Enerpac Tool Group Announces Anthony Colucci Appointed EVP & Chief Financial Officer

MILWAUKEE, Could 09, 2022–(BUSINESS WIRE)–Enerpac Device Group Corp. (NYSE: EPAC) (“Enerpac” or “the Firm”) introduced right this moment that Anthony “Tony” Colucci will be part of the Firm as EVP and Chief Monetary Officer efficient Could 30, 2022. He’ll report back to Paul Sternlieb, President & CEO, of Enerpac Device Group, and function a member of the Firm’s govt management crew. Mr. Colucci will present management over all features of the Firm’s finance and IT features globally.

Mr. Colucci joins Enerpac Device Group from Robertshaw Industries, a world industrial producer and engineering firm offering elements and techniques options into the residential white items, business equipment, HVAC, and transportation industries. Most not too long ago, he held the place of EVP & Chief Finance and Administrative Officer. He brings a powerful give attention to partnering with business and operations groups to speed up topline development, enhance monetary processes, and drive effectivity, productiveness, and price discount. Earlier than Robertshaw, Mr. Colucci was the SVP and CFO of Hayward Industries and spent a major a part of his profession in senior world finance management roles at Honeywell Worldwide, the place he developed a deep understanding of producing processes and operations. His final position at Honeywell was VP & Chief Monetary Officer of the Efficiency Supplies & Applied sciences enterprise, an $11 billion section. Mr. Colucci holds a Bachelor of Science in Accounting from DePaul College and an MBA from DePaul College Kellstadt Graduate Faculty of Enterprise with a Finance focus.

Paul Sternlieb, President & CEO, commented, “I’m excited to welcome Tony to the Enerpac Device Group management crew, as we proceed our give attention to accelerating development, enhancing operational excellence, and making a extra environment friendly and agile group, on our journey to grow to be a best-in-class pure play industrial instruments and companies firm. Tony’s expertise main a number of world finance organizations, driving each development and effectivity, can be instrumental as we navigate by means of our ASCEND transformation program and execute the following section of our development technique.”

Story continues

Mr. Colucci added, “I stay up for becoming a member of Enerpac Device Group and am excited concerning the prospects for driving additional development and margin enlargement, because the group embarks on ASCEND. I consider my background and previous experiences will allow me to offer helpful perception and make sturdy contributions throughout this thrilling time for the corporate.”

About Enerpac Device Group

Enerpac Device Group is a premier industrial instruments and companies firm serving a broad and various set of consumers in additional than 100 nations. The Firm’s companies are world leaders in excessive strain hydraulic instruments, managed power merchandise, and options for exact positioning of heavy masses that assist clients safely and reliably sort out among the most difficult jobs world wide. The Firm was based in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Device Group widespread inventory trades on the NYSE underneath the image EPAC. For additional data on Enerpac Device Group and its companies, go to the Firm’s web site at www.enerpactoolgroup.com.

View supply model on businesswire.com: https://www.businesswire.com/information/house/20220509006017/en/

Contacts

Bobbi Belstner
Senior Director of Investor Relations & Technique
262.293.1912