Compressed Air Best Practices - June 2008 - (Page 8)

| 06–07/08 Compressed Air Industry PHARMACEUTICALS | Gardner Denver, Inc. Announces Executive Management Changes Gardner Denver, Inc. announced in May the retirement of Ross J. Centanni, Executive Chairman of the Board of Directors, and J. Dennis Shull, Executive Vice President and General Manager, Compressor Division, effective January 2, 2009. Mr. Centanni has been appointed to serve in the role of Chairman Emeritus of the Board of Directors through his retirement. Mr. Centanni will then provide consulting services to the Company following his retirement in January 2009 through the annual meeting of stockholders in May 2009. Frank J. Hansen, previously the lead non-employee Director of the Company’s Board of Directors, has been appointed to succeed Mr. Centanni as Chairman of the Board in a non-executive capacity, effective immediately. Barry L. Pennypacker, President and CEO of the Company, will now report to Mr. Hansen. Tracy D. Pagliara, currently the Company’s Executive Vice President, Administration, General Counsel and Secretary, will succeed Mr. Shull following his retirement in January 2009. Mr. Centanni served as the President and Chief Executive Officer of Gardner Denver from its incorporation in 1993 until the appointment of Barry L. Pennypacker as President and CEO in January 2008. Mr. Centanni has served on the Company’s Board of Directors since 1993 and was elected Chairman of the Board in 1998. Prior to Gardner Denver’s spin-off from Cooper Industries in 1994, Mr. Centanni was the Vice President and General Manager of Gardner Denver’s predecessor, the Gardner-Denver Industrial Machinery Division, where he also served as Director of Marketing from August 1985 until June 1990. Under Mr. Centanni’s leadership, Gardner Denver was transformed into a leading global manufacturer of compressor and vacuum equipment serving various industrial and transportation applications, pumps used in the petroleum and industrial market segments, and other fluid transfer equipment serving chemical, petroleum and food industries and its annual revenues have grown from $175 million to $1.9 billion. Mr. Shull has been an employee of Gardner Denver since 1975 and has served as the Executive Vice President and General Manager of the Gardner Denver Compressor Division since November 2006. He previously served as Vice President and General Manager of the Compressor Division from January 2002 until his promotion and Vice President and General Manager of the Compressor and Pump Division from its organization in August 1997 until January 2002. For more information, visit www.GardnerDenverProducts.com ASCO Numatics Announces Industrial Automation Engineering Scholarships In May, ASCO Numatics announced a new program that will award two $5,000 scholarships to U.S. engineering students who are pursuing careers in industrial automation-related disciplines. Additionally, ASCO Numatics will make $1,000 grants to the engineering departments of the colleges in which the winners are enrolled. “Fluid control and fluid power technology will play a vital role in helping companies meet the dynamic business conditions of tomorrow’s global markets. This work will require a new generation of engineering leaders with the skills and expertise to create advanced automation processes. We have implemented the scholarship program to recognize and assist students who show great potential and capability to solve tomorrow’s industrial processing challenges,” said Bob Kemple, executive vice president, sales and marketing ASCO Numatics-Americas. The scholarships are merit-based and will be awarded on the candidate’s potential for leadership and for making a significant contribution to the engineering, instrumentation, systems, electrical, mechanical and automation professions, particularly as they relate to the application of fluid control and fluid power technology. A panel of ASCO Numatics and independent judges will select the finalists. 8 www.airbestpractices.com http://www.GardnerDenverProducts.com http://www.airbestpractices.com

Table of Contents Feed for the Digital Edition of Compressed Air Best Practices - June 2008

Compressed Air Best Practices - June 2008 Contents From the Editor Utility-Air News A Pharmaceutical Compressed Air System Audit Talking Dew Point Puerto Rico, Pharmaceuticals and Airequipo Inc. Oil-Free Rotary and Oil-Free Centrifugal Compressor Comparison SMC: Managing Energy and Dew Point in Pneumatic Systems Utility Grade Compressed Air Systems Training Calendar & Product Picks Wall Street Watch Advertiser Index Job Market

Compressed Air Best Practices - June 2008

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