Lennox Announces Chief Financial Officer Leadership Transition Plan

DALLAS, Oct. 26, 2023 /PRNewswire/ — Lennox (NYSE: LII) these days introduced that Govt Vice President and Main Financial Officer Joe Reitmeier has elected to retire powerful February 29, 2024, immediately after 18 impressive decades with the firm. Michael Quenzer, Vice President of Economic Scheduling & Examination and Investor Relations will do well Mr. Reitmeier as Government Vice President and Main Fiscal Officer successful January 1, 2024.  Mr. Reitmeier’s continued availability by February 2024 will be certain a sleek leadership changeover.

Alok Maskara, Main Government Officer of Lennox, explained, “I would like to thank Joe for his sizeable contributions to Lennox. Under his strategic leadership, the business savored sizeable shareholder price advancement and outstanding financial performance. Joe demonstrated a tireless devotion to instilling money excellence at Lennox.” 

Mr. Reitmeier held many management roles at Lennox, including Commercial Segment CFO, before becoming the Main Money Officer in 2012. Since getting around as CFO, he has been instrumental in driving worthwhile growth. His unwavering commitment and skilled economic stewardship ended up crucial to the 7X progress of the firm’s earnings for every share and 12X expansion in market place capitalization all through his tenure.

Maskara ongoing, “Together with his a lot of achievements, Joe built an exceptionally gifted finance business at Lennox. He leaves an enduring experienced legacy. We are immensely grateful for Joe’s leadership and determination to Lennox. I also want to congratulate Michael and look ahead to doing work with him in his new function.”

Mr. Quenzer is an operationally-centered finance chief with a demonstrated file of achievement at Lennox. He joined Lennox in 2004 as a Treasury Analyst and has because held positions of increasing responsibility, which include Professional Phase CFO and most recently Vice President of Economic Organizing & Assessment and Investor Relations. In each and every of these roles, he has delivered monetary excellence, fostered talent, and contributed to the company’s financially rewarding development.

About Lennox
Lennox (NYSE: LII) is a leader in vitality-effective local climate-regulate remedies. Committed to sustainability and generating snug and much healthier environments for our residential and industrial buyers although lowering their carbon footprint, we direct the industry in innovation with our cooling, heating, indoor air high-quality, and refrigeration units. Further information on Lennox is available at www.lennoxinternational.com or by calling Trader Relations, 972-497-6670, [email protected].

Resource Lennox Global Inc.