Cooper Industries (NYSE: CBE) has appointed David A. Barta to the position of senior vice president and CFO, effective May 17, 2010. Barta will replace Terry A. Klebe, who will be retiring.
Barta joins Cooper from Regal-Beloit Corp. where he served as CFO for the past six years.
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\”Dave Barta brings to Cooper a wealth of experience and a long list of accomplishments,\” CEO Kirk S. Hachigian says. \”For the last six years, he has been the Chief Financial Officer for a company that has a strong track record of revenue and earnings growth while improving cash flow and maintaining a conservative balance sheet.\”
Cooper Industries plc (NYSE: CBE) is a global manufacturer with 2009 revenues of $5.1 billion, approximately eighty-nine percent of which are from electrical products.
