Pall Corporation Announces Retirement of President Stevens

Noria news wires

Eric Krasnoff, Pall Corporation chairman and chief executive officer, on May 11 announced that Donald B. Stevens, 65, company president, chief operating officer and president of Pall Industrial, is retiring, capping a career spanning over 40 years. Stevens is leaving his positions as COO and president of Pall Industrial now and will remain as the company's president until the end of Pall’s fiscal year on July 31, 2010.

“Every part of the business has benefited from Don's leadership and drive. Don has seen Pall grow from $24.5 million in sales to $2.3 billion. He has successfully led Pall Industrial through the recent difficult period to a return to growth,” said Krasnoff. “On behalf of our board of directors and the entire organization, I thank Don for his years of dedication and many contributions to Pall’s success. We wish him all the best in his retirement.”

Stevens said, “I am proud to have served Pall Corporation in so many areas of increasing responsibility and look back on the company's accomplishments with a keen sense of satisfaction. I am now focused on transitioning my responsibilities to my very experienced and capable successors.”

Krasnoff also announced the appointment of Roberto Perez as chief operating officer. Perez, most recently the president of Pall Life Sciences, assumes responsibility for Pall Industrial. Another Pall veteran, Yves Baratelli, has been named group vice president and president of Pall Life Sciences reporting to Perez. The board of directors appointed Krasnoff as Pall Corporation's president, effective with Stevens’ departure. Krasnoff continues as chairman and CEO.

Perez joined Pall Corporation in January, 2000 and has held a number of senior management positions. Prior to joining Pall, Perez was president of Baxter International's Fenwal Division. He has more than 30 years of medical device and pharmaceutical experience.

"Pall is rich in managerial strength and depth of talent. Our executive team is excited to build on past successes and continue to move the company forward,” Krasnoff said.

About Pall Corporation
Pall Corporation is a filtration, separation and purification leader providing Total Fluid Management solutions to meet the critical needs of customers in biopharmaceutical; hospital and transfusion medicine; energy and alternative energy; electronics; municipal and industrial water; aerospace; transportation and broad industrial markets. Together with our customers, we foster health, safety and environmentally responsible technologies. The company’s engineered solutions enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.3 billion for fiscal 2009, is an S&P 500 company with more than 10,000 employees serving customers worldwide. Pall has been named a top "green company" by Newsweek magazine. 

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