BENTON HARBOR, Mich.,
Dec. 18, 2017 /PRNewswire/
-- Today the Whirlpool Corporation board of directors
appointed James M. Loree, president
and chief executive officer, Stanley
Black & Decker, Inc., to the board, effective
immediately. Loree will serve on the Audit Committee and the
Corporate Governance and Nominating Committee.
"Jim is a proven, respected leader in the consumer products
industry, and we are excited to welcome him to the Whirlpool board
of directors," said Whirlpool Corporation Chairman Jeff M. Fettig. "We believe his strong
experience, particularly in financial management, strategic
planning, and mergers and acquisitions, will be extremely valuable
as Whirlpool continues strengthening our operations in developed
and emerging markets."
Loree, 59, was named president, chief executive officer and
director of Stanley Black &
Decker in 2016, after serving as president and chief operating
officer since 2013. Prior to that, Loree was executive vice
president and chief operating officer. Loree joined The Stanley
Works as vice president and chief financial officer in 1999,
following 19 years with General Electric Company. He previously
served as a director of Harsco Corporation. Loree graduated summa
cum laude with a bachelor's degree in Economics from Union College.
About Whirlpool Corporation
Whirlpool Corporation
(NYSE: WHR) is the number one major appliance manufacturer in the
world, with approximately $21 billion
in annual sales, 93,000 employees and 70 manufacturing and
technology research centers in 2016. The company markets Whirlpool,
KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air,
Indesit and other major brand names in nearly every country
throughout the world. Additional information about the company can
be found at WhirlpoolCorp.com, or find us on Twitter at
@WhirlpoolCorp.
Contact: Whirlpool Corporation
Media: 269/923-7405
Media@Whirlpool.com
Financial: Max Tunnicliff,
269/923-2641
Investor_Relations@Whirlpool.com
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SOURCE Whirlpool Corporation