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Rahul

The Board of Flow Dry Technology, Inc. ("Flow Dry") announces the departure of Doug LeConey effective December 1, 2015. Doug will graciously assist the company in the transition with a new CEO for the next 30 – 60 days. He is leaving Flow Dry after 28 years of service, where he successfully guided the business through aggressive global growth, numerous competitive challenges, and many stages of development. Doug departs with the Company well positioned for continued growth. The Board would like to express its deep gratitude to Doug for his many contributions to the business.

The Board is delighted to announce that effective December 1, 2015, Rahul Deshmukh is appointed as the President and CEO of Flow Dry. Rahul joins Flow Dry after distinguishing himself at Emerson Electric and Dover Corporation where he successfully delivered robust, profitable growth at a number of industrial product businesses. Rahul brings to this role, among other experiences, demonstrated ability to rapidly grow industrial businesses through geographical expansion, new product introduction and commercialization, and operational excellence initiatives, all through high performing teams. As a result of his experience, the Board believes Mr. Deshmukh is well suited to lead the next stage of growth at Flow Dry.

"I am honored and delighted to be joining the team at Flow Dry. This Company is a leader in its core markets globally. I look forward to working with a strong team to position Flow Dry for long-term success in a rapidly changing market environment for the benefit of our customers, associates, suppliers and shareholders", said Mr. Deshmukh. Rahul holds a BS in Chemical Engineering from the University of Mumbai, India and an MBA from Washington University in St. Louis.

Over the next few months, Rahul will be relocating his family from Tucson, Arizona to the Dayton area. Please join the Board in welcoming Rahul to Flow Dry.

 

Sincerely,

Flow Dry Technology, Inc.

Board of Directors

Posted by Angie Harmeson at 13:23

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