Business

Charlotte-based SPX Corp. names four executive officers

Charlotte-based SPX Corp., which announced in October that it plans to split into two companies, announced the appointment of four executive officers on Thursday.

The four are currently presidents of major segments within the company, a diversified manufacturer that provides equipment for food and beverage, electricity and vehicle services.

Gene Lowe will serve as the President and CEO of the future infrastructure company upon completion of the spin-off transaction, according to the company announcement.

The other appointees are Marc Michael, president of flow food and beverage, Tony Renzi, president of flow power and energy, and David J. Wilson who serves as president, flow industrial.

“Gene, Marc, Tony and David have been instrumental in driving improved operational performance in their respective businesses over the past two years and have also demonstrated a strong, long-term commitment to SPX,” Chris Kearney, president and CEO, said in a statement.

“Their appointment as executive officers is a testament to the strength and depth of our management team. I am confident that these four highly capable leaders will continue to make meaningful contributions to the success and on-going development of our organization.”

SPX employs about 350 in Charlotte, where the company is headquartered in a Ballantyne office building.

This story was originally published December 18, 2014 at 10:43 AM with the headline "Charlotte-based SPX Corp. names four executive officers."

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