- EnPro Industries, Inc. (NYSE:NPO) has appointed Eric A. Vaillancourt as President and Chief Executive Officer and as a member of its Board effective immediately.
- Vaillancourt has served as Interim President and CEO since August 2021 and previously served as President of Enpro’s Sealing Technologies segment.
- In August, Marvin Riley stepped down as President, CEO, and member of the Board.
- Vaillancourt joined Enpro in 2009 as Vice President, Sales & Marketing at Garlock, where he served until 2012, when he was elevated to President, Garlock. In 2018, Vaillancourt led Stemco through the implementation of the division’s optimization plans.
- Price Action: NPO shares are trading lower by 0.93% at $105.11 on the last check Monday.
Barclays Maintains Equal-Weight on Gates Industrial Corp, Raises Price Target to $15
Barclays analyst Julian Mitchell maintains Gates Industrial Corp (NYSE:GTES) with a Equal-Weight and raises the price target from $13 to $15.