DALLAS, May 4, 2022
/PRNewswire/ -- Lennox International Inc. (NYSE: LII), a
global leader in energy-efficient climate-control solutions, today
announced the appointment of Joe
Nassab as President and Chief Operating Officer of North
America Commercial Heating & Cooling, effective May 4, 2022.
"After 12 years of service at Lennox International, Elliot Zimmer is leaving to pursue other career
opportunities," said Chairman and Interim CEO Todd Teske. "I'd like to thank Elliot for his
significant contributions to our company.
"Joe Nassab is an experienced
General Manager with a proven track record of success. He joined
LII in 2010 as Vice President and General Manager of Allied Air,
competing in both residential and commercial markets. Under Joe's
leadership, Allied delivered exceptional growth and profitability
over the last decade, with revenue growing 10 percent annually and
earnings growing 23 percent annually."
Before joining LII, Nassab worked for 20 years at General
Electric Company in a variety of general management, product
management, and marketing leadership roles. Nassab has a bachelor's
degree in finance from the University of
Michigan.
"We continue to see strong demand in the commercial HVAC
market," Teske said. "While our commercial equipment business is
challenged on the production front with labor constraints and
global supply chain disruptions, we are taking aggressive actions
and seeing signs of operational improvement. With Joe's strong
leadership and operating experience, we are focused on returning
the Commercial business to growth and expanding profitability
toward our intermediate financial goals."
About Lennox International
Lennox International Inc.
is a global leader in energy-efficient climate-control solutions.
Dedicated to sustainability and creating comfortable and healthier
environments for our residential and commercial customers while
reducing their carbon footprint, we lead the field in innovation
with our air conditioning, heating, indoor air quality, and
refrigeration systems. Lennox International stock is listed on the
New York Stock Exchange and traded under the symbol LII. Additional
information on Lennox International is available at
www.lennoxinternational.com or by contacting Steve Harrison, Vice President, Investor
Relations, at 972-497-6670.
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SOURCE Lennox International Inc.