Financial Officer for Aerojet Rocketdyne
(previously NYSE: AJRD). Paul also held a number of senior
financial leadership roles during his nineteen years at United
Technologies (previously NYSE: UTX), including Vice President of
Investor Relations, and multiple business unit CFO roles. While at
United Technologies, he gained strong and relevant knowledge of the
HVACR industry as part of the Carrier air-conditioning business
unit, which was then part of United Technologies.
“I’m excited to join Copeland as it takes the actions to
establish itself to a leading stand-alone company within the global
HVACR and industrial compression industry. I am particularly
motivated by the opportunity to contribute to a purpose that is
anchored to sustainability,” said Lundstrom. “Copeland is well
positioned to help solve some of the world’s most complex climate
challenges by enabling the energy transition, accelerating the
transition to low global warming refrigerants and safeguarding food
and pharmaceuticals through the cold chain.”
Learn more about Copeland’s sustainable solutions at
copeland.com.
About Copeland
Copeland, a global provider of sustainable climate solutions,
combines category-leading brands in compression, controls, software
and monitoring for heating, cooling and refrigeration. With
best-in-class engineering and design and the broadest portfolio of
modulated solutions, we’re not just setting the standard for
compressor leadership; we’re pioneering its evolution. Combining
our technology with our smart energy management solutions, we can
regulate, track and optimize conditions to help protect
temperature-sensitive goods over land and sea, while delivering
comfort in any space. Through energy-efficient products,
regulation-ready solutions and expertise, we’re revolutionizing the
next generation of climate technology for the better. For more
information, visit copeland.com.
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Jenna Petroff jenna.petroff@copeland.com