Rockwell Automation (ROK) CFO Patrick Goris Resigning To Join Carrier Global (CARR)

By Amit Chowdhry ● October 19, 2020
  • Rockwell Automation, Inc. (NYSE: ROK) announced that Chief Financial Officer Patrick Goris has notified the company of his decision to accept a CFO role at Carrier Global Corp (NYSE: CARR)

Today Rockwell Automation, Inc. (NYSE: ROK) announced that Chief Financial Officer Patrick Goris has notified the company of his decision to accept a CFO role at Carrier Global Corp (NYSE: CARR). Goris worked at Rockwell for 14 years and will continue to serve as Rockwell’s CFO until November 13, 2020.

Carrier said that Goris will succeed Timothy McLevish. And to ensure a smooth transition, McLevish will remain with Carrier until his retirement on February 15, 2021 in the role of Special Advisor to Carrier’s President & CEO Dave Gitlin.

Steve Etzel, who currently serves as vice president, finance at Rockwell will assume the interim CFO role upon Goris’ departure. Etzel has worked at Rockwell for more than 30 years in various finance roles, including vice president, risk management and financial planning, and vice president, treasurer, and investor relations. Rockwell has initiated a search process considering internal and external candidates to identify a permanent CFO.

Key Quotes From Rockwell:

“On behalf of the entire Rockwell team, I want to thank Patrick for his contributions and service to the Company. During his tenure as CFO, the company has continued its legacy of delivering superior returns to shareowners, and he has helped build a solid foundation for expanding our value. We wish him the very best as he begins this next chapter.”

“Steve is a deeply knowledgeable finance veteran and the ideal person to lead a seamless transition as we work to identify the right executive to serve as our permanent CFO. The Board of Directors and I have the utmost confidence in Steve, both for his financial experience and his institutional knowledge.”

— Blake Moret, Chairman & CEO of Rockwell Automation.

“It took a unique opportunity for me to pursue this change. It has been very rewarding to work with Blake and the rest of the very talented Rockwell leadership team to build on the Company’s long record of innovation. We have a strong and talented team across the finance organization, and I am confident Rockwell will continue to create significant, sustainable value for our customers and shareowners.”

— Patrick Goris

Key Quotes From Carrier

“Patrick is an accomplished finance leader, with over 20 years’ experience leading global finance teams and a proven track record as a strategic leader in dynamic environments. His experience in transformation will be invaluable as we continue to drive our growth strategy and position Carrier to deliver significant value for our shareowners. We are very pleased to welcome Patrick to the Carrier team.”

“Carrier is an iconic company and a recognized global leader, delivering innovative, sustainable solutions for buildings and the cold chain. I look forward to collaborating with Dave and the talented management team to help drive and deliver sustained growth.”

“On behalf of Carrier, I want to extend my thanks to Tim for his partnership through a pivotal period in our history as we transitioned to a standalone, public company. Tim’s deep experience and guidance have been critical, and his many contributions have established a strong foundation for our continued growth.”

— Carrier’s President & CEO Dave Gitlin

“Over the past year, we successfully transitioned Carrier to a public company in an unprecedented external environment. The company has delivered strong performance and is well-positioned for the future. We said in mid-September that 2020 results were tracking to the high end of our outlook and trends have improved further since that time. I have been honored to be part of the journey and believe that with the strength that we have seen in the business and our positioning for the future, this is the right time for me to transition the CFO role to Patrick.”

— Timothy McLevish