CIRCOR International Elects Samuel R. Chapin to Board of Directors
20 December 2018 - 7:47AM
Business Wire
Retired BofA Merrill Lynch Senior Executive
Combines Deep Knowledge of Industrials and Significant Strategic
M&A Expertise
CIRCOR International, Inc. (NYSE: CIR), a leading provider of
flow control solutions and other highly engineered products for the
Industrial, Energy and Aerospace & Defense markets, today
announced the appointment of Samuel R. Chapin as an independent
director to its Board of Directors, effective January 1, 2019. Mr.
Chapin will replace Douglas M. Hayes, who is retiring from the
Board at the end of this year. Mr. Chapin has been appointed to the
Nominating and Corporate Governance Committee of the Board. His
term will expire at the Company’s 2021 Annual Meeting of
Stockholders.
Mr. Chapin retired at the end of 2016 from Bank of America
Merrill Lynch, where he had served as an Executive Vice Chairman.
Mr. Chapin joined Merrill Lynch in 1984 as a member of the Mergers
and Acquisitions group and he was named a Managing Director in
Investment Banking in 1993. Mr. Chapin was named Senior Vice
President and head of Merrill Lynch’s Global Investment Banking
Division in 2001. He was named Vice Chairman in 2003 and he became
an Executive Vice Chairman at Bank of America Merrill Lynch in
2010. While at Merrill Lynch and Bank of America Merrill Lynch, Mr.
Chapin was responsible for managing relationships with a number of
the firm’s largest corporate clients.
“Sam brings a broad and important skillset to the Board,
combining significant knowledge of the industrials market with a
mastery of strategic M&A accrued over more than 35 years in
investment banking,” said Scott Buckhout, CIRCOR’s President and
Chief Executive Officer. “We welcome Sam to the Board and look
forward to benefitting from his insight.”
Mr. Chapin is a summa cum laude graduate of Lafayette College,
where he received a Bachelor of Arts degree and was elected to the
Phi Beta Kappa honor society. He also received a Masters of
Business Administration, with distinction, from The Wharton School
at the University of Pennsylvania. He serves on the Board of
Directors of PerkinElmer, Inc. and the Board of Trustees at
Lafayette College. He also is a member of the board of directors of
New York’s not-for-profit Roundabout Theatre Company.
About CIRCOR International, Inc.
CIRCOR International, Inc. designs, manufactures and markets
differentiated technology products and sub-systems for markets
including oil & gas, industrial, aerospace & defense and
commercial marine. CIRCOR has a diversified flow and motion control
product portfolio with recognized, market-leading brands that
fulfill its customers’ mission critical needs. The Company’s
strategy is to grow organically and through complementary
acquisitions; simplify CIRCOR’s operations; achieve world class
operational excellence; and attract and retain top talent. For more
information, visit the Company's investor relations website at
http://investors.circor.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181219005775/en/
Sharon Merrill Associates, Inc. Scott Solomon, Senior Vice
President (617) 542-5300 CIR@investorrelations.com
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