GENERAL SIGNAL NAMES TWO NEW CORPORATE DEVELOPMENT EXECUTIVES.STAMFORD, Conn.--(BUSINESS WIRE)--June 29, 1995--General Signal Corporation announced today the appointment of Edward T. Brill Brill or Bril, Flemish painters, brothers. Mattys Brill (mä`tīs), 1550–83, went to Rome early in his career and executed frescoes for Gregory XIII in the Vatican. and Richard A. Goglia as directors of corporate development. They will report to vice president -- corporate development Philip A. Goodrich. Mr. Brill and Mr. Goglia will be responsible for identifying opportunities for strategic business combinations as part of General Signal's mergers and acquisitions effort. General Signal has completed 25 "bolt-on" acquisitions in the past several years, an effort that has successfully generated growth for the company and has significantly enhanced the competitive position of its core businesses. "Ed and Rich bring extensive M&A and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. experience to our corporate development effort," said Edmund M. Carpenter, chairman and chief executive officer of General Signal. "Their addition allows us to pursue more aggressively acquisitions that improve our profitability and accelerate our sales growth, with the ultimate goal of delivering superior shareholder returns." Edward T. Brill, 45, was a founder, and, most recently, president of Brill Ventures, Inc. a Philadelphia, Pennsylvania-based corporate finance advisory firm specializing in mergers and acquisitions. It was founded in 1987 to provide consulting and investment banking services to a broad range of companies. Before forming his business, Mr. Brill was director of business development for Chicago-based FMC See fixed mobile convergence. , Inc. and held various M&A and strategic planning positions with Conoco, Inc. and Cities Services Company (CITGO). He also served as a Lieutenant in the U.S. Navy from 1972 to 1977. Mr. Brill holds bachelors degrees in geology/physics from the University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Pennsylvania's Wharton School. Mr. Brill and his family will be relocating to the Fairfield County Fairfield County is the name of three counties in the United States:
Richard A. Goglia, 43, joined General Signal after a 15-year career with General Electric, where he assumed increasing levels of responsibility in corporate finance, M&A, and strategic planning. Most recently, he was a senior vice president in GE Capital Corporate Finance and held previous finance, business development, and strategic planning positions at GE Capital's corporate office and two other operating groups, GE Meter and GE Power Delivery. Mr. Goglia received a bachelor's degree in economics from Bucknell University Bucknell University (bŭknĕl`), at Lewisburg, Pa.; coeducational; founded 1846 as the Univ. of Lewisburg. Its present name was adopted in 1886. Bucknell has a college of arts and sciences and a college of engineering. and holds an MBA from the Wharton School. He and his family will be relocating to Fairfield County from Andover, Massachusetts. -0- General Signal Corporation, with 1994 sales of $1.53 billion, is a leading equipment manufacturer for the process control, electrical, and industrial technology industries. CONTACT: General Signal Corporation, Stamford Mary Jane Guffey 203/329-4322 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion