Press Release Details

 

Colfax Names Lynn Clark Senior Vice President, Global Human Resources

Fulton, MD (January 11, 2013) -- Colfax Corporation ("Colfax") (NYSE: CFX), a leading global manufacturer of gas- and fluid-handling and fabrication technology products and services, today announced that Lynn Clark has been named Senior Vice President, Global Human Resources effective January 13, 2013, reporting to Steve Simms, President and CEO of Colfax.  In this role Lynn will be responsible for all areas of human resources including compensation and benefits, talent acquisition and engagement as well as organization development and succession management. Bill Rothenbach, who has been serving as Colfax's Senior Vice President, Human Resources since April 2011, has been named Senior Vice President, Human Resources for Colfax's fluid-handling business.

Lynn has over 30 years of human resources experience in a variety of industries and geographies.  Lynn began her career in sales and marketing with her last role in business development at Drake Beam Morin Inc.  Since then, Lynn has successfully moved from large divisional roles at Fortune 500 companies like Allied Signal, Lucent Technologies, and Bristol Myers Squibb to the Mead Johnson Corporation where she served most recently as Senior Vice President, Global Human Resources. Lynn has a bachelor of science in education and a master of science in college student personnel from Bowling Green University in Ohio.

Steven E. Simms, President and Chief Executive Officer of Colfax, stated, "We're pleased to welcome Lynn to the Colfax leadership team. I am also pleased that Bill has agreed to lead the global human resources management for Colfax Fluid Handling and would like to thank him for the contributions that he has made to the success of Colfax over the past two years."

ABOUT COLFAX CORPORATION - Colfax Corporation is a diversified global manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers around the world under the Howden, Colfax Fluid Handling and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. Colfax is traded on the NYSE under the ticker "CFX." Additional information about Colfax is available at www.colfaxcorp.com.

CAUTIONARY NOTE CONCERNING FORWARD LOOKING STATEMENTS:

This press release may contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax's plans, objectives, expectations and intentions and other statements that are not historical or current fact. Forward-looking statements are based on Colfax's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax's results to differ materially from current expectations include, but are not limited to factors detailed in Colfax's reports filed with the U.S. Securities and Exchange Commission including its 2011 Annual Report on Form 10-K under the caption "Risk Factors." In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein.

The term "Colfax" in reference to the activities described in this press release may mean one or more of Colfax's global operating subsidiaries and/or their internal business divisions and does not necessarily indicate activities engaged in by Colfax Corporation.

Investor Contact:
Scott Brannan              
Colfax Corporation
SVP and Chief Financial Officer
(301) 323-9000
Scott.brannan@colfaxcorp.com

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