Franklin Electric Announces Chris Villavarayan Elected to be a Director of the Company

05/06/2022

Fort Wayne, IN – May 6, 2022 – The board of directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Chris Villavarayan to be a director of the Company effective May 6, 2022.

Mr. Villavarayan has been the Chief Executive Officer and President of Meritor, Inc. (NYSE: MTOR) since March 2021. Prior to his appointment as CEO, Mr. Villavarayan held a number of positions of increasing responsibility within Meritor, most recently serving as Executive Vice President and Chief Operating Officer of Meritor with oversight of the company’s global operations for its Global Truck and Aftermarket & Industrial business segments.

Mr. Villavarayan earned a Bachelor of Science in Engineering from McMaster University in Hamilton, Ontario.

Mr. Sengstack, Franklin’s Chairperson and Chief Executive Officer, commented: “I have confidence that Chris’ extensive operational and manufacturing experience and his global outlook will provide a unique perspective to our deliberations. I join my fellow directors in welcoming Chris to the Board and we look forward to benefitting from his leadership and expertise.”

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Franklin Electric (NASDAQ: FELE) is a global manufacturer and distributor of systems and technologies for moving and protecting the world’s most critical resources: water, fuel, and electricity. Franklin Electric serves customers in residential, commercial, agricultural, industrial, municipal, and energy applications with a commitment to responsible innovation, sustainable manufacturing, and being an indispensable partner to customers. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024, Best Places to Work in Indiana 2024, and America’s Climate Leaders 2024 by USA Today.