Franklin Electric Appoints Jeffery L. Taylor as Vice President and Chief Financial Officer and Announces Retirement of CFO John J. Haines
Fort Wayne, IN – June 14, 2021 – Franklin Electric Co. Inc. (NASDAQ: FELE) announced today that Jeffery L. Taylor has been appointed Vice President and Chief Financial Officer effective June 14, 2021. John J. Haines has retired as Vice President and Chief Financial Officer of the Company but will support Mr. Taylor through an interim period to ensure a seamless transition.
“Jeff brings strong…Read More
Fort Wayne, IN – May 17, 2021 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired New Aqua, LLC and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments. The transaction is expected to be accretive to earnings per share (EPS) in 2021 in the range of $0.04 to $0.06…Read More
Franklin Electric Announces Board of Director Changes Including the Election of Mr. Alok Maskara as Director of the Company
Fort Wayne, IN – May 7, 2021: -- The following changes have been made to the Board of Directors of Franklin Electric Co., Inc. (NASDAQ: FELE).
- David T. Brown has retired as a director of the company effective May 7, 2021 having reached the maximum Director age limit established by the Company’s by-laws. Mr. Brown has served as a director since 2008 and has contributed immeasurably to t…
Fort Wayne, IN – April 27, 2021 – Franklin Electric Co. Inc. today announced first quarter 2021 financial results.
First quarter 2021 sales were $333.0 million, compared to first quarter 2020 sales of $266.8 million. First quarter 2021 operating income was $33.8 million, compared to first quarter operating income in 2020 of $13.8 million, an increase of a 144 percent.
First quarter 2021 G…Read More
Fort Wayne, IN – April 26, 2021 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.175 per share payable May 20, 2021, to shareholders of record on May 6, 2021.
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a techni…Read More