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Colfax Announces Board of Directors for Post-Spinoff ESAB
Wilmington, DE, March 28, (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading diversified technology company which will renamed Enovis Corporation (“Enovis”) following the expected April 4, consummation of the Company’s previously announced spin-off of its fabrication technology business (the “Separation"), which will operate as ESAB Corporation (“ESAB”) after the Separation, today announced the future composition of the full ESAB Board of Directors (the “Board”).
Following the Separation, Mitchell P.
Rales will serve as chairman of the Board, and current Colfax directors Patrick W. Allender, Rhonda L. Jordan, Didier Teirlinck and Rajiv Vinnakota will serve as directors of ESAB. Mr. Allender, Ms. Jordan and Mr. Teirlinck will resign from Colfax’s Board of Directors effective upon the consummation of the Separation.
In addition, the Board has appointed Melissa Cummings, Robert S. Lutz, Stephanie M. Phillipps and E