Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Lennox Names Alok Maskara As CEO; Reiterates FY22 Outlook

Lennox (Organization) NYSE LII (Organization)
  • Lennox International Inc. (NYSE:LII) has appointed Alok Maskara as its CEO, effective on May 9, 2022.
  • Maskara succeeds Todd Bluedorn, who announced in July 2021 his plans to step down by mid-2022 as Chairman and CEO.
  • The company has named Todd Teske, current Lead Independent Director, as Chairman of the Board and to also serve as interim CEO until Maskara assumes the role as CEO.
  • Maskara has served for five years as CEO of Luxfer Holdings PLC (NYSE:LXFR). Before Luxfer, he served for nearly a decade as president of several global business units at Pentair PLC (NYSE:PNR).
  • Lennox also reiterated its previously announced financial guidance for 2022. It expects FY22 adjusted EPS of $13.50 - $14.50 and 5% -10% revenue growth.
  • Price Action: LII shares are trading lower by 4.17% at $263.93 on the last check Wednesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
‘Every night was Halloween’ – how one ‘camera girl’ captured the madcap style of 80s New York
Grace Jones, David Bowie and Debbie Harry feature alongside lesser known dancers in Sharon Smith’s Polaroids of the city’s club scene, where dressing up was your passport into the creative world
The Guardian - UK
The Guardian - UK
Humans will soon be able to mine on the Moon. But should we? 4 questions to consider
By the end of this decade, nations and private companies may well be mining the surface of the Moon.
The Conversation
The Conversation
Garten reflects on Winfrey's "love tap"
Garten reflected on the special moment in her recent memoir, "Be Ready When the Luck Happens"
Salon
Salon
Justin Baldoni to reportedly file counterclaim against Blake Lively
Dispute between It Ends With Us co-stars escalates further with Baldoni’s lawyer claiming lawsuit will ‘shock everyone’
The Guardian - US
The Guardian - US
Jennifer Lopez's Cowgirl 'Fit Proves 2024's Barrel Leg Jeans Trend Isn't Going Anywhere In the New Year
She styled it with another stable staple.
Marie Claire
Marie Claire
“She Had A Nose Job”: Salma Hayek’s 1995 Casting Photo Goes Viral
A Polaroid photo shows Salma years before her breakout role as the famous Mexican painter in "Frida." The post “She Had A Nose Job”: Salma Hayek’s 1995 Casting Photo Goes Viral first appeared on Bored Panda.
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play